MiningNewsBreaks – ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) Secures Up to C$9 Million Facility to Advance Montauban Project
This article has been disseminated on behalf of ESGold and may include a paid advertisement. ESGold (CSE: ESAU) (OTCQB: ESAUF) announced it has signed a binding term sheet with Ocean Partners UK Ltd. for a Prepayment and Working Capital Facility of up to C$9 million to support completion of its Montauban Gold-Silver Project in Quebec and provide working capital. The facility, to be drawn in two tranches aligned with Phase 1 and Phase 2 production timelines, will be repaid through dore deliveries under an offtake agreement that commits Ocean Partners to purchase 100% of Montauban’s gold and silver output, with financing…