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MONTAGE GOLD CORP - $MAUTF STOCK NEWS

Welcome to our dedicated page for MONTAGE GOLD news (Ticker: $MAUTF), a resource for investors and traders seeking the latest updates and insights on MONTAGE GOLD stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect MONTAGE GOLD's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

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Rhea-AI Summary
Montage Gold Corp. appoints Constant Tia as the new Chief Financial Officer, bringing in 18 years of mining industry experience with a focus on finance and major capital projects in West Africa. Tia's background at Kinross Gold and expertise in establishing finance functions will be crucial for Montage's growth and the Koné project. The company aims to become a premier African gold producer with a strong local presence in Côte d'Ivoire.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.82%
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management
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Rhea-AI Summary
Montage Gold Corp. appoints Silvia Bottero as Executive Vice President of Exploration, enhancing its leadership team with her proven track record in discovering significant gold resources in Côte d'Ivoire. Bottero's extensive experience in Africa and strong stakeholder relationships will be crucial for Montage's strategic objectives of enhancing the Koné project and building a greenfield exploration portfolio across Africa.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.33%
Tags
management
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Rhea-AI Summary
Montage Gold Corp. closes non-brokered private placement, raising approximately C$35.2 million for the Koné project and nearby exploration. Lundin Family and insiders heavily involved in the Offering.
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Rhea-AI Summary
Montage Gold Corp. increases non-brokered private placement financing to 50,000,000 common shares at C$0.70 per share, raising C$35 million for exploration and development.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
12%
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none
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Rhea-AI Summary
Montage Gold Corp. announces key leadership appointments and a strategic financing plan to advance the Koné Gold Project in Côte d'Ivoire. Martino De Ciccio appointed as CEO, Peder Olsen as Chief Development Officer, and Ron Hochstein to the Board. The company launches a C$20 million financing at a premium price of C$0.70/share, with a strategic investment by the Lundin Group. The funds will be utilized for project development and exploration activities.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
12%
Tags
management
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News
Rhea-AI Summary
Montage Gold Inc. announces the grant of 4,605,000 incentive stock options and 193,615 Restricted Share Units to certain officers, directors, and eligible persons. The options are exercisable over three years at $0.72 per share, and the RSUs are granted in accordance with the Company's Restricted Share Unit Plan.
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Rhea-AI Summary
Montage Gold Corp. announces the results of the Updated Definitive Feasibility Study for the Koné Gold Project in Côte d'Ivoire, including significant reserves and production, strong financial metrics, and the impact of new satellite deposits. The study demonstrates the economic viability of the project with an after-tax NPV of $1.1B and 31% IRR at a base case $1,850/oz gold price.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.42%
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none
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Rhea-AI Summary
Montage Gold Corp. (TSXV: MAU) (OTCQX: MAUTF) provides an update on exploration and development activities at the Koné Gold Project (KGP) and a corporate update regarding executive transition in the Chief Financial Officer role. The company is nearing completion of the Environmental & Social Impact Assessment for the KGP, expected to be submitted in December 2023. Additionally, Montage is in the late stages of the updated definitive feasibility study for the KGP and expects to release results in January 2024. Initial discussions in respect of financing for the development of the KGP are ongoing, and the company is encouraged by the early interest Montage is receiving. Exploration at the KGP is ongoing, focusing on high-priority targets, including at Yeré North and Diouma North. The company also discloses the appointment of Mr. Glenn Kondo, CFO of Montage, to the role CFO of Lucara Diamond Corp. until the end of Q1 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.96%
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none
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Rhea-AI Summary
Montage Gold Corp. reports updated Mineral Resource Estimate for Koné Gold Project in Côte d'Ivoire. Indicated Mineral Resource at Gbongogo Main increases by 10% to 12.0Mt grading 1.45g/t for 559koz. Positive impact expected on production profile and economics. Total combined Indicated Mineral Resources at Koné Gold Project reach 4.83Moz. Feasibility-level metallurgical testing returns positive results. Mike Robinson joins as Côte d'Ivoire Country Manager with extensive mining operations experience. Construction decision for KGP on track.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.13%
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.99%
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MONTAGE GOLD CORP

OTC:MAUTF

MAUTF Rankings

MAUTF Stock Data

225.89M
75.84M
45.96%
4.85%
Gold Ore Mining
Mining, Quarrying, and Oil and Gas Extraction
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United States of America
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