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Montage Gold completes acquisition of African Gold

Montage Gold completes acquisition of African Gold

Photo by Bloomberg

29th April 2026

By: Sabrina Jardim

Senior Online Writer

     

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TSX-listed Montage Gold has successfully completed the acquisition of ASX-listed African Gold.

In a media release, Montage says the transaction adds the high-quality resource-stage Didievi project, in Côte d’Ivoire, to its portfolio and strengthens its footprint in a country where it has established a strong presence through the ongoing development of its Koné project, which remains on-budget and ahead of schedule, with first gold pour targeted for late in the fourth quarter of this year.

Pursuant to the transaction, African Gold has become a wholly-owned subsidiary of Montage.

The company notes that eligible African Gold shareholders have now been issued 0.0628 new Montage shares for each African Gold share.

Edited by Chanel de Bruyn
Creamer Media Online Managing Editor

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