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   <title>Montauk Metals Provides Corporate Update</title>
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&lt;p align=&quot;left&quot;&gt;TORONTO, April  29, 2025  (GLOBE NEWSWIRE) -- Montauk Metals Inc. (TSX-V: MTK) (the “&lt;strong&gt;Company&lt;/strong&gt;” or “&lt;strong&gt;Montauk&lt;/strong&gt;”) announces that Mr. Robert Suttie has resigned from his position as Chief Financial Officer of the Company, effective immediately. The Board of Directors would like to thank Mr. Suttie for his service to Montauk and wishes him the best in his future endeavors.&lt;/p&gt;  &lt;p align=&quot;justify&quot;&gt;The Company also announces that it will not be in a position to file its audited annual financial statements, management’s discussion and analysis, and related CEO and CFO certifications for the year ended December 31, 2024</description>
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   <title>Montauk Metals Provides Corporate Update</title>
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&lt;p align=&quot;left&quot;&gt;TORONTO, April  29, 2025  (GLOBE NEWSWIRE) -- Montauk Metals Inc. (TSX-V: MTK) (the “&lt;strong&gt;Company&lt;/strong&gt;” or “&lt;strong&gt;Montauk&lt;/strong&gt;”) announces that Mr. Robert Suttie has resigned from his position as Chief Financial Officer of the Company, effective immediately. The Board of Directors would like to thank Mr. Suttie for his service to Montauk and wishes him the best in his future endeavors.&lt;/p&gt;  &lt;p align=&quot;justify&quot;&gt;The Company also announces that it will not be in a position to file its audited annual financial statements, management’s discussion and analysis, and related CEO and CFO certifications for the year ended December 31, 2024</description>
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   <title>Montauk Metals Provides Corporate Update</title>
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&lt;p align=&quot;left&quot;&gt;TORONTO, April  29, 2025  (GLOBE NEWSWIRE) -- Montauk Metals Inc. (TSX-V: MTK) (the “&lt;strong&gt;Company&lt;/strong&gt;” or “&lt;strong&gt;Montauk&lt;/strong&gt;”) announces that Mr. Robert Suttie has resigned from his position as Chief Financial Officer of the Company, effective immediately. The Board of Directors would like to thank Mr. Suttie for his service to Montauk and wishes him the best in his future endeavors.&lt;/p&gt;  &lt;p align=&quot;justify&quot;&gt;The Company also announces that it will not be in a position to file its audited annual financial statements, management’s discussion and analysis, and related CEO and CFO certifications for the year ended December 31, 2024</description>
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   <title>Montauk Metals Provides Corporate Update</title>
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&lt;p align=&quot;left&quot;&gt;TORONTO, April  29, 2025  (GLOBE NEWSWIRE) -- Montauk Metals Inc. (TSX-V: MTK) (the “&lt;strong&gt;Company&lt;/strong&gt;” or “&lt;strong&gt;Montauk&lt;/strong&gt;”) announces that Mr. Robert Suttie has resigned from his position as Chief Financial Officer of the Company, effective immediately. The Board of Directors would like to thank Mr. Suttie for his service to Montauk and wishes him the best in his future endeavors.&lt;/p&gt;  &lt;p align=&quot;justify&quot;&gt;The Company also announces that it will not be in a position to file its audited annual financial statements, management’s discussion and analysis, and related CEO and CFO certifications for the year ended December 31, 2024</description>
