News Image

Montage Gold Enters Into Strategic Partnership with Sanu Gold Given Its Highly Attractive Exploration Properties in Guinea

Provided By GlobeNewswire

Last update: Dec 2, 2024

HIGHLIGHTS:

VANCOUVER, British Columbia, Dec. 02, 2024 (GLOBE NEWSWIRE) -- Montage Gold Corp. (“Montage” or the “Company”) (TSXV: MAU, OTCQX: MAUTF) is pleased to announce that it has entered into a strategic partnership with Sanu Gold Corporation (“Sanu”) (CSE: SANU; OTCQB: SNGCF), given its highly attractive exploration properties in Guinea, obtaining a 19.9% interest in Sanu through the issuance of 2.3 million basic shares of Montage equating to C$5.5 million, joining existing strategic investor AngloGold Ashanti Plc (“AngloGold Ashanti”) who acquired a 14.0% stake in Sanu in September 2024.

Read more at globenewswire.com
Follow ChartMill for more