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VANCOUVER, British Columbia, April 28, 2025 (GLOBE NEWSWIRE) — Montage Gold Corp. (“Montage” or the “Company”) (TSXV: MAU, OTCQX: MAUTF) is pleased to announce that it has received final approval from the Toronto Stock Exchange (“TSX”) for the listing of its common shares (the “Common Shares”) on the TSX. The Common Shares will begin trading on the TSX at market open on April 29, 2025, and will continue to trade under its current stock symbol “MAU”.
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In conjunction with the listing on the TSX, Montage’s Common Shares will be voluntarily delisted from the TSXV, effective prior to the commencement of trading on the TSX. Shareholders are not required to exchange their share certificates or take any other action in connection with the graduation as there will be no change in the trading symbol or CUSIP for the Common Shares.
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Martino De Ciccio, CEO of Montage, commented: “Graduating to the TSX represents a significant milestone towards executing our strategy of becoming a premier African gold producer as it is expected to enhance visibility, broaden our investor base, increase liquidity, and provide potential index inclusion. This milestone reflects the rapid progress made to advance our flagship Koné gold project in Côte d’Ivoire, which is one of the largest gold projects currently under construction globally, and remains on budget and well on track for first gold pour in Q2-2027.”
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Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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ABOUT MONTAGE GOLD
Montage Gold Corp. (TSXV: MAU) is a Canadian-listed company focused on becoming a premier multi-asset African gold producer, with its flagship Koné project, located in Côte d’Ivoire, at the forefront. Based on the Updated Feasibility Study published in 2024 (the “UFS”), the Koné project has an estimated 16-year mine life and sizeable annual production of +300koz of gold over the first 8 years and is expected to enter production in Q2-2027.
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QUALIFIED PERSONS STATEMENT
The scientific and technical contents of this press release have been verified and approved by Mr. Peder Olsen, a Qualified Person pursuant to NI 43-101. Mr. Olsen, President and Chief Development Officer of Montage, is a registered Fellow of the Australasian Institute of Mining and Metallurgy (AusIMM).
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CONTACT INFORMATION
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| For Investor Relations Inquiries: Jake Cain Strategy & Investor Relations Manager [email protected] +44-7788-687-567 | For Media Inquiries: John Vincic Oakstrom Advisors [email protected] +1-647-402-6375 | For Regulatory Inquiries: Kathy Love Corporate Secretary [email protected] +1-604-512-2959 |
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FORWARD-LOOKING STATEMENTS
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This press release contains certain forward-looking information and forward-looking statements within the meaning of Canadian securities legislation (collectively, “Forward-looking Statements”). All statements, other than statements of historical fact, constitute Forward-looking Statements. Words such as “will”, “intends”, “proposed” and “expects” or similar expressions are intended to identify Forward-looking Statements. Forward-looking Statements in this press release include statements related to the listing of the Company on the TSX, the effect of listing on the TSX, Company’s objectives of achieving production in the second quarter of 2027; the Company’s strategy or creating a premier gold producer; the Company’s mineral reserve and resource estimates; the timing and amount of future production from the Koné Gold Project; anticipated mining and processing methods of the Koné Gold Project; anticipated mine life of the Koné Gold Project.
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