NewsRamp is a PR & Newswire Technology platform that enhances press release distribution by adapting content to align with how and where audiences consume information. Recognizing that most internet activity occurs outside of search, NewsRamp improves content discovery by programmatically curating press releases into multiple unique formats—news articles, blog posts, persona-based TLDRs, videos, audio, and Zero-Click content—and distributing this content through a network of news sites, blogs, forums, podcasts, video platforms, newsletters, and social media.
FAQ: ESGold Corp.'s C$4.5 Million Flow-Through Share Private Placement for Montauban Exploration
TL;DR
ESGold Corp's increased C$4.5 million private placement offers investors early access to potential gold discovery gains through Montauban Property exploration.
ESGold Corp will issue up to 5.3 million flow-through shares at $0.85 each in a non-brokered private placement to fund Quebec mineral exploration.
ESGold Corp's exploration funding advances responsible mineral development, potentially creating economic opportunities and supporting sustainable resource management in Quebec communities.
Strong investor demand doubled ESGold Corp's private placement to C$4.5 million, targeting gold discovery at their historic Montauban Property in Quebec.
Found this article helpful?
Share it with your network and spread the knowledge!
ESGold Corp. is announcing a non-brokered private placement to raise up to C$4.5 million by issuing up to 5.3 million flow-through common shares at 85 cents per share.
The offering was increased from C$2.9 million to C$4.5 million due to strong investor demand, indicating significant interest in the company's exploration plans.
The proceeds will be channeled into exploration of ESGold's Montauban Property in Quebec to unlock the property's gold potential and bring it closer to monetization.
ESGold Corp. (CSE: ESAU, OTCQB: ESAUF) is conducting the offering, with Red Cloud Securities Inc. serving as a finder in connection with the placement.
The company is offering flow-through common shares, which are typically structured to provide tax benefits to investors by allowing exploration expenses to flow through to shareholders.
The Montauban Property is located in Quebec, Canada, where ESGold plans to conduct exploration activities with the raised funds.
Each flow-through share is being offered at 85 cents (C$0.85) per share.
The latest news and updates relating to ESGold (ESAUF) are available in the company's newsroom at https://ibn.fm/ESAUF.
ESGold Corp. is an exploration-stage company committed to the acquisition, exploration, and development of high-quality mineral properties worldwide.
This is a non-brokered private placement, meaning the company is conducting the offering directly rather than through investment banks acting as underwriters.
Curated from InvestorBrandNetwork (IBN)
