Disseminated on behalf of ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) and may include paid advertising.
- ESGold Corp., an exploration-stage company committed to the acquisition, exploration, and development of high-quality mineral properties worldwide, just closed its non-brokered private placement of follow-through common shares, for aggregate gross proceeds of $4,505,000
- These proceeds will help fund the exploration of its Montauban property in Quebec
- ESGold also engaged Atrium Research Corporation for research and publication of various reports on the investment case for ESGold, with services to run for 12 months
ESGold (CSE: ESAU) (OTCQB: ESAUF), an exploration-stage company committed to acquiring, exploring, and developing high-quality mineral properties worldwide, just announced the closing of its non-brokered private placement of follow-through common shares for aggregate gross proceeds of $4,505,000. The closing came just a few weeks after the company announced its intention to proceed with the private placement, tasking Red Cloud Securities Inc. as a finder in connection with the offering (https://ibn.fm/2NHRq).
In total, 5,300,000 shares were transacted at $0.85 per FT share, with Red Cloud Securities Inc. receiving an aggregate cash finder’s fee of $315,350. With the earnings, ESGold looks to fund exploration on its Montauban property in Quebec. The expenses are defined in paragraph (f) of the definition of…
NOTE TO INVESTORS: The latest news and updates relating to ESAUF are available in the company’s newsroom at https://ibn.fm/ESAUF
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