Announced financings: Feb. 22, 2024

February 23, 2024 04:31 PM PST

Here's your roundup of yesterday's announced financings, courtesy of, the only platform that posts every Canadian financing, every day.

1. Montage Gold Corp. (TSX-V: MAU)

  • Gross Proceeds: $35 million
  • Sector: Precious metals
  • Units issued: 50 million
  • Type: Common shares
  • Price: $0.70
  • Warrants: None
  • Agents: Non-brokered
  • Use of Proceeds: Ongoing exploration

Company breakdown:

  • Gold junior with projects in Côte d'Ivoire
  • Its Kone project hosts a probable mineral reserve of 174.3 million tonnes grading 0.72 g/t Au for 4.01 million ounces total
  • With the original announcement of the above financing, the company appointed a new CEO, Martino De Ciccio

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