ESGold Corp. Announces Closing of Flow-Through Share Private Placement for Gross Proceeds of $4.5 Million

Core Viewpoint - ESGold Corp. has successfully closed a non-brokered private placement, raising a total of $4,505,000 through the issuance of 5,300,000 flow-through common shares at a price of $0.85 per share [1][2]. Group 1: Financial Details - The proceeds from the Offering will be allocated to fund exploration activities at the Montauban Property in Quebec, qualifying as "flow-through mining expenditures" under Canadian tax regulations [2]. - The cash finder's fee paid to Red Cloud Securities Inc. for facilitating the Offering amounted to $315,350 [3]. Group 2: Company Overview - ESGold Corp. is a fully permitted and funded pre-production mining company, focusing on a scalable clean mining model across North and South America [4]. - The flagship Montauban Gold-Silver Project in Quebec is currently under construction, with production expected to commence in 2026 [4]. - ESGold is also pursuing a joint venture in Colombia, aimed at exploring and reprocessing tailings in one of South America's most prolific gold regions [4].