ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) Strengthens Financial Position by C$9 Million Strategic Partnership with Ocean Partners

• ESGold Corp., a development stage company committed to the acquisition, exploration, and development of high-quality mineral properties worldwide, has inked a C$9 million binding term sheet with Ocean Partners UK Ltd.
• The facility bolsters the company’s financial position while affording it flexibility as it advances exploration on its Montauban facility
• The funds will be drawn in two tranches of C$3 million and C$6 million, respectively, both dependent on anticipated Phase 1 and Phase 2 production on the facility
• This validates the company’s strategy of advancing permitted, low-capex projects designed to generate high-margin returns while minimizing dilution

ESGold (CSE: ESAU) (OTCQB: ESAUF), an development-stage company committed to the acquisition, exploration, and development of high-quality mineral properties worldwide, just inked a C$9 million binding term sheet with Ocean Partners UK Ltd. This agreement bolsters the company’s financial position, while affording it flexibility as it continues to explore and advance its Montauban Gold-Silver Project in Quebec. It is an incredible milestone that guarantees a stable, long-term sales channel for all its gold and silver dore, while further creating certainty around revenue realization and reinforcing the project’s economic foundation (https://ibn.fm/lisS4).

The Montauban project boasts a rich mining history dating back to the early 1900s. Located just 80km west of Quebec City, this facility combines immediate revenue potential for ESGold with transformational exploration upside. So far, the company has invested over C$15 million in infrastructure, including power access, roads, and a 20,000 sq. ft. processing facility, demonstrating its confidence in the facility and its economic potential.

All permits for production are in place. Construction is underway, and on track to kick off production in 2026. The Ocean Partners funding commitment aims to make this a reality, while also providing an opportunity to generate cash flow without diluting its equity.

“This agreement with Ocean Partners is an important step forward for ESGold,” noted Gordon Robb, ESGold’s CEO.

“Ocean Partners’ support ensures that debt obligations will be serviced through operating cash flow rather than equity dilution, while establishing a stable long-term sales channel for the gold and silver dore produced from Montauban,” he added (https://ibn.fm/lisS4).

The C$9 million facility will be drawn in two tranches. The first, a C$3 million tranche, will be available three months before anticipated Phase 1 production, which is expected in February 2026. The second tranche of C$6 million will be available approximately five months before Phase 2 production, which is projected for March 2027. Its repayment will be made through dore deliveries in line with structured schedules per tranche, with Ocean Partners set to purchase 100% of the gold and silver dore from Montauban tailings and crown pillar material, subject to minimum deliveries of 50,000 oz of gold and 1,000,000 oz of silver.

“The Montauban project is exactly the type of innovative opportunity in which we like to be involved,” noted Brent Omland, Ocean Partners’ CEO. “ESGold has found an economically viable path forward for precious metal production from tailings and surface rock. We are very pleased to form a long-lasting partnership with the ESGold team and are excited about the long-term potential in this area of Quebec,” he added (https://ibn.fm/lisS4).

With this agreement, ESGold is now a fully funded company with the financial strength, strategic partnerships, and operational readiness to meet its 2026 Montauban production deadline. It also positions it ahead of competitors while further validating the company’s strategy of advancing permitted, low-capex projects designed to generate high-margin returns while minimizing dilution. As such, it points to ESGold’s future success as it firmly asserts its position as a leader in its space.

For company information, visit the company’s website at www.ESGold.com.

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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