ESGold Corp. Advances Montauban Gold-Silver Project with $3.3 Million Private Placement
TL;DR
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.
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ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) has taken a significant step forward in the development of its Montauban Gold-Silver Project by launching a $3.3 million private placement. This non-brokered private placement offers units at $0.73 each, consisting of one common share and one share purchase warrant, exercisable at $0.91 for 18 months. The initial closing is scheduled for June 20, 2025, with potential for additional tranches, pending approval by the Canadian Securities Exchange.
The funds raised are designated for critical components of the Montauban Project, including the construction of the mill circuit, final site mobilization, and general working capital to ensure the project's advancement. Located 80 kilometers west of Quebec City, the Montauban Project is a testament to responsible mining, combining near-term production objectives with the potential for district-scale discoveries, all while adhering to sustainable resource recovery and exploration principles.
This financial initiative reflects ESGold Corp.'s commitment to not only advancing its flagship project but also to delivering long-term value to its stakeholders. The Montauban Project's progress is a significant indicator of the company's strategic approach to mining, showcasing how responsible practices can align with financial and operational success. For more information on ESGold Corp. and its projects, visit https://www.esgoldcorp.com.
Curated from InvestorBrandNetwork (IBN)
