Core Insights - EnviroGold Global Limited has appointed Jackie Przybylowski to its Board of Directors, effective January 5, 2026, to support the commercialization of its NVRO Process™ [1][2] - Ms. Przybylowski brings over 20 years of experience in the mining sector, enhancing the company's capabilities in capital markets and governance as it aims for scalable revenue generation [2][3] Company Overview - EnviroGold is a clean-technology company focused on recovering high-value metals from mine waste using its proprietary NVRO Process™, aligning with global ESG frameworks [9] - The company aims to convert environmental liabilities into economic assets, providing low-carbon metal recovery solutions [9] Appointment Significance - The appointment of Ms. Przybylowski is seen as strategically important as the company transitions from technology validation to commercial-scale operations [7] - Her expertise in metallurgical engineering and capital markets is expected to strengthen institutional credibility and support long-term shareholder value creation [7][8] Ms. Przybylowski's Background - Ms. Przybylowski has conducted due diligence on over 130 mines across 30 countries, providing her with insights into operational performance and risk management [3] - She has held senior roles in various organizations, including Canada Nickel Company and BMO Capital Markets, where she was recognized as a top-ranked analyst [4][5][6] Market Context - The appointment comes at a time of increasing global demand for sustainable solutions in the mining industry, supported by favorable policies in the U.S., Australia, and the EU [7] - EnviroGold's business model is designed to be capital-light and focused on generating recurring, high-margin revenue [7]

Core Insights - EnviroGold Global Limited is enhancing its Board and executive leadership to accelerate the commercial rollout of the NVRO Process™, aiming to transition into a high-growth, revenue-generating clean-technology enterprise [1][3][11] Leadership Changes - David Cam has been appointed Executive Chairman, focusing on global growth strategy, partnerships, and investor relations, while stepping down as Co-CEO [4][5] - Grant Freeman has been appointed Chief Executive Officer, tasked with overseeing operations, commercial deployments, and scaling the company's global execution strategy [6][7][8] - Paul McRae has taken on the role of Lead Independent Director to strengthen Board independence and support the company's commercialization phase [9][10] Market Positioning - The leadership changes are in response to increasing customer demand and expanding international project opportunities, aligning with critical-minerals policies in the U.S., Australia, and EU [2][3] - The company is positioned to capture a multi-billion-dollar market for sustainable tailings-to-metals solutions, leveraging its unique capabilities [3][12] Strategic Focus - The new leadership structure aims to enhance governance, operational efficiency, and shareholder value as the company scales its global footprint [5][11] - The company emphasizes disciplined execution and rapid commercial deployment to deliver strong returns for shareholders [8]

VANCOUVER, British Columbia, Dec. 01, 2025 (GLOBE NEWSWIRE) -- EnviroGold Global Limited (CSE: NVRO | OTCQB: ESGLF | FSE: YGK) (“EnviroGold” or the “Company”), is pleased to announce advancements across its global operational platform. These include the expansion of its Western Australian facility, strategic progression toward establishing a new testing hub in the western United States, and the appointment of PPM Global as the Company’s specialist partner for NVRO Process™ plant construction and commissioni ...

Core Insights - EnviroGold Global Limited announced the publication of an independent case study by ANDRITZ, validating the performance and commercial scalability of the NVRO Process™ [1][2] Group 1: Case Study Findings - The ANDRITZ study confirms that the NVRO Process™ significantly enhances recovery, concentrate grade, and operating efficiency from mine waste [2][4] - The optimization model aligns closely with EnviroGold's lab and pilot results, confirming the underlying chemistry and metallurgical performance [4][8] - The study demonstrates a 286% increase in gold and a 450% increase in silver concentrate grades, with an 82% gold recovery rate validated by ALS Global [8][9] Group 2: Commercialization and Scalability - The IDEAS™ model aids in the rapid deployment of the NVRO Process™ across various sulphidic tailings sites globally [5][6] - Digital replication through IDEAS™ provides a blueprint for efficient engineering, reducing design time and supporting a capital-light licensing model [6][8] - The combination of third-party validation and strong economics supports EnviroGold's global scalability, particularly in the U.S., Australia, and Europe [8][9] Group 3: Future Prospects - With the NVRO Process™ validated across digital, lab, and pilot stages, the company is advancing toward commercial project commitments [9]