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&lt;p align=&quot;left&quot;&gt;TORONTO, April  29, 2025  (GLOBE NEWSWIRE) -- Montauk Metals Inc. (TSX-V: MTK) (the “&lt;strong&gt;Company&lt;/strong&gt;” or “&lt;strong&gt;Montauk&lt;/strong&gt;”) announces that Mr. Robert Suttie has resigned from his position as Chief Financial Officer of the Company, effective immediately. The Board of Directors would like to thank Mr. Suttie for his service to Montauk and wishes him the best in his future endeavors.&lt;/p&gt;  &lt;p align=&quot;justify&quot;&gt;The Company also announces that it will not be in a position to file its audited annual financial statements, management’s discussion and analysis, and related CEO and CFO certifications for the year ended December 31, 2024</description>
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   <title>Montauk Metals Provides Corporate Update</title>
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&lt;p align=&quot;left&quot;&gt;TORONTO, April  29, 2025  (GLOBE NEWSWIRE) -- Montauk Metals Inc. (TSX-V: MTK) (the “&lt;strong&gt;Company&lt;/strong&gt;” or “&lt;strong&gt;Montauk&lt;/strong&gt;”) announces that Mr. Robert Suttie has resigned from his position as Chief Financial Officer of the Company, effective immediately. The Board of Directors would like to thank Mr. Suttie for his service to Montauk and wishes him the best in his future endeavors.&lt;/p&gt;  &lt;p align=&quot;justify&quot;&gt;The Company also announces that it will not be in a position to file its audited annual financial statements, management’s discussion and analysis, and related CEO and CFO certifications for the year ended December 31, 2024</description>
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&lt;p align=&quot;left&quot;&gt;TORONTO, April  29, 2025  (GLOBE NEWSWIRE) -- Montauk Metals Inc. (TSX-V: MTK) (the “&lt;strong&gt;Company&lt;/strong&gt;” or “&lt;strong&gt;Montauk&lt;/strong&gt;”) announces that Mr. Robert Suttie has resigned from his position as Chief Financial Officer of the Company, effective immediately. The Board of Directors would like to thank Mr. Suttie for his service to Montauk and wishes him the best in his future endeavors.&lt;/p&gt;  &lt;p align=&quot;justify&quot;&gt;The Company also announces that it will not be in a position to file its audited annual financial statements, management’s discussion and analysis, and related CEO and CFO certifications for the year ended December 31, 2024</description>
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&lt;p align=&quot;left&quot;&gt;TORONTO, April  29, 2025  (GLOBE NEWSWIRE) -- Montauk Metals Inc. (TSX-V: MTK) (the “&lt;strong&gt;Company&lt;/strong&gt;” or “&lt;strong&gt;Montauk&lt;/strong&gt;”) announces that Mr. Robert Suttie has resigned from his position as Chief Financial Officer of the Company, effective immediately. The Board of Directors would like to thank Mr. Suttie for his service to Montauk and wishes him the best in his future endeavors.&lt;/p&gt;  &lt;p align=&quot;justify&quot;&gt;The Company also announces that it will not be in a position to file its audited annual financial statements, management’s discussion and analysis, and related CEO and CFO certifications for the year ended December 31, 2024</description>
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   <title>Montauk Metals Provides Corporate Update</title>
