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FAQ: ESGold Corp.'s Increased Private Placement and Exploration Funding
TL;DR
ESGold Corp. increased its private placement to $4.5 million, offering investors early access to flow-through shares for tax advantages and funding exploration at its Quebec property.
ESGold Corp. plans to issue up to 5.3 million flow-through shares at $0.85 each through Red Cloud Securities, with proceeds funding exploration at the Montauban Property under tax rules.
ESGold Corp.'s funding supports clean mining innovation and sustainable resource recovery at its Quebec property, advancing responsible practices for long-term environmental and community value.
ESGold Corp.'s Montauban property near Quebec City combines near-term production with district-scale discovery potential, showcasing modern mining innovation in a fully permitted operation.
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ESGold Corp. has increased the maximum gross proceeds of its planned non-brokered private placement to $4,505,000 due to strong investor interest, offering up to 5.3 million flow-through shares at $0.85 each.
The company increased the maximum from the original amount due to strong investor interest and demand for the offering.
Proceeds will fund exploration at the Montauban Property in Quebec and will be allocated to Qualifying Expenditures under federal and provincial tax rules.
ESGold Corp. is conducting the offering with Red Cloud Securities serving as exclusive finder for the transaction.
Closing is expected on or about December 8, 2025, subject to regulatory approvals.
All securities will carry a four-month-plus-one-day hold period from the closing date.
ESGold's flagship Montauban property is located 80 kilometers west of Quebec City, Canada.
ESGold Corp. is a fully permitted, preproduction resource company focused on clean mining and exploration innovation, with proven expertise in Quebec.
The latest news and updates relating to ESAUF are available in the company's newsroom at https://ibn.fm/ESAUF, and the full press release can be viewed at https://ibn.fm/CShtE.
Flow-through shares allow investors to benefit from tax deductions for Qualifying Expenditures under federal and provincial tax rules, making them attractive for funding exploration activities.
Curated from InvestorBrandNetwork (IBN)

