EnviroGold Increases Size of Previously Announced Non-Brokered Private Placement Due to Strong Investor Demand

Core Insights - EnviroGold Global Limited has increased the size of its non-brokered private placement to raise up to $7,000,000 due to strong investor demand [1][2] - The first tranche of the Offering closed on October 1, 2025, raising gross proceeds of $2,201,276 [2] - The CEO highlighted the oversubscription as a reflection of growing market confidence in the company's NVRO Process™ technology [3] Financial Details - The Offering will issue units at a price of $0.09 per unit [2] - The second tranche of the Offering is expected to close around October 15, 2025 [4] Company Strategy and Vision - The additional capital is intended to strengthen the company's balance sheet and accelerate commercial execution [4] - The company aims to create significant, sustainable value from mine waste and reduce environmental liabilities through its proprietary technology [5] - EnviroGold operates on a technology license fee model with low capital expenditure requirements, focusing on shareholder value and recurring dividends [5]