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&lt;p align=&quot;left&quot;&gt;TORONTO, April  29, 2025  (GLOBE NEWSWIRE) -- Montauk Metals Inc. (TSX-V: MTK) (the “&lt;strong&gt;Company&lt;/strong&gt;” or “&lt;strong&gt;Montauk&lt;/strong&gt;”) announces that Mr. Robert Suttie has resigned from his position as Chief Financial Officer of the Company, effective immediately. The Board of Directors would like to thank Mr. Suttie for his service to Montauk and wishes him the best in his future endeavors.&lt;/p&gt;  &lt;p align=&quot;justify&quot;&gt;The Company also announces that it will not be in a position to file its audited annual financial statements, management’s discussion and analysis, and related CEO and CFO certifications for the year ended December 31, 2024</description>
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&lt;p align=&quot;left&quot;&gt;TORONTO, April  29, 2025  (GLOBE NEWSWIRE) -- Montauk Metals Inc. (TSX-V: MTK) (the “&lt;strong&gt;Company&lt;/strong&gt;” or “&lt;strong&gt;Montauk&lt;/strong&gt;”) announces that Mr. Robert Suttie has resigned from his position as Chief Financial Officer of the Company, effective immediately. The Board of Directors would like to thank Mr. Suttie for his service to Montauk and wishes him the best in his future endeavors.&lt;/p&gt;  &lt;p align=&quot;justify&quot;&gt;The Company also announces that it will not be in a position to file its audited annual financial statements, management’s discussion and analysis, and related CEO and CFO certifications for the year ended December 31, 2024</description>
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   <title>Montauk Metals Provides Corporate Update</title>
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&lt;p align=&quot;justify&quot;&gt;TORONTO, Dec.  05, 2024  (GLOBE NEWSWIRE) -- Montauk Metals Inc. (TSX-V: MTK) (the “&lt;strong&gt;Company&lt;/strong&gt;” or “&lt;strong&gt;Montauk&lt;/strong&gt;”) announces that the Company received USD$504,000 from the Republic of Colombia as a costs award in conjunction with International Centre for Settlement of Investment Disputes (“&lt;strong&gt;ICSID&lt;/strong&gt;”) Arbitral Tribunal (the “&lt;strong&gt;Tribunal&lt;/strong&gt;”) ruling, as more fully detailed in the Company’s press release dated June 10, 2024.&lt;/p&gt;    &lt;p align=&quot;justify&quot;&gt;The Company further announces that the Company repaid USD$235,135, inclusive of USD$35,135 of accrued interest, to Omni Bridgeway (Fund 5) Canada Investments Ltd. (“&lt;strong&gt;Omni&lt;/strong&gt;”), constituting the entirety of the funds owed by the</description>
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&lt;p align=&quot;justify&quot;&gt;TORONTO, Dec.  05, 2024  (GLOBE NEWSWIRE) -- Montauk Metals Inc. (TSX-V: MTK) (the “&lt;strong&gt;Company&lt;/strong&gt;” or “&lt;strong&gt;Montauk&lt;/strong&gt;”) announces that the Company received USD$504,000 from the Republic of Colombia as a costs award in conjunction with International Centre for Settlement of Investment Disputes (“&lt;strong&gt;ICSID&lt;/strong&gt;”) Arbitral Tribunal (the “&lt;strong&gt;Tribunal&lt;/strong&gt;”) ruling, as more fully detailed in the Company’s press release dated June 10, 2024.&lt;/p&gt;    &lt;p align=&quot;justify&quot;&gt;The Company further announces that the Company repaid USD$235,135, inclusive of USD$35,135 of accrued interest, to Omni Bridgeway (Fund 5) Canada Investments Ltd. (“&lt;strong&gt;Omni&lt;/strong&gt;”), constituting the entirety of the funds owed by the</description>
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&lt;p align=&quot;justify&quot;&gt;TORONTO, Dec.  05, 2024  (GLOBE NEWSWIRE) -- Montauk Metals Inc. (TSX-V: MTK) (the “&lt;strong&gt;Company&lt;/strong&gt;” or “&lt;strong&gt;Montauk&lt;/strong&gt;”) announces that the Company received USD$504,000 from the Republic of Colombia as a costs award in conjunction with International Centre for Settlement of Investment Disputes (“&lt;strong&gt;ICSID&lt;/strong&gt;”) Arbitral Tribunal (the “&lt;strong&gt;Tribunal&lt;/strong&gt;”) ruling, as more fully detailed in the Company’s press release dated June 10, 2024.&lt;/p&gt;    &lt;p align=&quot;justify&quot;&gt;The Company further announces that the Company repaid USD$235,135, inclusive of USD$35,135 of accrued interest, to Omni Bridgeway (Fund 5) Canada Investments Ltd. (“&lt;strong&gt;Omni&lt;/strong&gt;”), constituting the entirety of the funds owed by the</description>
