Brief: Montage Enters Into Agreement With Barrick And Endeavour To Expand Koné Gold Project

Montage Gold

08/06/2022 13:14

June 8 (Reuters) - Montage Gold Corp  MAU.V :
    * MONTAGE ENTERS INTO AGREEMENT WITH BARRICK AND ENDEAVOUR
TO
EXPAND KONÉ GOLD PROJECT AND ARRANGES $20 MILLION BOUGHT DEAL
FINANCING
    * MONTAGE GOLD CORP - WILL ACQUIRE A 100% INTEREST IN
MANKONO-SISSÉDOUGOU JOINT VENTURE PROJECT
    * MONTAGE GOLD CORP - WILL ACQUIRE 100% OF ISSUED AND
OUTSTANDING
SHARES OF MANKONO EXPLORATION FOR TOTAL CONSIDERATION OF C$30
MILLION
    * MONTAGE GOLD CORP - BARRICK AND ENDEAVOUR TO OWN 9.93% AND
4.26%
OF MONTAGE, RESPECTIVELY, POST-CLOSING
    * MONTAGE GOLD CORP - TRANSACTION CASH CONSIDERATION TO BE
FUNDED
VIA C$20 MILLION BOUGHT DEAL PRIVATE PLACEMENT OF SUBSCRIPTION
RECEIPTS

Source text for Eikon:  ID:nCNWhfwrfa 
Further company coverage:  MAU.V 

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