ESGold Corp. Secures $3.6 Million in Private Placement for Montauban Project Advancement

ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) has announced the closure of an oversubscribed non-brokered private placement, raising $3,649,171. This funding was achieved through the issuance of nearly 5 million units, each priced at $0.73. The financing round saw participation from both existing and new strategic investors, underscoring the confidence in ESGold's Montauban gold-silver project. The proceeds are earmarked for mill circuit construction, final mobilization at the Montauban site, and general working capital. Each unit sold includes a common share and a warrant, exercisable at $0.91 for a period of 18 months. Additionally, the company issued 226,863 finder’s warrants and paid $165,610 in finder’s fees as part of the arrangement. This financial milestone is pivotal for ESGold Corp. as it advances its Montauban project towards production, leveraging the funds to enhance its operational capabilities and resource recovery efforts. For more details, visit https://ibn.fm/afSZ7.