Core Insights - EnviroGold Global Limited has achieved significant results in Phase 3 testing of its NVRO Process™, indicating strong potential for commercial implementation and multiple revenue streams from precious and critical metals recovery [1][2][6]. Summary by Sections Test Results - The NVRO Process™ demonstrated a gold recovery rate of 99.55% and silver recovery of 98.96%, surpassing previous benchmarks [6]. - Gold concentration increased by 380% from 5.5g/t to 20.9g/t, while silver concentration rose by 602% from 92g/t to 554g/t [6]. - Base and critical metals in the pregnant leach solution (PLS) increased by 8% [6]. - The results showed a strong correlation with Andritz IDEAS simulation modeling, confirming the reliability and scalability of the NVRO Process™ [6]. Environmental and Economic Impact - The project is expected to reduce acid mine drainage potential by 86% through the reduction of pyrite content [7]. - The tailings facilities contain over 9 million tonnes of material with gross in-situ metal values exceeding US $3 billion, primarily in gold and silver [8]. - The reprocessing plan aims to produce 1.2 million tonnes of saleable precious metal concentrates and achieve a 14% reduction in on-site tailings volumes [7]. Future Development - The next phase, Phase 4, will focus on validating mass balance, recovery performance, project economics, and environmental outcomes at scale [9]. - Management emphasized the exceptional technical and economic potential of the NVRO Process™ and its environmental benefits [10]. Company Overview - EnviroGold is a clean-technology company focused on recovering high-value metals from mine waste while minimizing environmental liabilities [11]. - The NVRO Process™ aligns with global demands for sustainable metal supply and responsible resource management, operating under a capital-light technology-licensing model [11].

Core Viewpoint - EnviroGold Global Limited has successfully converted and retired approximately $10.2 million in debt, marking a significant milestone as it moves towards the commercialization of its proprietary NVRO Process™ [1][3]. Debt Conversion and Financial Position - The company fully converted $4,119,000 in Convertible Promissory Notes into 68,650,446 shares at $0.06 per share, with additional shares issued for interest and costs [2]. - The retirement of all convertible and promissory liabilities results in a clean balance sheet, positioning the company for future growth [3]. Insider Transactions - Two insiders converted a total of $100,000 in principal of the Notes into common shares, which is classified as a related-party transaction under MI 61-101 [3]. - The company is relying on exemptions from formal valuation and minority shareholder approval requirements due to the fair-market value of the securities issued not exceeding C$2,500,000 [3]. Corporate Matters - The company will issue 1,851,852 common shares at a deemed price of $0.135 per share as partial payment for an engagement fee to Cantor Fitzgerald Canada Corporation [4]. - An aggregate of 850,000 common shares will be issued to the estate of former director Harold Wolkin in recognition of his services [5]. Equity Awards and Incentives - The company issued conversion premiums totaling 1,271,405 shares at a deemed price of $0.15 per share in connection with the Note conversions [6]. - On November 6, 2025, the company granted 5,637,501 restricted share units (RSUs), 18,500,000 performance share units (PSUs), and 257,000 stock options to directors and officers as incentive compensation [8]. Performance Conditions - The Options are exercisable at $0.14 per share for five years and vested upon issuance, while RSUs will vest in tranches according to individual agreements [9]. - PSUs are tied to performance-based milestones, including revenue thresholds and volume-weighted average price (VWAP) targets [10]. Company Overview - EnviroGold Global Limited focuses on transforming the mining industry by recovering high-value metals from mine waste and tailings, utilizing its proprietary NVRO Process™ for efficient, low-carbon extraction [14].

