Announced financings: Feb. 22, 2024

Here's your roundup of yesterday's announced financings, courtesy of PrivatePlacements.com, the only platform that posts every Canadian financing, every day.

1. Montage Gold Corp. (TSX-V: MAU)

• Gross Proceeds: $35 million
• Sector: Precious metals
• Units issued: 50 million
• Type: Common shares
• Price: $0.70
• Warrants: None
• Agents: Non-brokered
• Use of Proceeds: Ongoing exploration

Company breakdown:

• Gold junior with projects in Côte d'Ivoire
• Its Kone project hosts a probable mineral reserve of 174.3 million tonnes grading 0.72 g/t Au for 4.01 million ounces total
• With the original announcement of the above financing, the company appointed a new CEO, Martino De Ciccio