ESGold Secures C$9 Million Facility with Ocean Partners

ESGold Corp has announced a binding agreement with Ocean Partners UK Ltd. for a Prepayment and Working Capital Facility up to C$9 million. This arrangement will boost ESGold’s Montauban Gold-Silver Project in Quebec, enhancing financial stability and creating a long-term sales channel for gold and silver dore.

The facility, split into two tranches, will provide C$3 million prior to Phase 1 production in 2026, and C$6 million before Phase 2 in 2027. Repayment will align with production, with Ocean Partners purchasing all gold and silver output, reducing equity dilution risk through operational cash flow servicing.

This partnership strengthens ESGold’s platform for Montauban’s progress, ensuring a stable revenue stream and providing financial security. It further validates ESGold's strategy of low-capex, high-margin project development.