Montana Gold Launches Financing with Toronto Investment Banker; Secures Drilling Permit for Nevada Project; Retains US Based Investor Relations

Oct 20, 2014

London, Ontario – Montana Gold Mining Company Inc. (“MGM” or the “Company”) (CSE Symbol: MGM) has launched a first stage financing initiative of $500,000 through Toronto based investment banking firm Optimize Capital Markets. The Company has also secured a drilling permit for the Golden Trail Project in Nevada, and has retained Atlanta Capital Partners LLC to provide investor relations services.

Optimize Capital Markets is a leader in the institutional investor crowd funding space and has recently introduced the Company to the OCMX portal (www.theocmx.com) for the purposes of raising a first stage financing of $500,000. The financing will consist of units priced at $0.05 each, with each unit comprising one common share and one common share purchase warrant exercisable for three years at $0.10. The proposed financing is on a best efforts basis with subsequent financing stages planned up to $3 million. The purpose of the financing is to enable exploration of the Company’s Golden Trail Project in Nevada as well as to provide working capital. A video prepared by Optimize Capital Markets featuring MGM and the Golden Trail is available on the Company’s homepage at www.montanagoldmining.com or at www.theocmx.com.

The Company has received a notice from the US Bureau of Land Management that will permit the proposed diamond drilling program at the Golden Trail Project in Nevada, subject to various reasonable conditions respecting disturbances, wildlife and the environment. The financial guarantee required is a total of $26,156 of which $15,271 has already been paid.

The Company has retained Atlanta Capital Partners, LLC to provide investor relations services. Atlanta Capital Partners, LLC helps public companies, private companies and venture capital firms communicate with Wall Street, investors and the media. An option to purchase up to 100,000 common shares at $0.05 each for one year will be granted as part of this agreement.

About the Golden Trail Project, Elko County, Nevada

The Golden Trail is situated on the Eastern Nevada Gold Trend (also called the Pequop Trend) a recently identified gold trend in north-eastern Nevada that in 2011 saw Newmont Mining Company (“Newmont”) take over the former owner of the Long Canyon property, 52 miles south of Golden Trail for a reported $US2.3 Billion. Subsequent to Newmont’s acquisition of Long Canyon, Newmont staked 211 mineral claims totaling some 4,300 acres that completely surround the Company’s Golden Trail Project, which consists of 16 contiguous mining claims that total about 320 acres.

http://www.montanagoldmining.com/news/