Curated News
By: NewsRamp Editorial Staff
June 17, 2025
ESGold Corp. Announces $3.285M Private Placement for Mining Projects
TLDR
- ESGold Corp. offers investors a strategic opportunity to gain early entry into its Montauban Gold-Silver Project through a $0.73 per unit private placement, potentially yielding high returns.
- ESGold Corp. plans a non-brokered private placement of units at $0.73 each, aiming for $3.285 million to fund mill construction and project mobilization, pending CSE approval.
- ESGold Corp.'s funding initiative supports sustainable mining practices in Quebec, advancing clean mining and exploration for long-term environmental and economic benefits.
- Discover how ESGold Corp. is pioneering clean mining in Quebec with its latest funding round aimed at accelerating the Montauban Gold-Silver Project towards production.
Impact - Why it Matters
This news is crucial for investors and stakeholders in the mining sector, as it highlights ESGold Corp.'s strategic steps towards funding its clean mining and exploration projects. The successful completion of this private placement could significantly advance the Montauban Gold-Silver Project, showcasing the potential for sustainable and innovative mining practices in Quebec. It also reflects the growing interest and investment in responsible resource recovery, which is vital for the future of the mining industry and environmental sustainability.
Summary
ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) has announced a significant non-brokered private placement, aiming to raise up to $3.285 million through the sale of units at $0.73 each. Each unit includes one common share and a share purchase warrant, with the latter exercisable at $0.91 within 18 months. The funds are earmarked for the construction of a mill circuit, final mobilization at the Montauban Gold-Silver Project, and general working capital, pending approval from the Canadian Securities Exchange. This move underscores ESGold's commitment to advancing its clean mining and exploration initiatives in Quebec, with the Montauban property being a cornerstone of its sustainable and innovative mining practices.
The announcement was highlighted by Rocks & Stocks, a specialized communications platform within the Dynamic Brand Portfolio of IBN, known for its deep insights into the mining industry and its ability to disseminate information across a wide network. ESGold's strategic funding initiative is a testament to its pre-production resource company status and its focus on delivering long-term value through responsible mining and exploration. For more details, the full press release can be accessed via the provided link, offering investors and stakeholders a closer look at ESGold's ambitious plans and the potential impact on the mining sector.
Source Statement
This curated news summary relied on content disributed by InvestorBrandNetwork (IBN). Read the original source here, ESGold Corp. Announces $3.285M Private Placement for Mining Projects