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&lt;p align=&quot;justify&quot;&gt;TORONTO, Dec.  05, 2024  (GLOBE NEWSWIRE) -- Montauk Metals Inc. (TSX-V: MTK) (the “&lt;strong&gt;Company&lt;/strong&gt;” or “&lt;strong&gt;Montauk&lt;/strong&gt;”) announces that the Company received USD$504,000 from the Republic of Colombia as a costs award in conjunction with International Centre for Settlement of Investment Disputes (“&lt;strong&gt;ICSID&lt;/strong&gt;”) Arbitral Tribunal (the “&lt;strong&gt;Tribunal&lt;/strong&gt;”) ruling, as more fully detailed in the Company’s press release dated June 10, 2024.&lt;/p&gt;    &lt;p align=&quot;justify&quot;&gt;The Company further announces that the Company repaid USD$235,135, inclusive of USD$35,135 of accrued interest, to Omni Bridgeway (Fund 5) Canada Investments Ltd. (“&lt;strong&gt;Omni&lt;/strong&gt;”), constituting the entirety of the funds owed by the</description>
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   <title>Montauk Metals Provides Corporate Update</title>
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   <description>
&lt;p align=&quot;justify&quot;&gt;TORONTO, Dec.  05, 2024  (GLOBE NEWSWIRE) -- Montauk Metals Inc. (TSX-V: MTK) (the “&lt;strong&gt;Company&lt;/strong&gt;” or “&lt;strong&gt;Montauk&lt;/strong&gt;”) announces that the Company received USD$504,000 from the Republic of Colombia as a costs award in conjunction with International Centre for Settlement of Investment Disputes (“&lt;strong&gt;ICSID&lt;/strong&gt;”) Arbitral Tribunal (the “&lt;strong&gt;Tribunal&lt;/strong&gt;”) ruling, as more fully detailed in the Company’s press release dated June 10, 2024.&lt;/p&gt;    &lt;p align=&quot;justify&quot;&gt;The Company further announces that the Company repaid USD$235,135, inclusive of USD$35,135 of accrued interest, to Omni Bridgeway (Fund 5) Canada Investments Ltd. (“&lt;strong&gt;Omni&lt;/strong&gt;”), constituting the entirety of the funds owed by the</description>
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   <pubDate>Thu, 05 Dec 2024 18:57:00 -0500</pubDate>
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   <title>Montauk Metals Provides Corporate Update</title>
   <link>http://www.streetinsider.com/Globe+Newswire/Montauk+Metals+Provides+Corporate+Update/24073339.html</link>
   <description>
&lt;p align=&quot;justify&quot;&gt;TORONTO, Dec.  05, 2024  (GLOBE NEWSWIRE) -- Montauk Metals Inc. (TSX-V: MTK) (the “&lt;strong&gt;Company&lt;/strong&gt;” or “&lt;strong&gt;Montauk&lt;/strong&gt;”) announces that the Company received USD$504,000 from the Republic of Colombia as a costs award in conjunction with International Centre for Settlement of Investment Disputes (“&lt;strong&gt;ICSID&lt;/strong&gt;”) Arbitral Tribunal (the “&lt;strong&gt;Tribunal&lt;/strong&gt;”) ruling, as more fully detailed in the Company’s press release dated June 10, 2024.&lt;/p&gt;    &lt;p align=&quot;justify&quot;&gt;The Company further announces that the Company repaid USD$235,135, inclusive of USD$35,135 of accrued interest, to Omni Bridgeway (Fund 5) Canada Investments Ltd. (“&lt;strong&gt;Omni&lt;/strong&gt;”), constituting the entirety of the funds owed by the</description>
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   <pubDate>Thu, 05 Dec 2024 18:57:00 -0500</pubDate>
