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FAQ: ESGold Corp.'s C$2.98 Million Flow-Through Private Placement for Montauban Exploration
TL;DR
ESGold Corp. offers investors a strategic advantage through a C$2.975 million private placement to fund exploration at its Montauban Property, potentially unlocking valuable resources ahead of competitors.
ESGold Corp. plans to raise up to C$2.975 million via 3.5 million flow-through shares at C$0.85 each, with proceeds allocated to exploration at its Quebec property under specific tax definitions.
ESGold Corp.'s funding supports sustainable mining practices at its Montauban Property, advancing clean resource recovery that contributes to responsible environmental stewardship and long-term community value.
ESGold Corp. is raising nearly C$3 million to explore its flagship Quebec property, showcasing how modern mining companies combine investment opportunities with innovative clean mining approaches.
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ESGold Corp. intends to raise up to C$2,975,000 through a non-brokered private placement of up to 3.5 million flow-through shares priced at C$0.85 each to fund exploration at its Montauban Property in Quebec.
The company plans to use all proceeds from the private placement to fund exploration at its Montauban Property in Quebec, with all funds allocated to Qualifying Expenditures under federal and provincial tax definitions.
The company will issue up to 3.5 million flow-through shares at C$0.85 each, with Red Cloud Securities acting as finder, and all securities will carry a four-month-plus-one-day hold period.
Closing is expected on or about December 8, 2025, subject to customary corporate and regulatory approvals.
ESGold's flagship Montauban property is located 80 kilometers west of Quebec City, Canada.
ESGold Corp. is a fully permitted, preproduction resource company at the forefront of clean mining and exploration innovation, focusing on sustainable resource recovery and exploration in Quebec.
ESGold Corp. (CSE: ESAU, OTCQB: ESAUF) is conducting the private placement, with Red Cloud Securities acting as finder for the transaction.
All funds from the private placement will be allocated to Qualifying Expenditures under federal and provincial tax definitions, providing tax benefits to investors through flow-through shares.
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/rE3r5.
Rocks & Stocks is a specialized communications platform within IBN's Dynamic Brand Portfolio that delivers mining industry insights and distributed this content, which includes paid advertising on behalf of ESGold Corp.
Curated from InvestorBrandNetwork (IBN)
