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Montage GOLD Announces Voting Results of Annual Meeting

Shareholder Meetings

Press

Release

montagegold.com

MONTAGE GOLD ANNOUNCES VOTING RESULTS OF ANNUAL MEETING

Vancouver, Canada — June 5, 2025 — Montage Gold Corp. (“Montage” or the “Company”) (TSX: MAU, OTCQX: MAUTF) is

pleased to report th at all resolutions at today’s Annual and Special General Meeting of Shareholders (“Annual Meeting”) were

duly passed by shareholders.

A total of 208,377,611 common shares were voted at the meeting, representing 58.85% of the votes attached to all the

outstanding common shares. Shareholders voted in favour of each of the items of business at the Annual Meeting as follows:

VOTES

FOR

%

FOR

VOTES

WITHHELD

%

WITHHELD

1. Appointment of Auditor 208,377,596 100.00% 15 0.00 %

2. Election of Directors

Richard P. Clark 187,309,549 89.89% 21,068,062 10.11%

David Field 207,377,611 99.52% 1,000,000 0.48%

Alessandro Bitelli 208,372,111 100.00% 5,500 0.00%

Anu Dhir 207,022,761 99.35% 1,354,850 0.65%

Ron Hochstein 201,162,461 96.54% 7,215,150 3.46%

Martino De Ciccio 208,372,111 100.00% 5,500 0.00%

3. Approval of Omnibus Equity Incentive Plan 191,541,747 91.92% 16,835,864 8.08%

Detailed voting results for the 2025 Annual Meeting are available on the Company’s profile on SEDAR+.

TSX MAU OTCQX MAUTF

montagegold.com 2

ABOUT MONTAGE GOLD

Montage Gold Corp. (TSX: 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 Silvia Bottero, BSc, MSc, a Qualified

Person pursuant to NI 43 -101. Mrs. Bottero, EVP Exploration of Montage, is a registered Professional Natural Scientist with the

South African Council for Natural Scientific Professions (SACNASP), a member of the Geological Society of South Africa and a

Member of AusIMM.

CONTACT INFORMATION

For Investor Relations Inquiries:

Jake Cain

Strategy & Investor Relations Manager

[email protected]

+44-7788-687-567

For Media Inquiries:

John Vincic

Oakstrom Advisors

[email protected]

+1-647-402-6375

For Regulatory Inquiries:

Kathy Love

Corporate Secretary

[email protected]

+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 Com pany’s objectives of achieving first gold pour in the second quarter of 2027; 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

the Company's expectations include uncertainties inherent in the preparation of mineral reserve and resource estimates and

definitive feasibility studie s such as the Mineral Reserve Estimate and the UFS, and in delineating new mineral reserve and

resource estimates, including but not limited to, assumptions underlying the production estimates not being realized, incorre ct

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, equipme nt 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 co ncessions, 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 Company’s 202 4 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 differ materially

from those contained in any Forward -looking Statement. Any Forward -looking Statements contained in this press releas e are

expressly qualified in their entirety by this cautionary statement.