ESGold Corp. Announces Closing of Unit Private Placement
VANCOUVER, BRITISH COLUMBIA – November 28, 2024 – TheNewswire – ESGold Corp. (“ESGold” or the “Company”) (CSE: ESAU, Frankfurt: N2W, OTC: SEKZF) announces that further to its news release dated November 12, 2024, it has closed a non-brokered private placement (the “Offering”) of 222,222 units (the “Units”) at a price of $0.18 per Unit, for aggregate gross proceeds of $40,000.
Each Unit consisted of one common share in the capital of the Company (the “Shares”) and one-half of one common share purchase warrant (the “Warrants”). Each whole Warrant will entitle the holder to acquire one common Share (the “Warrant Shares”) at an exercise price of $0.27 per common Share for a period of eighteen (18) months from the closing date.
All securities issued in connection with the Offering or subject to a restricted hold period of four months and one day from the date of closing of the Offering under applicable securities legislation.
The Company intends to use the proceeds raised from the Offering for administrative expenses and for general corporate purposes.
The securities issued pursuant to the Offering have not, nor will they be registered under the United States Securities Act of 1933, as amended, and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons in the absence of U.S. registration or an applicable exemption from the U.S. registration requirements. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in the United States or in any other jurisdiction in which such offer, solicitation or sale would be unlawful.
About ESGold Corp.
ESGold Corp. (CSE: ESAU | OTC: SEKZF | FSE: Z7D) is a resource exploration and processing company focused on environmentally responsible development. With proven expertise in Quebec, the Company is advancing its projects toward feasibility and production, creating long-term value through sustainable resource recovery. ESGold’s flagship Montauban property, located 80 kilometers west of Quebec City, exemplifies its commitment to innovation and responsible mining practices.
For more information, please contact ESGold Corp. at +1-888-673-1231 or visit esgold.com for additional resources, including a French version of this press release, past news releases, a 3D model of the Montauban processing plant, media interviews, and opinion-editorial pieces.
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On behalf of the Board of Directors,
ESGold Corp.
“Brad Kitchen”
President, Director
Email: info@esgold.com
Neither the Canadian Securities Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.