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FAQ: ESGold Corp. Private Placement Funding for Montauban Property Exploration
TL;DR
ESGold Corp. raised $4.5 million in a private placement, providing capital to advance exploration of its Montauban property and potentially gain a competitive edge in mineral discovery.
ESGold Corp. closed a non-brokered private placement of 5.3 million follow-through shares at $0.85 each, with proceeds funding Quebec property exploration and a 12-month research engagement.
ESGold Corp.'s funding supports mineral exploration in Quebec, potentially contributing to resource development that could benefit local economies and future sustainable material supplies.
ESGold Corp. secured $4.5 million while engaging Atrium Research for investment reports, combining capital raising with strategic analysis for its global mineral exploration efforts.
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ESGold Corp. has closed a non-brokered private placement of flow-through common shares, raising $4,505,000 in gross proceeds to fund exploration of its Montauban property in Quebec.
The company raised $4,505,000 through a private placement of 5,300,000 flow-through common shares at $0.85 per share.
The proceeds will specifically fund exploration activities on ESGold's Montauban property located in Quebec, Canada.
Red Cloud Securities Inc. acted as a finder for the offering and received an aggregate cash finder's fee of $315,350.
ESGold engaged Atrium Research Corporation to research and publish various reports on the investment case for ESGold, with services contracted to run for 12 months.
The company's Montauban property, which will receive funding from this private placement, is located in Quebec, Canada.
ESGold Corp. is an exploration-stage company focused on acquiring, exploring, and developing high-quality mineral properties worldwide.
The latest news and updates relating to ESGold (ticker: ESAUF) are available in the company's newsroom at https://ibn.fm/ESAUF.
ESGold Corp. trades on the Canadian Securities Exchange under the ticker ESAU and on the OTCQB market under the ticker ESAUF.
Curated from InvestorBrandNetwork (IBN)
