ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF), a development-stage company focused on the acquisition, exploration, and development of high-quality mineral properties, has announced the filing of an amended offering document for its initial brokered LIFE offering. The amendment includes Quebec as an offering jurisdiction, site of the company’s rapidly developing Montauban Project, while the terms of the offering remain the same as previously announced on February 19, 2026 (https://ibn.fm/7AjB4).
The offering, brokered by Red Cloud Securities, aims to raise gross proceeds of up to C$7,000,600 from the sale of up to 10,295,000 units at 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 into one common share at C$0.90 for 24 months following the closing date.
ESGold intends to use the net proceeds to advance its flagship Montauban Project in Quebec, as well as for general working capital and corporate purposes. The Montauban Project is a rapidly developing asset that positions the company for growth in the mineral exploration sector.
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 capital market activities.
The inclusion of Quebec as an offering jurisdiction is significant given the province's rich mining history and supportive regulatory environment for mineral exploration. The Montauban Project, located in Quebec, benefits from proximity to infrastructure and a skilled workforce, which could accelerate development timelines.
Investors can find the latest news and updates relating to ESAUF in the company’s newsroom at https://ibn.fm/ESAUF. The announcement underscores ESGold's commitment to advancing its mineral properties and expanding its investor base both domestically and internationally.
