EnviroGold Global Announces Executive Promotions to Support Commercial Deployment and Growth

Rhea-AI Summary

EnviroGold Global (OTCQB: ESGLF), a clean technology company specializing in mine tailings reprocessing, has announced key executive promotions to support its commercial growth. Grant Freeman has been elevated to Deputy CEO from his previous COO role, while Royston Denysschen has been promoted to Chief Operating Officer from Commercial Director.

The restructuring aligns with two strategic priorities: deploying the company's first commercial plant and implementing standardized processes for growth. CEO David Cam will continue leading the company while heading a new Products & Developments unit focused on technology and IP portfolio development.

Positive

• Strategic executive restructuring to support commercial deployment and growth
• Creation of new Products & Developments unit for technology and IP development
• Progress in advancing NVRO Process from demonstration to commercial readiness

Negative

• None.

TORONTO, June 24, 2025 (GLOBE NEWSWIRE) -- EnviroGold Global Limited (CSE: NVRO | OTCQB: ESGLF | FSE: YGK), (“EnviroGold,” or the “Company”), a clean technology company focused on reprocessing mine tailings to recover precious, base, and critical metals, today announces internal executive appointments designed to support near-term commercial execution and future growth.

• Mr. Grant Freeman has been promoted to Deputy Chief Executive Officer.
• Mr. Royston Denysschen has been promoted to Chief Operating Officer.

These appointments recognise the significant contributions of each executive in advancing the Company’s proprietary NVRO Process™ from demonstration to commercial readiness. The revised executive structure aligns management accountability with two strategic priorities: (i) rapid deployment of the Company’s first commercial plant, and (ii) implementation of disciplined, standardised processes to support commercial growth.

Mr. Freeman, who previously served as Chief Operating Officer, has led the development of EnviroGold’s technology platform to commercial readiness while enhancing both operational frameworks and the Company’s service capabilities. In his new role as Deputy CEO, Mr. Freeman will focus on converting advanced opportunities into revenue-generating contracts while deepening engagement with partners and investors.

Mr. Denysschen, previously Commercial Director, is now appointed Chief Operating Officer. His appointment formalises his leadership of the Company’s Rapid Deployment Pathway, commercial operations, and company-wide operating discipline. Mr. Denysschen’s expertise in process implementation and stakeholder management will be instrumental as EnviroGold commissions its first plant and prepares to replicate the model across multiple sites.

Founder and Chief Executive Officer Mr. David Cam will continue to lead the Company and, drawing on his experience commercialising breakthrough technologies, will also head a newly established New Products & Developments unit. This division will focus on EnviroGold’s technology platform and intellectual property portfolio, leveraging both existing and new IP developments. The unit will capitalize on the Company’s deep industry knowledge and know-how to address emerging industry challenges while supporting long-term growth and value creation.

Chair Paul McRae commented: “These appointments provide EnviroGold with the leadership strength and experience required to successfully launch its first commercial operating plant and establish a strong foundation for future growth. On behalf of the Board, I would like to thank David, Grant and Royston for their continued leadership and commitment as we enter this exciting new phase of development.”

About EnviroGold Global

EnviroGold Global is a technology company enabling the global mining industry to monetise valuable metals from mine waste and tailings and reduce environmental liabilities. EnviroGold’s proprietary technology is at the leading edge of demand for precious and critical metals and greater social demand for better environmental outcomes. The Company operates on a technology licence fee model with low capex requirements and intends to establish itself as a leading global technology company focussed on shareholder value and recurring dividends.

CONTACTS:

Investor Cubed
Neil Simon, CEO
+1 647 258 3310
nsimon@investor3.ca
ir@envirogoldglobal.com

Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this news release.

Forward-Looking Statements

This news release contains “forward-looking statements” within the meaning of applicable securities laws. Forward-looking statements may include, but are not limited to, statements regarding: the Company’s business strategy and objectives; development, commercialization, and scalability of the NVRO Process™; timing and deployment of the first and future commercial plants; potential license agreements and revenue generation; expansion of operational capabilities; growth of the Company’s intellectual property portfolio; anticipated market opportunities; and future financial and operational performance.

Forward-looking statements often (but not always) use words such as “plans,” “expects,” “intends,” “anticipates,” “believes,” “targets,” “forecasts,” “may,” “will,” or similar terminology. Such statements reflect management’s reasonable assumptions and expectations as of the date hereof, including but not limited to: successful commissioning and operation of the Company’s first commercial plant; validation and scalability of the NVRO Process™; achievement of recurring revenue targets; ability to replicate the operating model at additional sites; positive market conditions for tailings reprocessing and clean technology adoption; and ongoing support from partners and stakeholders.

Actual results may differ materially from those expressed or implied in forward-looking statements due to various risks and uncertainties. These include, but are not limited to: technical or operational challenges; delays in plant commissioning or technology deployment; inability to secure customer contracts on expected terms or timelines; challenges in protecting or expanding the Company’s intellectual property portfolio; changes in market conditions or commodity prices; adverse regulatory developments; economic, geopolitical, or market disruptions; and other factors beyond the Company’s control. This list is not exhaustive.

Forward-looking statements are not guarantees of future performance and involve risks, uncertainties, and assumptions that are difficult to predict. Readers are cautioned not to place undue reliance on such statements. Except as required by applicable securities laws, EnviroGold disclaims any obligation to update or revise forward-looking statements to reflect new information, future events, or otherwise.

FAQ

Who are the new executive appointments at EnviroGold Global (ESGLF)?

EnviroGold Global has promoted Grant Freeman to Deputy CEO and Royston Denysschen to Chief Operating Officer.

What are EnviroGold Global's (ESGLF) strategic priorities for 2025?

EnviroGold Global's two main strategic priorities are the rapid deployment of their first commercial plant and implementation of standardized processes to support commercial growth.

What is EnviroGold Global's (ESGLF) main business focus?

EnviroGold Global is a clean technology company that focuses on reprocessing mine tailings to recover precious, base, and critical metals using their proprietary NVRO Process.

What role will CEO David Cam have in EnviroGold Global's (ESGLF) new structure?

David Cam will continue as CEO while also heading the newly established New Products & Developments unit, focusing on technology platform and IP portfolio development.