TorontoVE:MAU

MONTAGE GOLD RECEIVES ENVIRONMENTAL PERMIT

Retrieved on: 
Thursday, May 9, 2024

Montage receives Ministerial Order from the Ministry of Environment, Sustainable Development and Ecological Transition of Côte d'Ivoire granting the environmental permit for the development of its Koné project

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  • Montage receives Ministerial Order from the Ministry of Environment, Sustainable Development and Ecological Transition of Côte d'Ivoire granting the environmental permit for the development of its Koné project
    President Alassane Ouattara of the Republic of Côte d'Ivoire expressed his strong support for the development of the Koné project in a press conference held on May 2, 2024
    ABIDJAN, Côte d'Ivoire, May 9, 2024 /PRNewswire/ - Montage Gold Corp. ("Montage" or the "Company") (TSXV: MAU) (OTCQX: MAUTF) is pleased to announce that it has received a signed Ministerial Order from the Ministry of the Environment, Sustainable Development and Ecological Transition of Côte d'Ivoire (the "MoE") granting the environmental approvals necessary for the development of its Koné project (the "Environmental Permit").
  • In addition, Montage has submitted the mining permit applications for the Koné project and anticipates receiving all necessary approvals during H2-2024.
  • ANDE is the environmental division of the MoE and is responsible for monitoring the compliance of projects and activities with environmental standards.
  • With the Environmental Permit received, Montage has lodged its mining permit applications ("MPA") with the Direction Générale des Mines et de la Géologie ("DGMG") and expects to receive all necessary permits and approvals for the construction of the Koné project during H2-2024.

MONTAGE GOLD ANNOUNCES APPOINTMENT OF CONSTANT TIA AS CHIEF FINANCIAL OFFICER

Retrieved on: 
Monday, March 25, 2024

In order to ensure a smooth transition, Glenn has agreed to support Constant over the next few months.

Key Points: 
  • In order to ensure a smooth transition, Glenn has agreed to support Constant over the next few months.
  • Prior to joining Montage, Constant held the position of regional Chief Financial Officer for Kinross Gold Corporation, responsible for overseeing the Africa and Chile regions, and previously also the Russian region.
  • Martino De Ciccio, CEO of Montage, commented, "Following the recent appointments of Peder Olsen as Chief Development Officer and Silvia Bottero as Executive Vice President of Exploration, we're thrilled to complete Montage's senior executive team by welcoming Constant as Chief Financial Officer.
  • Constant Tia, incoming Chief Financial Officer of Montage, commented: "I am thrilled to join Montage at such an exciting time as it embarks to create a premier African gold producer, with the high quality Koné project at the forefront.

MONTAGE GOLD ANNOUNCES APPOINTMENT OF SILVIA BOTTERO AS EXECUTIVE VICE PRESIDENT OF EXPLORATION

Retrieved on: 
Monday, March 18, 2024

Silvia Bottero is an accomplished business-minded geologist, with a proven track record of making high quality brownfield and greenfield discoveries with the goal of quickly attaining reserve status.

Key Points: 
  • Silvia Bottero is an accomplished business-minded geologist, with a proven track record of making high quality brownfield and greenfield discoveries with the goal of quickly attaining reserve status.
  • She most recently held the position of Senior Vice President of Exploration at Endeavour Mining, overseeing all its African exploration activities.
  • Silvia Bottero, incoming Executive Vice President of Exploration, commented: "I am thrilled to join Montage at this exciting stage in the company's growth.
  • I am equally excited with the opportunity to build a greenfield development pipeline in Africa with the goal of sourcing our next project through our exploration success."

MONTAGE GOLD UPSIZES NON-BROKERED FINANCING TO C$35 MILLION

Retrieved on: 
Friday, February 23, 2024

ABIDJAN, Cote d'Ivoire, Feb. 23, 2024 /PRNewswire/ - Montage Gold Corp. ("Montage" or the "Company") (TSXV: MAU) (OTCQX: MAUTF) is pleased to announce that the non-brokered private placement financing announced on February 22, 2024 has been increased to 50,000,000 common shares of the Company (the "Common Shares") at a price of C$0.70 per Common Share for gross proceeds of C$35 million (the "Offering").

Key Points: 
  • ABIDJAN, Cote d'Ivoire, Feb. 23, 2024 /PRNewswire/ - Montage Gold Corp. ("Montage" or the "Company") (TSXV: MAU) (OTCQX: MAUTF) is pleased to announce that the non-brokered private placement financing announced on February 22, 2024 has been increased to 50,000,000 common shares of the Company (the "Common Shares") at a price of C$0.70 per Common Share for gross proceeds of C$35 million (the "Offering").
  • The net proceeds of the Offering will be used for exploration and development expenditures at the Company's Koné Gold Project and for working capital and general corporate purposes.
  • The Common Shares issued pursuant to the Offering are subject to a four-month hold period under applicable Canadian securities laws commencing on the closing date of the Offering.
  • Neither TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

MONTAGE GOLD EXPANDS LEADERSHIP TEAM AND ANNOUNCES C$20 MILLION NON-BROKERED FINANCING BACKED BY LUNDIN TRUSTS

Retrieved on: 
Thursday, February 22, 2024

Ron will provide significant oversight and leadership by leveraging his most recent experience in the financing, development, and construction of the Fruta del Norte gold project for Lundin Gold.

