HIGHLIGHTS: Montage to obtain a 19.9% ownership stake in Sanu, through the issuance of 2.3 million basic shares equating to C$5.

5 million Lundin Family co-invests to obtain a 10% stake in Sanu, joining AngloGold Ashanti who obtained a 14.0% stake in Sanu in September 2024 Sanu appoints Martino De Ciccio, CEO of Montage, as Non-Executive Chairman Sanu owns three exploration properties located in Guinea’s highly prospective Siguiri basin Daina property, located contiguous to properties owned by AngloGold Ashanti along the same trend, hosts a high-grade gold discovery which spans over 10km along strike Diguifara property, located near AngloGold Ashanti’s Siguiri gold mine and adjacent to tenements owned by Endeavour Mining, hosts an over 8km long mineralized corridor Bantabaye property, located in proximity to the Nordgold’s Lefa gold mine and Predictive Discovery’s Bankan gold project, hosts a large mineralised system within a highly attractive structural setting Sanu’s equity placement will provide additional funds to supplement the ongoing 10,000-meter drill programme VANCOUVER, British Columbia, Dec. 02, 2024 (GLOBE NEWSWIRE) -- Montage Gold Corp.

(“Montage” or the “Company”) (TSXV: MAU, OTCQX: MAUTF) is pleased to announce that it has entered into a strategic partnership with Sanu Gold Corporation (“Sanu”) (CSE: SANU; OTCQB: SNGCF), given its highly attractive exploration properties in Guinea, obtaining a 19.9% interest in Sanu through the issuance of .