Montage Gold Announces Close and Drawdown of US$75M Fully Redeemable Subordinated Gold Stream with Zijin
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Montage Gold Corp. has successfully closed and drawn a US$75 million fully redeemable subordinated gold stream with Zijin Mining Group. This financial arrangement is expected to support Montage's operations and growth.
December 27, 2024 | 4:45 pm
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Montage Gold Corp. has secured a US$75 million gold stream with Zijin Mining, enhancing its financial resources and potentially supporting future growth and operations.
The US$75 million gold stream provides Montage Gold with significant financial resources, which can be used to support its operations and growth. This positive financial development is likely to have a favorable impact on the company's stock price in the short term.
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