Montage Gold Corp. Announces Full Exercise of Underwriters’ Over-Allotment Option
October 30, 2020
Vancouver, British Columbia – October 30, 2020 – Montage Gold Corp. (“Montage” or the “Company”) today announced that in connection with its previously announced upsized initial public offering (the “Offering”) of an aggregate of 27,272,728 common shares (the “Shares”) at a price of $1.10 per Share (the “Offering Price”) for total gross proceeds of $30,000,001, which closed on October 23, 2020, the underwriters have fully-exercised their over-allotment option to acquire an additional 4,090,909 Shares at the Offering Price resulting in additional aggregate gross proceeds of approximately $4,500,000.
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