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ESGold Announces Closing of C$8.0 Million Brokered LIFE Offering
Newsfile· 2025-09-18 13:30
Core Points - ESGold Corp. has successfully closed a private placement offering, raising gross proceeds of C$8,000,000 through the sale of 10,666,667 units at a price of C$0.75 per unit [1][2] - Each unit consists of one common share and one warrant, with the warrant allowing the purchase of an additional common share at C$1.10 until September 18, 2028 [2] - The net proceeds will be utilized for advancing the Montauban Project in Québec and for general working capital [3] Offering Details - The offering was conducted under National Instrument 45-106, allowing for the issuance of units to Canadian and U.S. purchasers [4] - The agent for the offering, Red Cloud Securities Inc., received cash fees of C$460,867.50 and 614,490 broker warrants, which are also exercisable at the offering price until September 18, 2028 [5] - The securities issued are not registered under the U.S. Securities Act and cannot be sold to U.S. persons without proper registration or exemption [7] Company Overview - ESGold Corp. is a pre-production resource company focused on clean mining and exploration, with its flagship Montauban property located 80 kilometers west of Quebec City [10] - The company aims to combine near-term production with district-scale discovery potential, emphasizing responsible mining practices [10]
ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) Pioneering Innovative Mining Approach, Demonstrating Next-Gen Processing Capabilities
Globenewswire· 2025-08-28 12:30
Core Insights - ESGold Corp. is highlighted for its innovative approach in transforming mining waste into profitable operations while addressing environmental concerns [1][4] - The company is positioned at the forefront of clean mining and exploration innovation, with a focus on sustainable resource recovery [5] Company Overview - ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) is a fully permitted, preproduction resource company specializing in clean mining practices [5] - The flagship Montauban property, located 80 kilometers west of Quebec City, exemplifies responsible mining practices and has significant production and exploration potential [5] Industry Context - Traditional mining operations in Colombia have left behind large volumes of tailings, which contain previously unrecoverable precious metals [3] - ESGold's advanced extraction methods present an opportunity to recover gold and silver while mitigating long-standing environmental issues [3][4]
NetworkNewsAudio Announces Audio Press Release (APR) on Emerging Powerhouse in Gold Industry
Globenewswire· 2025-06-06 12:30
Core Insights - ESGold Corp. has successfully closed C$3.45 million financing to advance its Montauban Project towards production, marking a pivotal point for the company [1] - The company has begun on-site construction and assembly at Montauban, targeting near-term cash flow within the next six months [2] - ESGold aims to transform Montauban into one of Canada's next active gold and silver operations, with production targeted for Q4 [3] Company Overview - ESGold Corp. is a fully permitted, preproduction resource company focused on clean mining and exploration innovation, with a flagship property located 80 kilometers west of Quebec City [4] - The Montauban property serves as a model for responsible mining practices, combining near-term production with district-scale discovery potential [4]