Captivision shares rise 11.30% intraday after positive mining assessment reaffirms gold resources ahead of acquisition.

Captivision Inc. surged 11.30% in intraday trading following the release of a positive independent mining assessment by Hard Rock Consulting, which reaffirmed gold and precious metals resources at Montana Tunnels Mine and highlighted significant potential for expanding mining output and extending the mine’s life beyond the current 10-year estimate. The report, a key milestone ahead of the company’s planned acquisition of Montana Tunnels Mining Inc., underscores the asset’s value and aligns with Captivision’s strategic pivot to a diversified gold mining business. The CEO emphasized the findings position the company as a growth-oriented mining entity, with the acquisition expected to close in Q1 2026. The news overshadowed prior challenges related to Nasdaq compliance and audit delays, as the updated resource outlook and operational upside generated strong investor optimism.