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   <title>Montauk Metals Provides Corporate Update</title>
   <link>http://www.streetinsider.com/Globe+Newswire/Montauk+Metals+Provides+Corporate+Update/24073339.html</link>
   <description>
&lt;p align=&quot;justify&quot;&gt;TORONTO, Dec.  05, 2024  (GLOBE NEWSWIRE) -- Montauk Metals Inc. (TSX-V: MTK) (the “&lt;strong&gt;Company&lt;/strong&gt;” or “&lt;strong&gt;Montauk&lt;/strong&gt;”) announces that the Company received USD$504,000 from the Republic of Colombia as a costs award in conjunction with International Centre for Settlement of Investment Disputes (“&lt;strong&gt;ICSID&lt;/strong&gt;”) Arbitral Tribunal (the “&lt;strong&gt;Tribunal&lt;/strong&gt;”) ruling, as more fully detailed in the Company’s press release dated June 10, 2024.&lt;/p&gt;    &lt;p align=&quot;justify&quot;&gt;The Company further announces that the Company repaid USD$235,135, inclusive of USD$35,135 of accrued interest, to Omni Bridgeway (Fund 5) Canada Investments Ltd. (“&lt;strong&gt;Omni&lt;/strong&gt;”), constituting the entirety of the funds owed by the</description>
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   <pubDate>Thu, 05 Dec 2024 18:57:00 -0500</pubDate>
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   <title>Montauk Metals Provides Corporate Update</title>
   <link>http://www.streetinsider.com/Globe+Newswire/Montauk+Metals+Provides+Corporate+Update/24073339.html</link>
   <description>
&lt;p align=&quot;justify&quot;&gt;TORONTO, Dec.  05, 2024  (GLOBE NEWSWIRE) -- Montauk Metals Inc. (TSX-V: MTK) (the “&lt;strong&gt;Company&lt;/strong&gt;” or “&lt;strong&gt;Montauk&lt;/strong&gt;”) announces that the Company received USD$504,000 from the Republic of Colombia as a costs award in conjunction with International Centre for Settlement of Investment Disputes (“&lt;strong&gt;ICSID&lt;/strong&gt;”) Arbitral Tribunal (the “&lt;strong&gt;Tribunal&lt;/strong&gt;”) ruling, as more fully detailed in the Company’s press release dated June 10, 2024.&lt;/p&gt;    &lt;p align=&quot;justify&quot;&gt;The Company further announces that the Company repaid USD$235,135, inclusive of USD$35,135 of accrued interest, to Omni Bridgeway (Fund 5) Canada Investments Ltd. (“&lt;strong&gt;Omni&lt;/strong&gt;”), constituting the entirety of the funds owed by the</description>
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   <pubDate>Thu, 05 Dec 2024 18:57:00 -0500</pubDate>
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   <title>Montauk Metals Provides Corporate Update</title>
   <link>http://www.streetinsider.com/Globe+Newswire/Montauk+Metals+Provides+Corporate+Update/24073339.html</link>
   <description>
&lt;p align=&quot;justify&quot;&gt;TORONTO, Dec.  05, 2024  (GLOBE NEWSWIRE) -- Montauk Metals Inc. (TSX-V: MTK) (the “&lt;strong&gt;Company&lt;/strong&gt;” or “&lt;strong&gt;Montauk&lt;/strong&gt;”) announces that the Company received USD$504,000 from the Republic of Colombia as a costs award in conjunction with International Centre for Settlement of Investment Disputes (“&lt;strong&gt;ICSID&lt;/strong&gt;”) Arbitral Tribunal (the “&lt;strong&gt;Tribunal&lt;/strong&gt;”) ruling, as more fully detailed in the Company’s press release dated June 10, 2024.&lt;/p&gt;    &lt;p align=&quot;justify&quot;&gt;The Company further announces that the Company repaid USD$235,135, inclusive of USD$35,135 of accrued interest, to Omni Bridgeway (Fund 5) Canada Investments Ltd. (“&lt;strong&gt;Omni&lt;/strong&gt;”), constituting the entirety of the funds owed by the</description>
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   <title>Montauk Metals Provides Corporate Update</title>
