ESGold Corp. Enters Definitive Dore Purchase Agreement, Secures Up to C$9 Million Working Capital Facility

June 25th, 2026 7:40 PM
By: Newsworthy Staff

ESGold Corp. signs a definitive gold and silver dore purchase agreement with Ocean Partners UK Ltd., securing a non-dilutive working capital facility of up to C$9 million, marking its transition from a development-stage company to near-term production at the Montauban Project.

ESGold Corp. Enters Definitive Dore Purchase Agreement, Secures Up to C$9 Million Working Capital Facility

ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) has achieved a significant milestone in its journey toward becoming a near-term gold and silver producer. The company announced it has entered into a definitive gold and silver dore purchase agreement with Ocean Partners UK Ltd., an internationally recognized metals trading and mine finance firm. Under the terms of the agreement, Ocean Partners will purchase 100% of the dore production from ESGold's flagship Montauban Project in Quebec. In return, ESGold gains access to a non-dilutive working capital facility of up to C$9 million, providing crucial funding as the company advances toward production.

ESGold CEO Gordon Robb emphasized the importance of this agreement, stating, "Ocean Partners is an internationally respected organization with extensive experience across metals trading, mine finance, and global mining operations. Securing a definitive agreement with a group of this caliber significantly strengthens our production strategy and validates the progress our team has made behind the scenes." The deal marks a turning point for ESGold, transitioning from a development-stage company to a near-term producer.

The Montauban Project is fully permitted and under construction, with production anticipated in 2026. ESGold is executing a dual-track strategy focused on generating cash flow from the Montauban project while pursuing exploration opportunities to drive future growth. The company is building a platform for clean, sustainable mining operations across North and South America, emphasizing scalable and environmentally responsible practices.

Ocean Partners brings deep expertise in metals trading, mine finance, and global mining operations, lending credibility to ESGold's production plans. The non-dilutive working capital facility avoids shareholder dilution, a key advantage for existing investors. The agreement also includes provisions for ongoing collaboration as ESGold ramps up production.

For more details on the agreement, visit the full article at https://ibn.fm/BX0GN. Investors can find the latest news and updates on ESGold at https://ibn.fm/ESAUF.

This development underscores ESGold's progress in advancing the Montauban Project toward production. With a clear path to cash flow and a strong partner in Ocean Partners, ESGold is positioning itself for sustainable growth and long-term shareholder value.

Source Statement

This news article relied primarily on a press release disributed by InvestorBrandNetwork (IBN). You can read the source press release here,

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