Northwire Canada EditionTuesday, November 3, 2026
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Gold 3,969.60 +1.8% Silver 50.89 +3.3% Copper 6.54 +0.9% Oil 96.46 −7.4% Palladium 962.50 −2.5% QRO 0.030 +0.0% PGC 0.030 +0.0% SASK 0.840 −2.3% GIGA 0.050 +0.0% WDO 26.12 +2.2% ERO 40.76 +0.2% BIRD 0.160 −13.5% ODV 3.20 −1.8% FVI 12.72 +3.1% SRI 0.015 + BTR 0.125 +4.2% NVO 0.065 +8.3% BTT 0.110 +4.8% MUX 19.55 +0.8% SCD 0.150 +0.0% PPX 0.220 +0.0% Gold 3,969.60 +1.8% Silver 50.89 +3.3% Copper 6.54 +0.9% Oil 96.46 −7.4% Palladium 962.50 −2.5% QRO 0.030 +0.0% PGC 0.030 +0.0% SASK 0.840 −2.3% GIGA 0.050 +0.0% WDO 26.12 +2.2% ERO 40.76 +0.2% BIRD 0.160 −13.5% ODV 3.20 −1.8% FVI 12.72 +3.1% SRI 0.015 + BTR 0.125 +4.2% NVO 0.065 +8.3% BTT 0.110 +4.8% MUX 19.55 +0.8% SCD 0.150 +0.0% PPX 0.220 +0.0%
Financings

ESGold Announces the Closing of its Brokered LIFE Offering for Gross Proceeds of C$7.2 Million

By The Northwire Desk — AI Analysis Mar 10, 2026 · 09:29 ESAU · 0.63 ESGold Corp.
ESAU · Price

Executive Summary

  • ESGold Corp. closed a “best efforts” private placement raising gross proceeds of C$7,264,440.
  • The offering consisted of 10,683,000 units sold at C$0.68 per unit; each unit includes one common share and half of a warrant exercisable at C$1.00 until March 10 2029.
  • Net proceeds will be used to advance the Montauban Gold‑Silver Project in Québec and for general working capital and corporate purposes.

Key Details

  • Units sold: 10,683,000 units @ C$0.68 per unit → gross proceeds of C$7,264,440.
  • Unit composition: 1 common share + ½ warrant (warrant allows purchase of one common share at C$1.00 any time before March 10 2029).
  • Use of proceeds: Advancement of the flagship Montauban Project in Québec; general working capital and corporate purposes.
  • Agent & bookrunner: Red Cloud Securities Inc., which received a cash fee of C$406,531 and 597,840 non‑transferable broker warrants (exercisable at the offering price, same expiry as unit warrants).
  • Broker warrant hold period: Subject to a Canadian hold period expiring July 11 2026.
  • Regulatory framework: Units issued under NI 45‑106 listed issuer financing exemption; immediately freely tradeable in Canada.
  • Closing condition: Final approval by the Canadian Securities Exchange (CSE) pending.
  • U.S. securities law disclaimer: Securities not registered in the U.S.; cannot be offered or sold to U.S. persons absent registration or exemption.

Notable Quotes

(No direct quotes were provided in the release.)

Read the original news release →

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