Blockchain Registration Transaction Record

ESGold Secures Offtake Deal and C$9M Facility for Montauban Project

ESGold Corp. signs gold and silver doré purchase agreement with Ocean Partners for Montauban project, securing up to C$9M working capital facility. Stock tickers: ESAU, ESAUF.

This news matters because it de-risks ESGold's path to production at the Montauban Gold-Silver Project. By locking in a buyer for 100% of future doré production and securing non-dilutive financing, ESGold reduces financial uncertainty and provides a clear revenue pathway. For investors, this signals project viability and management's ability to execute, potentially enhancing shareholder value. The agreement also highlights growing interest in Canadian critical mineral assets, with implications for the regional mining economy and clean metal supply chains.