FAQ on ESGold Corp.'s $3.6 Million Private Placement for Montauban Project
Summary
What is the purpose of ESGold Corp.’s private placement?
The private placement, raising $3,649,171, is intended to fund mill circuit construction, final mobilization at the Montauban gold-silver project, and general working capital.
How much was raised in the private placement and at what price per unit?
ESGold Corp. raised $3,649,171 through the issuance of nearly 5 million units, each priced at $0.73.
What does each unit in the private placement include?
Each unit includes a common share and a warrant exercisable at $0.91 for 18 months.
Who backed the private placement?
The financing was backed by existing and new strategic investors.
What are the details of the finder’s warrants and fees?
The company issued 226,863 finder’s warrants and paid $165,610 in finder’s fees.
Where is ESGold Corp.’s flagship Montauban property located?
The Montauban property is located 80 kilometers west of Quebec City.
What is ESGold Corp.’s focus?
ESGold Corp. is a fully permitted, pre-production resource company focused on clean mining and exploration innovation, advancing projects toward production and feasibility while delivering long-term value through sustainable resource recovery and exploration.
Where can I find more information about ESGold Corp.?
More information about ESGold Corp. is available on their website at https://esgold.com/ and the latest news and updates are available in the company’s newsroom at https://ibn.fm/ESAUF.
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