ESGold Corp. Expands Offering to Quebec, Engages AXINO Capital for European Marketing

ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) announced the filing of an amended offering document for its brokered LIFE offering, expanding the offering to include Quebec as a jurisdiction. This amendment is significant as Quebec is the location of the company's rapidly developing Montauban Project, indicating a strategic alignment between the fundraising effort and the company's core asset development. The terms of the offering remain unchanged from the initial announcement made 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 through the sale of up to 10,295,000 units at C$0.68 per unit.

The primary implication of this capital raise is the direct funding it provides for ESGold's flagship Montauban Project in Quebec. The company intends to use the net proceeds to advance this project, which is central to its growth strategy as a development-stage mineral exploration company. This financial injection is crucial for progressing exploration and development activities, potentially accelerating the project's timeline and enhancing its value. The inclusion of Quebec as an offering jurisdiction streamlines the investment process for local investors interested in a project within their region, potentially increasing participation and support.

Concurrently, ESGold Corp. has engaged AXINO Capital to provide marketing services in Europe. This move represents an important step in the company's European marketing outreach, broadening its investor base beyond North America. Engaging a specialized firm like AXINO Capital suggests a targeted approach to attract European investment capital, which is often significant in the mining and resources sector. This dual strategy of amending the offering for Quebec and initiating European marketing demonstrates a comprehensive effort to secure funding from multiple geographic sources, diversifying its investor pool and strengthening its financial position.

The funds raised are earmarked not only for the Montauban Project but also for general working capital and corporate purposes. This allocation provides the company with operational flexibility to manage its business activities beyond the specific project, supporting overall corporate stability and growth initiatives. For investors, this announcement signals active steps by ESGold to fund its key asset and expand its market presence. The brokered nature of the offering, facilitated by Red Cloud Securities, adds a layer of professional oversight to the capital-raising process. The latest news and updates relating to ESAUF are available in the company's newsroom at https://ibn.fm/ESAUF.