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Highlights
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Montage Gold’s shares will begin trading on the TSX on April 29, 2025, under the same stock symbol.
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The company’s common shares will be voluntarily delisted from the TSXV prior to trading on the TSX.
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The move to the TSX marks a significant milestone for Montage as it advances its Koné gold project in Côte d'Ivoire.
Montage Gold Corp (TSXV:MAU). operates in the TSX Mining Stocks sector, focusing on gold exploration and development. The company has recently announced a major milestone: the graduation of its common shares to the Toronto Stock Exchange (TSX) following approval. This decision aligns with Montage's strategy to enhance its presence and visibility within the market as it progresses with its primary gold project in Côte d'Ivoire.
Graduation to the Toronto Stock Exchange
Montage Gold Corp. has received final approval from the Toronto Stock Exchange for its common shares to begin trading on the TSX as of April 29, 2025. The company’s shares will continue to trade under the current symbol, "MAU." As part of the transition, the shares will be delisted from the TSX Venture Exchange (TSXV) prior to the commencement of trading on the TSX. This change does not require any actions from shareholders, as there will be no alterations to the share certificates, trading symbols, or CUSIP.
Strategic Implications of the TSX Listing
The move to the TSX is a key part of Montage Gold's strategy to become a leading African gold producer. The listing is expected to improve the company's market visibility and liquidity, expand its investor base, and open up possibilities for index inclusion. According to Martino De Ciccio, CEO of Montage, this transition represents a significant step forward in the company's plans to advance the Koné gold project, one of the largest gold projects under construction globally. The Koné project remains on track and within budget, with the first gold pour expected to occur in the second quarter of the year 2027.
Montage’s Flagship Project: The Koné Gold Project
Montage Gold’s flagship project, the Koné gold project, is located in Côte d'Ivoire and is one of the largest ongoing gold projects in the world. Based on an updated feasibility study conducted in 2024, the project is expected to have a mine life of approximately sixteen years. Over the first eight years of operation, the project is expected to produce substantial annual gold output. The project is a critical part of the company’s plans to establish itself as a significant player in the African gold sector, with work progressing steadily toward its target completion date.
Company Overview
Montage Gold Corp. is a Canadian-listed mining company focused on gold exploration and development in Africa. The company’s flagship project, the Koné gold project, has garnered significant attention due to its size and development progress. With a clear focus on achieving production in 2027, Montage Gold continues to work on advancing its key assets while remaining committed to its long-term goals within the mining sector.
Qualified Person's Statement
The technical and scientific information included in this release has been verified and approved by Mr. Peder Olsen, a qualified person under the NI 43-101 standards. Mr. Olsen serves as the President and Chief Development Officer of Montage Gold and is a registered Fellow of the Australasian Institute of Mining and Metallurgy (AusIMM).
