ESGold Corp. Announces Upsize of Flow-Through Share Private Placement to Gross Proceeds of up to C$4.5 Million

Core Viewpoint - ESGold Corp. has increased the maximum gross proceeds of its non-brokered private placement from C$2.975 million to C$4.505 million due to strong investor demand [1] Group 1: Offering Details - The company plans to sell up to 5,300,000 flow-through common shares at a price of C$0.85 per share [1] - The offering is expected to close on or about December 8, 2025, subject to necessary corporate and regulatory approvals [4] - All securities issued will be subject to a statutory hold period of four months plus a day from the date of issuance [4] Group 2: Use of Proceeds - Proceeds from the offering will be used to fund exploration of the Montauban Property in Quebec [2] - The funds will qualify as "flow-through mining expenditures" under Canadian tax laws and will be renounced to purchasers with an effective date no later than December 31, 2025 [2] Group 3: Company Overview - ESGold Corp. is a fully permitted, fully funded, pre-production mining company focused on a clean mining model across North and South America [5] - The company's flagship project, the Montauban Gold-Silver Project, is under construction with production anticipated in 2026 [5] - ESGold is also advancing a joint venture in Colombia for tailings reprocessing and exploration [5]