Core Insights - EnviroGold Global Limited has successfully converted and retired approximately $10.2 million in debt, which includes $9.1 million in principal and $1.1 million in interest and costs, marking a significant milestone as the company moves towards the commercialization of its proprietary NVRO Process™ [1][3] Debt Conversion Details - The January 2025 Convertible Promissory Notes, with a face value of $4,119,000, have been fully converted into 68,650,446 shares at a price of $0.06 per share, along with an additional 3,192,363 shares issued for interest and costs [2] - The conversion of insider-held Notes, totaling $100,000 in principal, has been included in the overall share issuances [3] Corporate Actions - The company will issue 1,851,852 common shares at a deemed price of $0.135 per share as partial payment for an engagement fee to Cantor Fitzgerald Canada Corporation [4] - An aggregate of 850,000 common shares at a deemed price of $0.115 per share will be issued to the estate of former independent director Harold Wolkin as full compensation for his services [5] Equity Incentives - In connection with the Note conversions, the company issued conversion premiums totaling 1,271,405 shares at a deemed price of $0.15 per share, with all shares subject to a statutory hold period [6] - The company granted 5,637,501 restricted share units (RSUs), 18,500,000 performance share units (PSUs), and 257,000 stock options to directors and officers as part of its Omnibus Equity Incentive Plan [8] Performance Conditions - The stock options are exercisable at a price of $0.14 per share for five years and vested upon issuance, while RSUs will vest in tranches according to individual agreements [9] - PSUs are tied to performance-based milestones, including revenue thresholds and volume-weighted average price (VWAP) targets [10] Company Overview - EnviroGold Global Limited focuses on transforming the mining industry by recovering high-value metals from mine waste and tailings, utilizing its proprietary NVRO Process™ for efficient, low-carbon extraction [14]

Core Insights - EnviroGold Global Limited has announced two strategic leadership appointments to enhance its growth and execution capabilities as it commercializes its proprietary NVRO Process™, a clean-technology solution for recovering metals from mine waste and tailings [1][9] Leadership Appointments - Arthur Gooch has been appointed as Chief Technology Officer (CTO), bringing over 20 years of global experience in process plant digital modeling, engineering, and automation [2][3] - Gooch's previous role was as Global Director of Autonomous Operations at Andritz, where he led R&D programs for AI-enabled industrial control systems [3][4] - Mike Nelson has been appointed as Project Manager, responsible for leading technical execution, including the operation of the Demonstration Plant and the engineering of the µNVRO™ mobile pilot plant [6][7] Expertise and Impact - Gooch's expertise in automation and AI is expected to accelerate the NVRO Process™ from pilot to commercial scale, enhancing efficiency and performance [5][8] - Nelson's extensive experience in international mining leadership will strengthen project delivery capabilities and stakeholder engagement [7][8] Company Overview - EnviroGold is focused on transforming the mining industry by recovering high-value metals while reducing environmental liabilities through its NVRO Process™, which aligns with global demands for sustainable metal supply [9][10] - The company operates under a capital-light technology-licensing model, combining innovation and ESG performance to deliver recurring revenue and long-term shareholder value [10]

Core Viewpoint - EnviroGold Global Limited successfully closed an upsized non-brokered private placement of $7.5 million, reflecting strong institutional and strategic investor demand, which enhances the company's financial position and supports its commercialization efforts [1][2][4]. Financing Details - The private placement raised gross proceeds of $7,519,237 through the issuance of 83,547,080 units at a price of $0.09 per unit, with each unit consisting of one common share and one warrant [4]. - The offering was initially targeted at $5 million but was increased to $7 million due to exceptional investor interest, with the first tranche closing on October 1, 2025, for $2,201,276 and the second tranche on October 15, 2025, for $5,317,960 [5]. Use of Proceeds - Proceeds will be strategically deployed to advance technology development, engineering programs, and the commercial roadmap, focusing on: - Technology & Engineering: advancing detailed modeling and technical studies for client deployments and technology license agreements [6]. - Demonstration Plant Campaigns: executing optimization runs to validate and scale the NVRO Process™ to full commercial readiness [7]. - Debt Reduction: selectively retiring short-term obligations to enhance financial flexibility [7]. - Working Capital: supporting operational resilience and global partnership development [8]. Strategic Partnerships - The inclusion of Pala Investments, a respected global investment firm, is seen as a significant milestone, validating EnviroGold's vision and adding institutional depth to its shareholder base [3]. Company Overview - EnviroGold Global is a clean-technology company focused on recovering high-value metals from mine waste while reducing environmental liabilities, utilizing its proprietary NVRO Process™ for efficient, low-carbon extraction [13]. - The company operates under a capital-light technology licensing model, aiming to deliver recurring revenue and long-term shareholder value through innovation and environmental stewardship [14].

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]