• Aurum sells 2,887,496 Montage shares at an average price of C$7.30 per share, realizing a 102% gain
• Proceeds of ~A$22.98 million boost Aurum's cash balance to over A$40 million
• Funds will advance exploration at Boundiali and Napié Gold Projects in Côte d'Ivoire

Aurum Resources (ASX: AUE) has announced the completion of the sale of 2,887,496 ordinary shares in Montage Gold (TSX: MAU) at an average price of C$7.30 per share. The gross proceeds of approximately C$21.08 million (~A$22.98 million) will be received by Aurum. These Montage shares were originally issued to Aurum at C$3.61 per share as part of Montage's 9.9% strategic investment that was announced on 7 May 2025. The sale has realized a 102% gain relative to the reference price, reflecting Montage's excellent delivery at its projects in Côte d'Ivoire, supportive gold fundamentals, and clear market confidence in Côte d'Ivoire's gold sector. With approximately A$40 million in cash, Aurum Resources remains well funded to advance its Boundiali and Napié Gold Projects in Côte d'Ivoire. The company plans to use the proceeds to rapidly advance exploration at Boundiali and Napié, with resource updates expected for both early next year, and a Pre-Feasibility Study for Boundiali also set for completion.

Aurum is in an excellent position to deliver substantial shareholder value as it closes out 2025 and moves into 2026, with a strong cash balance of over A$40 million, a clear development pathway with the Boundiali PFS underway, and major resource updates at both gold projects pending.