Curated News
By: NewsRamp Editorial Staff
December 09, 2025

ESGold Raises $4.5M to Fuel Quebec Gold Exploration and Clean Mining Push

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Original Source

TLDR

  • ESGold Corp. raised $4.5M to fund exploration, offering investors tax advantages and positioning for potential gold-silver production by 2026.
  • ESGold issued 5.3M flow-through shares at $0.85 each, with proceeds allocated to Quebec exploration under specific tax rules and a four-month hold period.
  • ESGold's clean mining model and sustainable growth strategy aim to create long-term value while advancing environmentally responsible resource development.
  • ESGold is building a dual-track mining platform with projects in Quebec and Colombia, targeting both immediate cash flow and future discoveries.

Impact - Why it Matters

This news matters because it highlights ESGold Corp.'s progress in securing critical funding for its Montauban Project, a key development in the mining sector with implications for investors, local economies, and environmental sustainability. For investors, the successful private placement signals confidence in ESGold's strategy and could enhance shareholder value through accelerated exploration and potential future production. The focus on Qualifying Expenditures under tax rules offers tax benefits to investors, making it an attractive opportunity. Environmentally, ESGold's emphasis on a clean mining model addresses growing concerns about sustainable resource extraction, potentially setting a precedent for the industry. In Quebec, the project could boost local employment and economic activity, while the joint venture in Colombia taps into a region with significant gold potential, expanding ESGold's footprint. Overall, this move supports the transition toward more responsible mining practices while driving growth in a sector crucial for global supply chains.

Summary

ESGold Corp., a fully permitted and funded pre-production mining company, has successfully closed a significant non-brokered private placement, raising $4,505,000 through the sale of 5,300,000 flow-through shares at $0.85 each. The key players in this financing include ESGold Corp. itself, which trades on the CSE as ESAU and on the OTCQB as ESAUF, and Red Cloud Securities, which acted as the finder and received $315,350 in cash finder fees. The core message centers on ESGold's strategic funding to accelerate exploration at its flagship Montauban Gold-Silver Project in Quebec, with proceeds specifically allocated to Qualifying Expenditures under federal and provincial tax rules, to be incurred by December 31, 2026, and renounced by December 31, 2025. All securities from this placement are subject to a four-month-and-one-day hold period ending April 9, 2026.

The company is advancing a scalable clean mining model across North and South America, with the Montauban Property under construction and production anticipated in 2026. ESGold is also pursuing a joint venture in Colombia, focusing on tailings reprocessing and systematic exploration in one of South America's most prolific gold regions. This dual-track strategy aims to generate cash flow in the near term while fostering long-term discovery and sustainable growth. For more details, investors can view the full press release via the provided link to the InvestorBrandNetwork, which disseminated this news on behalf of ESGold Corp., potentially including paid advertising.

Additional resources are available through ESGold's website, including a French version of the press release, past news releases, a 3D model of the Montauban processing plant, and media interviews. The news was distributed by MiningNewsWire, a specialized communications platform within the Dynamic Brand Portfolio of IBN, offering services like wire solutions, editorial syndication, and social media distribution to enhance brand awareness in the global mining sector. To stay updated, investors can access the latest news relating to ESAUF in the company's newsroom or sign up for SMS alerts from MiningNewsWire by texting "BigHole" to 888-902-4192, as detailed in the release.

Source Statement

This curated news summary relied on content disributed by InvestorBrandNetwork (IBN). Read the original source here, ESGold Raises $4.5M to Fuel Quebec Gold Exploration and Clean Mining Push

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