Montage Gold Corp. (TSXV:MAU) entered into an agreement to acquire Mankono-Sissédougou Joint Venture Project from Barrick Gold Corporation (TSX:ABX) and Endeavour Mining plc (TSX:EDV) for CAD 30 million on June 8, 2022. Under the agreement, Montage Gold Corp. shall pay CAD 14.5 million in cash along with 22.14 million shares. The cash portion of the consideration will be financed through proceeds from subscription receipts of CAD 20 million. Closing of the Transaction is subject to, among other things, the granting by the government of Côte d'Ivoire (Ivory Coast) of the Gbongogo Exploration Permit which is currently an exploration permit application which has been submitted by a subsidiary of Mankono Exploration Limited. The TSX Venture Exchange has accepted for filing documentation on August 2, 2022. Closing of the Transaction is expected to occur within six months of this announcement of transaction. As on September 6, 2022 Mankono exploration permits approved by Government of CDI and Montage expects to close the Transaction in the coming weeks. initial 25,000m of drilling planned and Drill rig mobilization by end of September and 65km strike length of soil anomalism. Richard Fridman; Robin Upshall; Christopher Anderson and Ian Caines of Davies Ward Phillips & Vineberg LLP acted as legal advisor to Barrick Gold Corporation.

Montage Gold Corp. (TSXV:MAU) completed the acquisition of Mankono-Sissédougou Joint Venture Project from Barrick Gold Corporation (TSX:ABX) and Endeavour Mining plc (TSX:EDV) on November 22, 2022.