Key Points: 
  • Ron will provide significant oversight and leadership by leveraging his most recent experience in the financing, development, and construction of the Fruta del Norte gold project for Lundin Gold.
  • I would like to recognize the achievements of Montage, going back to 2008, with the discovery of the Koné deposit by Hugh Stuart.
  • The dedication of the team has resulted in Koné becoming a large-scale robust project providing a foundation upon which to build a major gold company."
  • I look forward to supporting management as we embark to create a leading multi-asset African gold producer."

Montage Gold Inc. Issues Stock Options

Retrieved on: 
Friday, February 2, 2024

VANCOUVER, BC, Feb. 2, 2024 /PRNewswire/ - Montage Gold Inc. ("Montage" or the "Company") (TSXV: MAU) (OTCQX: MAUTF) announces that it has granted an aggregate 4,605,000 incentive stock options to certain officers, directors and other eligible persons of the Company.

Key Points: 
  • VANCOUVER, BC, Feb. 2, 2024 /PRNewswire/ - Montage Gold Inc. ("Montage" or the "Company") (TSXV: MAU) (OTCQX: MAUTF) announces that it has granted an aggregate 4,605,000 incentive stock options to certain officers, directors and other eligible persons of the Company.
  • The options are exercisable, subject to vesting provisions, over a period of three years at a price of $0.72 per share.
  • The Company has also granted a total of 193,615 Restricted Share Units ("RSUs") to executives and senior management.
  • The RSUs are granted in accordance with the Company's Restricted Share Unit Plan.

Montage Announces Updated Feasibility Study at Koné Gold Project

Retrieved on: 
Tuesday, January 16, 2024

VANCOUVER, BC, Jan. 16, 2024 /PRNewswire/ -- Montage Gold Corp. ("Montage" or the "Company") (TSXV: MAU) (OTCPK: MAUTF) is pleased to announce the results of the Updated Definitive Feasibility Study (the "UFS" or the "Study") for the Koné Gold Project ("Koné Gold Project", "Project", or "KGP") located in Côte d'Ivoire, which now incorporates ore from the Gbongogo Main satellite deposit. The UFS was prepared by Lycopodium Minerals Pty Ltd. in accordance with Canadian Securities Administrators' National Instrument 43-101 Standards of Disclosure for Mineral Projects ("NI 43-101"). Please note that all financial figures in this press release are in United States dollars, unless otherwise noted.

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Montage Provides Project and Corporate Updates

Retrieved on: 
Wednesday, November 29, 2023

VANCOUVER, BC, Nov. 28, 2023 /PRNewswire/ - Montage Gold Corp. ("Montage" or the "Company") (TSXV: MAU) (OTCQX: MAUTF) is pleased to provide an update on exploration and development activities at the Koné Gold Project ("KGP"), along with a corporate update regarding executive transition in the Chief Financial Officer role.

Key Points: 
  • VANCOUVER, BC, Nov. 28, 2023 /PRNewswire/ - Montage Gold Corp. ("Montage" or the "Company") (TSXV: MAU) (OTCQX: MAUTF) is pleased to provide an update on exploration and development activities at the Koné Gold Project ("KGP"), along with a corporate update regarding executive transition in the Chief Financial Officer role.
  • Montage expects to complete this process and receive environmental approvals in Q1 2024.
  • Upon the release of the DFS in January a formal project financing process will be initiated.
  • The near-term submission of the ESIA is a key milestone for the project and positions Montage to make a development decision in early 2024.

Montage Successfully Upgrades Mineral Resources at Gbongogo Main; Total Indicated Mineral Resources at Koné Gold Project Approach 5 Million Ounces

Retrieved on: 
Thursday, September 7, 2023

In his role with Montage, Mr. Robinson will reside in Abidjan and oversee all aspects relating to the operations of the Company in Côte d'Ivoire.

Key Points: 
  • In his role with Montage, Mr. Robinson will reside in Abidjan and oversee all aspects relating to the operations of the Company in Côte d'Ivoire.
  • Baseline data collection and analysis has been completed for the inclusion of Gbongogo Main and the Company anticipates submitting the ESIA in October 2023.
  • Significant progress has been made towards the completion of an updated DFS that incorporates Gbongogo Main into the mine plan for the KGP.
  • Montage's priority is to optimize the project by taking advantage of the higher-grade material at Gbongogo Main early in the project life to enhance overall project economics and to optimize capital payback.

Montage Intersects Higher-Grade Mineralization at Gbongogo Main and Confirms High Grade Potential at Yeré North

Retrieved on: 
Thursday, May 11, 2023

Rick Clark, Montage CEO commented, "New results from Gbongogo Main, the best drilled by Montage to date, strongly support management's view of expanded resource potential and the possibility of an overall higher grade to the ore body.

Key Points: 
  • Rick Clark, Montage CEO commented, "New results from Gbongogo Main, the best drilled by Montage to date, strongly support management's view of expanded resource potential and the possibility of an overall higher grade to the ore body.
  • "We are also very encouraged by the confirmation and expansion of high-grade results at the Yeré North prospect.
  • While Yeré North remains early stage, it is showing the potential to develop into an additional satellite deposit for the overall Koné Gold Project.
  • The discovery of Yeré North clearly demonstrates the underexplored nature of our land package and gives us confidence that other high-grade satellites will be discovered."