Curated News
By: NewsRamp Editorial Staff
June 25, 2026
ESGold Secures $9M Facility, Dore Deal with Ocean Partners
TLDR
- ESGold secures C$9M non-dilutive financing from Ocean Partners, boosting production strategy without shareholder dilution.
- ESGold signed a definitive dore purchase agreement with Ocean Partners, funding Montauban Project development via 100% of gold and silver production.
- ESGold advances clean, sustainable mining at Montauban, aiming for 2026 production to responsibly meet global metal demand.
- ESGold transitions from development to near-term producer with a fully permitted, fully funded project in Quebec.
Impact - Why it Matters
This agreement is critical for ESGold as it provides non-dilutive funding and a guaranteed offtake partner, de-risking the path to production. For investors, it signals that a major metals trader has validated the project's viability, potentially boosting confidence in ESGold's ability to become a cash-flowing producer by 2026. The deal also highlights a trend of mining juniors securing strategic partnerships to advance projects without diluting shareholders.
Summary
ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) has taken a significant step toward production by signing a definitive gold and silver dore purchase agreement with Ocean Partners UK Ltd. Under the deal, Ocean Partners will purchase 100% of the dore production from ESGold's flagship Montauban Project in Quebec. In return, ESGold gains access to a non-dilutive working capital facility of up to C$9 million, providing crucial funding without diluting shareholder equity. This agreement marks a pivotal transition for the company from a development-stage entity to a near-term producer, as highlighted by CEO Gordon Robb. Robb emphasized that Ocean Partners is an internationally respected organization with extensive experience in metals trading, mine finance, and global mining operations, and that securing this deal validates the progress of the ESGold team.
The Montauban Project is fully permitted and under construction, with production anticipated in 2026. ESGold is advancing a scalable clean mining model across North and South America, aiming to generate cash flow while pursuing discovery opportunities. The company's dual-track strategy focuses on sustainable growth and long-term shareholder value. For investors seeking the latest updates, news and updates relating to ESAUF are available in the company's newsroom. The full article detailing the agreement can be accessed at the provided link.
MiningNewsWire (MNW), a specialized communications platform within the Dynamic Brand Portfolio @ IBN, disseminated this news. MNW focuses on developments in the Global Mining and Resources sectors, offering services such as press release enhancement, social media distribution, and editorial syndication to 5,000+ outlets. The platform aims to cut through information overload, providing clients with recognition and brand awareness. For more information, visit MiningNewsWire.com.
Source Statement
This curated news summary relied on content disributed by InvestorBrandNetwork (IBN). Read the original source here, ESGold Secures $9M Facility, Dore Deal with Ocean Partners
