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To: Goose94 who wrote (106564)	4/30/2021 1:50:29 PM
From: Goose94	Respond to of 202922

Monumental Gold (MGLD-V) Completes IPO Apr 30, '21 - NR Monumental Gold Corp. has completed its initial public offering (IPO) in which it distributed 5.75 million common shares of the company at a price of 20 cents per common share for aggregate gross proceeds of $1.15-million. The company's common shares were listed on April 30, 2021 and are expected to commence trading on the TSX Venture Exchange ("TSXV") on or about May 4, 2021 under the trading symbol "MGLD". Clarus Securities Inc. (the "Agent") acted as exclusive agent in respect of the IPO on a commercially reasonable efforts basis. The IPO consisted of the distribution of 5,000,000 common shares at a price of $0.20 per common share. The Agent also exercised in whole the Agent's option to sell an additional 750,000 common shares at a price of $0.20 per share, for an aggregate total of 5,750,000 common shares subscribed for under the IPO. Pursuant to the IPO, the Agent received a cash commission of 8% of the gross proceeds raised and an aggregate of 460,000 non-transferable common share purchase warrants entitling the Agent to purchase 460,000 common shares at $0.20 per common share at any time until April 30, 2023. The Agent also received a corporate finance fee (comprised of a cash payment and 62,500 common shares at a deemed price of $0.20 per common share). The Company holds an option to acquire a 100% interest in and to eight (8) mineral claims comprising a total of approximately 2,968.83 hectares in the Kamloops and Nicola Mining Divisions and in the Thompson Nicola Regional District, British Columbia (the "Weyman Property"), pursuant to an option agreement with Platinum Belt Resources Inc. dated July 13, 2020, amended February 28, 2021 and April 5, 2021. As a result of the closing of the IPO, the Company now has 20,812,500 Shares issued and outstanding as of the date hereof, of which 3,700,000 Shares are subject to escrow pursuant to National Policy 46-201, released 10% on the IPO closing date with an additional 15% released every six months over a 36-month period. Pursuant to Policy 5.4 of the TSXV, an additional 3,400,000 Shares are subject to escrow on the same basis. Also pursuant to Policy 5.4 of the TSXV and a voluntary pooling agreement, 7,900,000 Shares are subject to voluntary resale restrictions, to be released 20% on the closing of the IPO with an additional 20% released every four months thereafter over a sixteen-month period. Further, 3,700,000 Shares are subject to lock up agreements to not otherwise sell or transfer such Shares for a period of 90 days after the closing of the IPO without consent of the Agent. Additional information on the Company, the IPO and the Weyman Property, can be found in the Company's final long form prospectus dated January 29, 2021 as filed on SEDAR at www.sedar.com. About Monumental Gold Corp. Monumental Gold Corp. is a mineral exploration company focused on the acquisition, exploration and development of mineral resource properties. The Company has an option to acquire a 100% interest and title to the Weyman Property located in the Kamloops and Nicola Mining Divisions and in the Thompson Nicola Regional District, British Columbia. Monumental Gold Corp. 605 –815 Hornby Street Vancouver, BC, V6Z 2E6 Attention: Chief Financial Officer Ph: 604-808-2865 E-mail: rcheung@mcpa.ca