MONTAGE GOLD EXPANDS LEADERSHIP TEAM AND ANNOUNCES C$20 MILLION NON-BROKERED FINANCING BACKED BY LUNDIN TRUSTS

February 22, 2024

ABIDJAN, Cote d’Ivoire, Feb. 22, 2024 /PRNewswire/ – Montage Gold Corp. (“Montage” or the “Company”) (TSXV: MAU) (OTCQX: MAUTF) is pleased to announce the expansion of its leadership team along with a C$20 million non-brokered financing, including a strategic investment by the Lundin Family Trusts to increase their stake to 19.9%, as the Company embarks on its strategy of creating a leading multi-asset gold producer focused on Africa.

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