1. Captivision engages Hard Rock Consulting to reaffirm gold reserves. 2. Acquisition of Montana Tunnels Mining aims to diversify CAPT's operations. 3. Company plans to rename as Montana Gold Inc. post-acquisition. 4. Consulting firm has extensive experience with Montana Goldfields assets. 5. Acquisition dependent on successful negotiations and economic evaluations.
FAQ
Why Bullish?
The acquisition plan signifies strategic growth into the gold mining sector, reminiscent of past successful mining acquisitions that previously uplifted similar stocks.
How important is it?
The acquisition is critical for CAPT's future direction and growth potential, particularly as it exits non-core operations.
Why Long Term?
The full benefits of the acquisition and diversification will materialize over time as mining begins and operations stabilize, akin to examples seen in the industry when new assets are integrated successfully.
Related Companies
Captivision (CAPT) Engages Consulting Firm to Validate Gold Mining Reserves
MIAMI, Dec. 30, 2025 (GLOBE NEWSWIRE) -- Captivision Inc. (“Captivision” or the “Company”) (Nasdaq: CAPT) has announced the engagement of Colorado-based Hard Rock Consulting, LLC (“HRC”) to validate the gold and precious metals reserves of Montana Tunnels Mining, Inc. This strategic move comes as Captivision prepares to acquire Montana Tunnels Mining, a subsidiary of Montana Goldfields, Inc. (“MGLD”). The Company plans to transition into a diversified gold mining and services entity, rebranding itself as Montana Gold Inc. (Nasdaq: MGI).
Strategic Acquisition and Consulting Engagement
This engagement with HRC involves comprehensive services, including:
- Mineral resource and reserve updates
- Mine planning and optimization
- Assessment of rare-earth potential
- Overall economic evaluation
The findings from HRC will be critical as they reaffirm the proven reserves of gold and precious metals, further supporting the planned acquisition of Montana Tunnels Mining, Inc.
HRC's Expertise and Contribution
Hard Rock Consulting boasts a strong track record in geology, exploration, and resource estimation, alongside strategic mine planning and valuation. Their experience with Montana Goldfields, which includes the original assessments of Montana Tunnels Mining, positions them as a key technical partner as Captivision (CAPT) lays the groundwork for resumed mining operations.
The consulting firm’s knowledge extends beyond the Montana Tunnels Mine, covering a suite of additional assets such as:
- The fully permitted Diamond Hill mine
- The permitted Golden Dream deposit
- Three Elkhorn deposits
Cautionary Note on Forward-Looking Statements
This press release includes forward-looking statements as defined under the Private Securities Litigation Reform Act of 1995. These statements reflect the Company’s expectations regarding financial performance, business strategies, and the anticipated acquisition of Montana Tunnels Mining, Inc.
While Captivision believes that its plans and forecasts are reasonable, they also come with uncertainties, including:
- The ability to successfully negotiate the acquisition
- Successful execution of the development plan post-acquisition
- Potential capital raising challenges to support development initiatives
- Geological and operational risks associated with mining
Further, management may face challenges in transitioning from its legacy architectural media glass and LED businesses.
Conclusion
The collaboration between Captivision (CAPT) and HRC signifies a pivotal step toward reinforcing the Company’s strategic framework in the mining sector. Investors and stakeholders alike should monitor the developments following the acquisition of Montana Tunnels Mining, as these plans unfold into the future.
Investor Relations
For additional information, please contact:
Gateway Group
Ralf Esper
+1 949-574-3860
CAPT@gateway-grp.com