   <link>http://www.streetinsider.com/Globe+Newswire/Montauk+Metals+Provides+Corporate+Update/24073339.html</link>
   <description>
&lt;p align=&quot;justify&quot;&gt;TORONTO, Dec.  05, 2024  (GLOBE NEWSWIRE) -- Montauk Metals Inc. (TSX-V: MTK) (the “&lt;strong&gt;Company&lt;/strong&gt;” or “&lt;strong&gt;Montauk&lt;/strong&gt;”) announces that the Company received USD$504,000 from the Republic of Colombia as a costs award in conjunction with International Centre for Settlement of Investment Disputes (“&lt;strong&gt;ICSID&lt;/strong&gt;”) Arbitral Tribunal (the “&lt;strong&gt;Tribunal&lt;/strong&gt;”) ruling, as more fully detailed in the Company’s press release dated June 10, 2024.&lt;/p&gt;    &lt;p align=&quot;justify&quot;&gt;The Company further announces that the Company repaid USD$235,135, inclusive of USD$35,135 of accrued interest, to Omni Bridgeway (Fund 5) Canada Investments Ltd. (“&lt;strong&gt;Omni&lt;/strong&gt;”), constituting the entirety of the funds owed by the</description>
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   <title>Montauk Metals Obtains Litigation Funding Against the Republic of Colombia and Withdrawal of Private Placement</title>
   <link>http://www.streetinsider.com/Press+Releases/Montauk+Metals+Obtains+Litigation+Funding+Against+the+Republic+of+Colombia+and+Withdrawal+of+Private+Placement/22571985.html</link>
   <description>
&lt;p align=&quot;justify&quot;&gt;TORONTO, Dec.  28, 2023  (GLOBE NEWSWIRE) -- Montauk Metals Inc. (TSX-V: MTK) (the “&lt;strong&gt;Company&lt;/strong&gt;” or “&lt;strong&gt;Montauk&lt;/strong&gt;”) is pleased to announce that it is been advanced US$200,000 (the “&lt;strong&gt;Loan Amount&lt;/strong&gt;”) pursuant to the loan and option agreement (the “&lt;strong&gt;Loan Agreement&lt;/strong&gt;”) with Omni Bridgeway (Fund 5) Canada Investments Ltd. (“&lt;strong&gt;Omni&lt;/strong&gt;”), as previously announced in its news release on November 9, 2023. The Loan Amount was advanced to the Company in connection with the execution of promissory note by Montauk in favour of Omni (the “&lt;strong&gt;Note&lt;/strong&gt;”).&lt;/p&gt;    &lt;p align=&quot;justify&quot;&gt;&lt;strong&gt;Background &lt;/strong&gt;&lt;/p&gt;    &lt;p align=&quot;justify&quot;&gt;Montauk brought arbitration proceedings</description>
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   <pubDate>Thu, 28 Dec 2023 12:18:00 -0500</pubDate>
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   <title>Montauk Metals Obtains Litigation Funding Against the Republic of Colombia and Withdrawal of Private Placement</title>
   <link>http://www.streetinsider.com/Press+Releases/Montauk+Metals+Obtains+Litigation+Funding+Against+the+Republic+of+Colombia+and+Withdrawal+of+Private+Placement/22571985.html</link>
   <description>
&lt;p align=&quot;justify&quot;&gt;TORONTO, Dec.  28, 2023  (GLOBE NEWSWIRE) -- Montauk Metals Inc. (TSX-V: MTK) (the “&lt;strong&gt;Company&lt;/strong&gt;” or “&lt;strong&gt;Montauk&lt;/strong&gt;”) is pleased to announce that it is been advanced US$200,000 (the “&lt;strong&gt;Loan Amount&lt;/strong&gt;”) pursuant to the loan and option agreement (the “&lt;strong&gt;Loan Agreement&lt;/strong&gt;”) with Omni Bridgeway (Fund 5) Canada Investments Ltd. (“&lt;strong&gt;Omni&lt;/strong&gt;”), as previously announced in its news release on November 9, 2023. The Loan Amount was advanced to the Company in connection with the execution of promissory note by Montauk in favour of Omni (the “&lt;strong&gt;Note&lt;/strong&gt;”).&lt;/p&gt;    &lt;p align=&quot;justify&quot;&gt;&lt;strong&gt;Background &lt;/strong&gt;&lt;/p&gt;    &lt;p align=&quot;justify&quot;&gt;Montauk brought arbitration proceedings</description>
