Montage GOLD Announces Graduation to the Toronto Stock Exchange
Press
Release
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MONTAGE GOLD ANNOUNCES GRADUATION TO THE
TORONTO STOCK EXCHANGE
Vancouver, Canada — April 28, 2025 — Montage Gold Corp. (“Montage” or the “Company”) (TSXV: MAU, OTCQX: MAUTF) is
pleased to announce that it has received final approval from the Toronto Stock Exchange (" TSX") for the listing of its common
shares (the "Common Shares") on the TSX. The Common Shares will begin trading on the TSX at market open on April 29, 2025,
and will continue to trade under its current stock symbol “MAU”.
In conjunction with the listing on the TSX, Montage’s Common Shares will be voluntarily delisted from the TSXV, effective prior
to the commencement of trading on the TSX. Shareholders are not required to exchange their share certificates or take any other
action in connection with the graduation as there will be no change in the trading symbol or CUSIP for the Common Shares.
Martino De Ciccio, CEO of Montage, commented: “ Graduating to the TSX represents a significant milestone towards executing
our strategy of becoming a premier African gold producer as it is expected to enhance visibility, broaden our investor base,
increase liquidity, and provide potential index inclusion. This milestone reflects the rapid progress made to advance our flagship
Koné gold project in Côte d’Ivoire , which is one of the largest gold projects currently under construction globally , and remains
on budget and well on track for first gold pour in Q2-2027.”
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of this release.
ABOUT MONTAGE GOLD
Montage Gold Corp. (TSXV: MAU) is a Canadian -listed company focused on becoming a premier multi -asset African gold
producer, with its flagship Koné project, located in Côte d’Ivoire, at the forefront. Based on the Updated Feasibility Study
published in 2024 (the “UFS”), the Koné project has an estimated 16 -year mine life and sizeable annual production of +300koz
of gold over the first 8 years and is expected to enter production in Q2 -2027.
QUALIFIED PERSONS STATEMENT
The scientific and technical contents of this press release have been verified and approved by Mr. Peder Olsen, a Qualified Person
pursuant to NI 43-101. Mr. Olsen, President and Chief Development Officer of Montage, is a registered Fellow of the Australasian
Institute of Mining and Metallurgy (AusIMM).
CONTACT INFORMATION
For Investor Relations Inquiries:
Jake Cain
Strategy & Investor Relations Manager
+44-7788-687-567
For Media Inquiries:
John Vincic
Oakstrom Advisors
+1-647-402-6375
For Regulatory Inquiries:
Kathy Love
Corporate Secretary
+1-604-512-2959
FORWARD-LOOKING STATEMENTS
This press release contains certain forward-looking information and forward-looking statements within the meaning of Canadian
securities legislation (collectively, “Forward -looking Statements”). All statements, other than statements of historical fact,
constitute Forward-looking Statements. Words such as “will”, “intends”, “proposed” and “expects” or similar expressions are
intended to identify Forward -looking Statements. Forward -looking Statements in this press release include statements related
to the listing of the Company on the TSX, the effect of listing on the TSX, Company’s objectives of achieving production in the
TSX.V MAU OTCQX MAUTF
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second quarter of 2027; the Company’s strategy or creating a premier gold producer ; the Company’s mineral reserve and
resource estimates; the timing and amount of future production from the Koné Gold Project; anticipated mining and processing
methods of the Koné Gold Project; anticipated mine life of the Koné Gold Project.
Forward-looking Statements involve various risks and uncertainties and are based on certain factors and assumptions. There is
no assurance that any economic satellite deposits will be discovered, and if discovered ever developed or mined. There can be
no assurance that any Forward -looking Statements will prove to be accurate, and actual results and future events could differ
materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from
include uncertainties inherent in the preparation of mineral reserve and resource estimates and definitive feasibility studies, and
in delineating new mineral reserve and resource estimates, including but not limited to, assumptions underlying the productio n
estimates not being realized, incorrect cost assumptions, unexpected variations in quantity of mineralized material, grade or
recovery rates being lower than expected, unexpected adverse changes to geotechnical or hydrogeological considerations, or
expectations in that regard not being met, unexpected failures of plant, equipment or processes (including construction
equipment), delays in or increased costs for the delivery of construction equipment and services, unexpected changes to
availability of power or the power rates, failure to maintain permits and licenses, higher than expected interest or tax rates,
adverse changes in project parameters, unanticipated delays and costs of consulting and accommodating rights of local
communities, environmental risks inherent in the Côte d’Ivoire, title risks, including failure to renew concessions, unanticipated
commodity price and exchange rate fluctuations, delays in or failure to receive access agreements or amended permits, and
other risk factors set forth in the Compa ny’s Annual Information form available at www.sedarplus.ca, under the heading “Risk
Factors”. The Company undertakes no obligation to update or revise any Forward -looking Statements, whether as a result of
new information, future events or otherwise, except as may be required by law. New factors emerge from time to time, and it is
not possible for Montage to predict all of them, or assess the impact of each such factor or the extent to which any factor, or
combination of factors, may cause results to diffe r materially from those contained in any Forward -looking Statement. Any
Forward-looking Statements contained in this press release are expressly qualified in their entirety by this cautionary statement.