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ESGold Corp. Secures $3.3 Million Financing to Advance into Near-Term Gold Production

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ESGold Corp. Secures $3.3 Million Financing to Advance into Near-Term Gold Production

ESGold Corp. (CSE: ESAU) (OTCQB: SEKZF) (FSE: Z7D) is pleased to announce the successful completion of a non-brokered private placement, which was conditionally reserved with the Canadian Securities Exchange on June 15, 2025. The Offering consisted of 4,541,845 units at a price of $0.73 per Unit, for gross proceeds of $3,315,547.

The financing saw strong continued support from existing investors, including key stakeholders as well as New York-based hedge funds and family offices. Their ongoing participation highlights the growing institutional confidence in ESGold’s clean production model and its near-term exploration potential.

This financing marks a critical milestone for ESGold,” said Paul Mastantuono, CEO of ESGold Corp. “With construction now underway, we are entering the final stages before initiating production. Together with our partners, we are building ESGold into Canada’s next producing mining company.”

Each Unit in the Offering consists of one common share in the capital of the Company and one transferrable common share purchase warrant. Each whole warrant entitles the holder to purchase one additional common share of the Company at an exercise price of $0.91 per share price for a period of 18 months from the date of closing.

In connection with the financing, the company will pay a cash finder’s fee of C$150,930 and issue 206,755 finders’ warrants. The finders’ warrants will be exercisable into common shares for a period of 18 months from the date of closing at an exercise price of C$0.91 cents per common share.

All securities issued in connection with the offering are subject to a restricted hold period of four months and one day from the date of closing of the offering under applicable securities legislation. The Offering is subject to CSE approval, and the Company anticipates that it will close within five (5) business days on June 30, 2025.

About ESGold Corp.
ESGold Corp. (CSE: ESAU) (OTCQB: SEKZF) (FSE: Z7D) is a fully permitted, pre-production resource company at the forefront of clean mining and exploration innovation. With proven expertise in Quebec, the Company is advancing its projects toward production and feasibility while delivering long-term value through sustainable resource recovery and exploration. ESGold’s flagship Montauban property, located 80 kilometers west of Quebec City, serves as a model for responsible mining practices, combining near-term production with district-scale discovery potential.

 

For more information, please contact ESGold Corp. at +1-888-370-1059 or visit esgold.com for additional resources, including a French version of this press release, past news releases, a 3D model of the Montauban processing plant, media interviews, and opinion-editorial pieces.

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Posted June 23, 2025

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