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   <title>Montauk Metals Obtains Litigation Funding Against the Republic of Colombia and Withdrawal of Private Placement</title>
   <link>http://www.streetinsider.com/Press+Releases/Montauk+Metals+Obtains+Litigation+Funding+Against+the+Republic+of+Colombia+and+Withdrawal+of+Private+Placement/22571985.html</link>
   <description>
&lt;p align=&quot;justify&quot;&gt;TORONTO, Dec.  28, 2023  (GLOBE NEWSWIRE) -- Montauk Metals Inc. (TSX-V: MTK) (the “&lt;strong&gt;Company&lt;/strong&gt;” or “&lt;strong&gt;Montauk&lt;/strong&gt;”) is pleased to announce that it is been advanced US$200,000 (the “&lt;strong&gt;Loan Amount&lt;/strong&gt;”) pursuant to the loan and option agreement (the “&lt;strong&gt;Loan Agreement&lt;/strong&gt;”) with Omni Bridgeway (Fund 5) Canada Investments Ltd. (“&lt;strong&gt;Omni&lt;/strong&gt;”), as previously announced in its news release on November 9, 2023. The Loan Amount was advanced to the Company in connection with the execution of promissory note by Montauk in favour of Omni (the “&lt;strong&gt;Note&lt;/strong&gt;”).&lt;/p&gt;    &lt;p align=&quot;justify&quot;&gt;&lt;strong&gt;Background &lt;/strong&gt;&lt;/p&gt;    &lt;p align=&quot;justify&quot;&gt;Montauk brought arbitration proceedings</description>
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   <title>Montauk Metals Obtains Litigation Funding Against the Republic of Colombia and Withdrawal of Private Placement</title>
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&lt;p align=&quot;justify&quot;&gt;TORONTO, Dec.  28, 2023  (GLOBE NEWSWIRE) -- Montauk Metals Inc. (TSX-V: MTK) (the “&lt;strong&gt;Company&lt;/strong&gt;” or “&lt;strong&gt;Montauk&lt;/strong&gt;”) is pleased to announce that it is been advanced US$200,000 (the “&lt;strong&gt;Loan Amount&lt;/strong&gt;”) pursuant to the loan and option agreement (the “&lt;strong&gt;Loan Agreement&lt;/strong&gt;”) with Omni Bridgeway (Fund 5) Canada Investments Ltd. (“&lt;strong&gt;Omni&lt;/strong&gt;”), as previously announced in its news release on November 9, 2023. The Loan Amount was advanced to the Company in connection with the execution of promissory note by Montauk in favour of Omni (the “&lt;strong&gt;Note&lt;/strong&gt;”).&lt;/p&gt;    &lt;p align=&quot;justify&quot;&gt;&lt;strong&gt;Background &lt;/strong&gt;&lt;/p&gt;    &lt;p align=&quot;justify&quot;&gt;Montauk brought arbitration proceedings</description>
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   <title>Montauk Metals Obtains Litigation Funding Against the Republic of Colombia and Withdrawal of Private Placement</title>
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&lt;p align=&quot;justify&quot;&gt;TORONTO, Dec.  28, 2023  (GLOBE NEWSWIRE) -- Montauk Metals Inc. (TSX-V: MTK) (the “&lt;strong&gt;Company&lt;/strong&gt;” or “&lt;strong&gt;Montauk&lt;/strong&gt;”) is pleased to announce that it is been advanced US$200,000 (the “&lt;strong&gt;Loan Amount&lt;/strong&gt;”) pursuant to the loan and option agreement (the “&lt;strong&gt;Loan Agreement&lt;/strong&gt;”) with Omni Bridgeway (Fund 5) Canada Investments Ltd. (“&lt;strong&gt;Omni&lt;/strong&gt;”), as previously announced in its news release on November 9, 2023. The Loan Amount was advanced to the Company in connection with the execution of promissory note by Montauk in favour of Omni (the “&lt;strong&gt;Note&lt;/strong&gt;”).&lt;/p&gt;    &lt;p align=&quot;justify&quot;&gt;&lt;strong&gt;Background &lt;/strong&gt;&lt;/p&gt;    &lt;p align=&quot;justify&quot;&gt;Montauk brought arbitration proceedings</description>
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