Montage Gold Corp. has closed a strategic investment in Aurum Resources Limited, acquiring 32,887,521 fully paid ordinary shares of Aurum in a share exchange transaction. This investment gives Montage a 9.9% interest in Aurum, co-investing with the Lundin Family and Zhaojin Mining. Aurum plans to use the proceeds to accelerate drilling at the Boundiali gold project and exploration at the Napié gold project in Côte d’Ivoire. Montage focuses on becoming a top African gold producer with its Koné project, expected to start production in Q2-2027. The scientific and technical content of this announcement has been verified by Mr. Peder Olsen, a Qualified Person.
Read more at GlobeNewswire: Montage Gold Closes Strategic Investment in Aurum