(TheNewswire)
October 12, 2023– TheNewswire – Vancouver, BC - ESGoldCorp. ( “ESGold” or the “Company” ) (CSE:ESAU ) ( Frankfurt:N2W ) ( OTC:SEKZF) is pleased to announce that theCompany (the “Borrower”) has entered into a CAD $2.0 millionsecured loan agreement (the “Loan Agreement”) with La Maison duPrêt (the ‘Lender’), a private lending company located inMontreal, Quebec, Canada that provides short term financing solutions.The funds are available for use by the Borrower, at the Company’sdiscretion, by way of advances under the Loan Agreement.
The Loan Agreement bears interest at a rate of eighteen percent(18%) per annum and is repayable in 12 months following finaldisbursement. The Loan Agreement also includes an extension clause, atthe option of the Company. The Company is responsible for allfe e s andexpenses relating to the loan. The proceeds of the loan will be usedby the Company to advance the development of the Montaubanproject.
About the Company
ESGold Corp. is a Canadian environmentally aware resourceexploration and processing company. Management has demonstratedexpertise in advancing gold exploration projects into acquisitiontargets, most notably in the province of Quebec. ESGold’srestoration and recovery project is the Montauban property situated inQuebec, just 80 kilometers west of Quebec City.
Pour une traduction française de ce communiqué de presse, veuillezvisiter notre site Web à www.esgold.ca .
For more information on ESGold Corp. please contact theCompany (+1 514-712-1532) or visit the website www.esgold.ca for past newsreleases, 3D model of the Montauban processing plant, media interviewsand opinion-editorial pieces. To keep up withwhat's going on with ESGold please join our shareholders chat room ontelegram: https://t.me/+SQeyLoDRjIAwMDVh
Onbehalf of the Board of Directors,
ESGold CORP.
“Jean Yves Therien”
Chief Executive Officer
“John Stella”
Investor contact
Tel: +1 514- 712-1532
Email: info@esgold.ca
This press release contains"forward-looking information" that is based on the Company'scurrent expectations, estimates, forecasts, and projections. This forward-looking information includes, among other things, statements with respect to the Company's exploration anddevelopment plans. The words "will","anticipated", "plans" or other similar words and phrases are intended toidentify forward-looking information. Forward-looking informationis subject to known andunknown risks, uncertainties and other factors that may cause theCompany's actual results, level of activity, performance, or achievements to be materiallydifferent from those expressed or implied by such forward looking information.
Neither theCanadian Securities Exchange nor its Regulation Services Provideraccept responsibility for the adequacy or accuracy of thisrelease.
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