The TSX Venture Exchange has accepted for filing documentation pertaining to a non-arm's-length investment agreement between Montage Gold Corp. and Sanu Gold Corp. Pursuant to the agreement, the company has exercised its participation right (forming part of an existing investor rights agreement) to maintain its equity interest in Sanu, by acquiring an additional 7,664,294 common shares of Sanu, resulting in a 19.5-per-cent ownership in Sanu.

As consideration for the acquisition, the company issued 848,222 common shares to Sanu.

For further details, please refer to the company's news release dated April 14, 2025.