Captivision announced the execution of a letter of intent for the transformative acquisition of Montana Tunnels Mining and the Montana Tunnels Mine, a wholly owned subsidiary and asset of Montana Goldfields. Captivision will be repositioned as a diversified gold mining and related services company, renamed Montana Gold Inc. and will begin trading on Nasdaq under the ticker symbol "MGI" upon completion of the acquisition. Under the terms of the LOI, Captivision will acquire MTMI and the Montana Tunnels Mine asset using the Company's newly issued ordinary shares in a ratio based on a relative pre-transaction value of $750 million and the Company of $50 million. The transaction, which is subject to negotiation of definitive documents reflecting usual and customary closing conditions, completion of audited financial statements, and regulatory review, is expected to close by the First Quarter 2026.
Captivision Inc. is a provider of architectural media glass. The Company is an inventor and manufacturer of architectural display glass. The Company manufactures an integrated architectural information technology (IT) product, G-Glass, which is a product that combines IT building materials and architectural glass into one standalone offering. G-Glass can transform any glass facade into a transparent media screen, enabling real estate owners and developers to monetize vertical real estate. G-Glass can be implemented across a wide range of indoor and outdoor use cases from retailers, shops, entertainment, service companies as well as media, streaming and broadcasting companies. It has a variety of applications, including business marketing, third party advertising, public services, and sports and entertainment.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
