Montage Gold Corp.

Montage Gold Corp. is pleased to announce the implementation of a revenue protection programme with the goal of securing significant margins to enhance its financial flexibility and achieve its strategic objectives at the onset of production from its Koné project. Martino De Ciccio, CEO of Montage, commented: "We are pleased to complement our [...]

HIGHLIGHTS: US$825m financing package secured from strategic partners Wheaton Precious Metals and Zijin Mining to fund the build of the Koné project in Côte d'Ivoire, increasing Montage's liquidity sources to US$968m inclusive of cash on hand Wheaton Precious Metals to provide a US$625m gold stream and a US$75m loan facility Montage retains [...]

HIGHLIGHTS: 2024 exploration efforts at the Koné project are focused on both delineating higher grade satellite targets, with the goal of supplementing production from the commencement of operations, and identifying new targets A first drill campaign, totalling 30,170m, was completed at the end of July 2024 Mineralisation has now been confirmed at [...]

Montage Gold Corp. is pleased to announce the closing of its previously announced brokered private placement of 102,857,143 common shares of the Company at a price of C$1.75 per Common Share for gross proceeds of C$180 million . The Offering was led by Stifel and SCP Resource Finance LP as co-lead agents and joint bookrunners , on behalf of a [...]

Montage Gold Corp. is pleased to announce that the brokered private placement previously announced on July 16, 2024, has been increased to 102,857,143 common shares of the Company at a price of C$1.75 per Common Share for gross proceeds of approximately C$180 million and that the oversubscribed book has closed. Trusts controlled by the Lundin [...]

In the news release, MONTAGE GOLD MINING; C$170M issued 16-Jul-2024 by Montage Gold Corp. over PR Newswire, we are advised by the company that in the fifth paragraph, The first sentence, should read "In connection with the Offering, the Company has entered into an agreement with Stifel and SCP Resource Finance LP as co-lead agents and joint [...]

HIGHLIGHTS: C$170 million equity raise launched at C$1.75/share which represents a 1.1% discount to the closing price of July 15, 2024 Zijin to make a strategic investment of C$57.3 million to obtain a 9.9% stake in Montage as part of the equity raise Lundin Family Trusts to invest C$43.0 million to increase its stake from 17.7% to 19.9% as part of [...]

Mining permit award marks final approval required to launch construction and operating activities for the Koné project Agreement on land compensation completed, which demonstrates the support received from local stakeholders Permitted area includes several advanced high grade exploration targets, located near the haulage road, which are being [...]

HIGHLIGHTS: The Koné project hosts significant exploration potential 2,259km2 land package represents one of the largest gold projects by land area in West Africa +150km of mineralized structures have been identified across more than 35 targets within 7 mineralized trends 2024 exploration efforts are being prioritized on delineating higher grade [...]

Montage Gold Corp. is pleased to announce the milestones linked to its 2024 Executive Short-Term Incentive Plan and Long-Term Incentive Plan . Following the Annual General and Special Meeting of Shareholders held in June 2024, the newly formed Compensation Committee designed the incentive programme with the goal of aligning executive compensation [...]