sur ESGold Corp (CVE:ESAU)
ESGold Corp. Finalizes $4.5 Million Flow-Through Share Offering
ESGold Corp. has successfully closed its non-brokered private placement, raising $4.5 million through the sale of 5,300,000 flow-through shares at $0.85 each. The proceeds are earmarked for exploration at the Montauban Property in Quebec. This investment will fund Canadian exploration expenses, qualifying as flow-through mining expenditures under Canadian tax law.
Red Cloud Securities Inc. facilitated the Offering, earning a $315,350 finder's fee. All issued securities are subject to a statutory hold period, expiring on April 9, 2026. ESGold's strategic focus remains on leveraging these funds for ongoing exploration efforts.
ESGold is advancing clean mining initiatives in North and South America, with the Montauban Project expected to commence production in 2026.
R. H.
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