ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF), a development-stage company focused on acquiring 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 announcement made on February 19, 2026, as detailed in the previous filing (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$0.90 for a period of 24 months from closing. 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 offering, ESGold has engaged AXINO Capital to provide marketing services in Europe as part of its European marketing outreach. This move signals the company's intention to broaden its investor base internationally. The Montauban Project, located in the Abitibi region of Quebec, is a past-producing gold and silver mine with significant exploration potential. ESGold has been actively advancing the project through exploration and development activities.
The inclusion of Quebec as an offering jurisdiction is strategic, given the province's supportive mining regulations and the project's location. The offering is subject to regulatory approvals, including from the Canadian Securities Exchange. For more information about ESGold and its latest updates, investors can visit the company's newsroom (https://ibn.fm/ESAUF). This announcement underscores ESGold's commitment to advancing its mineral properties and securing the necessary funding to move its projects forward.
