Orca-Avant combination creates new West Africa explorer

A new private mineral exploration company focused on West Africa is to emerge from the combination of Avant Minerals and the Côte d'Ivoire assets of TSX-V-listed Orca Gold.

The new company, Montage Gold, will initially be owned 60% by Orca and 40% by Avant, prior to the completion of a concurrent non-brokered private placement financing of a minimum of C$7-million by third-party investors.