ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF), a development-stage company focused on acquiring, exploring, and developing high-quality mineral properties, announced the filing of an amended offering document for its initial brokered LIFE offering. The amendment adds Quebec as an offering jurisdiction, where the company's flagship Montauban Project is located. The terms of the offering remain unchanged from the previously announced terms on February 19, 2026 (https://ibn.fm/7AjB4).
The brokered offering, led by Red Cloud Securities, aims to raise gross proceeds of up to C$7,000,600 through the sale of up to 10,295,000 units at a price of C$0.68 per unit. Each unit consists of one common share and one-half of one common share purchase warrant, with each whole warrant exercisable at C$0.85 for a period of 24 months following the closing date. The company intends to use the net proceeds to advance its Montauban Project in Quebec, as well as for general working capital and corporate purposes.
In addition to the amended offering, ESGold has engaged AXINO Capital to provide marketing services in Europe, as part of its European marketing outreach. This engagement is expected to enhance the company's visibility among European investors and support its broader financing efforts.
The Montauban Project is a rapidly developing asset for ESGold, and the additional capital from the LIFE offering is expected to accelerate its advancement. The inclusion of Quebec as an offering jurisdiction allows the company to tap into local investor interest, given the project's location in the province.
ESGold's commitment to high-quality mineral properties worldwide positions it for potential growth, and this financing move underscores its strategy to secure funding for key projects. The engagement of AXINO Capital further broadens its investor base internationally.
For more information about ESGold and its projects, investors can visit the company's newsroom at https://ibn.fm/ESAUF. This announcement is part of the company's ongoing efforts to communicate its progress and strategic initiatives to the investment community.
