Montage Gold Corp. (TSE:MAU) has released an update.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Montage Gold Corp. has secured an impressive US$825 million financing package from strategic partners Wheaton Precious Metals and Zijin Mining for the development of its Koné project in Côte d’Ivoire. This funding boosts Montage’s total liquidity to nearly US$970 million, positioning it well for the construction of a major low-cost gold mine in West Africa. The deal provides Montage with significant financial flexibility and minimizes equity dilution.
For further insights into TSE:MAU stock, check out TipRanks’ Stock Analysis page.
Trending Articles:
- Bank of America Puts New Street-High Price Target on Dollar General (NYSE:DG) Stock
- “Beyond What we Originally Expected”: Booz Allen Stock (NYSE:BAH) Plummets as Near-Decimation of Workforce Planned
- ‘Early Stages of a Recession’: Canada Hits the Skids as iShares S&P / TSX 60 Index ETF Stock (TSE:XIU) Slips
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue