EnviroGold Increases Size of Previously Announced Non-Brokered Private Placement Due to Strong Investor Demand
EnviroGold (OTCQB: ESGLF) increased its previously announced non-brokered private placement due to strong investor demand and now intends to raise up to $7,000,000 by issuing units at $0.09 per unit. The company closed the first tranche on Oct 1, 2025, raising $2,201,276, and expects to close the second tranche on or about Oct 15, 2025. All other terms and the intended use of proceeds remain unchanged. Management says the additional capital will strengthen the balance sheet and accelerate commercial execution of the NVRO Process technology.
EnviroGold (OTCQB: ESGLF) ha aumentato la sua precedente collocazione privata non brokerata a causa della forte domanda degli investitori e ora intende raccogliere fino a $7,000,000 emettendo unità al prezzo di $0.09 per unità. L'azienda ha chiuso la prima tranche il 1 ottobre 2025, raccogliendo $2,201,276, e prevede di chiudere la seconda tranche entro il 15 ottobre 2025. Tutti gli altri termini e l'uso previsto dei proventi restano invariati. Il management afferma che il capitale aggiuntivo rafforzerà il bilancio e accelererà l'esecuzione commerciale della tecnologia NVRO Process.
EnviroGold (OTCQB: ESGLF) incrementó su colocación privada no brokered anunciada previamente debido a la fuerte demanda de los inversionistas y ahora tiene la intención de recaudar hasta $7,000,000 emitiendo unidades a $0.09 por unidad. La compañía cerró la primera tramo el 1 de octubre de 2025, reuniendo $2,201,276, y espera cerrar la segunda tranche alrededor del 15 de octubre de 2025. Todos los demás términos y el uso previsto de los fondos permanecen sin cambios. La dirección afirma que el capital adicional fortalecerá el balance y acelerará la ejecución comercial de la tecnología NVRO Process.
EnviroGold (OTCQB: ESGLF)가 투자자 수요가 강해 이전에 발표된 비중개 비공개 배정을 늘렸으며 이제 단위당 $0.09에 단위를 발행해 최대 $7,000,000를 조달할 예정입니다. 회사는 2025년 10월 1일에 첫 트랜치를 마감해 $2,201,276를 모았고, 2025년 10월 15일경 두 번째 트랜치를 마감할 것으로 기대합니다. 나머지 조건과 자금 사용 예정은 변함이 없습니다. 경영진은 추가 자본이 대차대조표를 강화하고 NVRO Process 기술의 상용화 실행을 가속화할 것이라고 말합니다.
EnviroGold (OTCQB: ESGLF) a augmenté son placement privé non-broké annoncé précédemment en raison d'une forte demande des investisseurs et envisage désormais de lever jusqu'à 7 000 000 $ en émettant des unités à 0,09 $ par unité. La société a clôturé la première tranche le 1er octobre 2025, ayant levé 2 201 276 $, et prévoit de clôturer la seconde tranche vers le 15 octobre 2025. Toutes les autres conditions et l'utilisation prévue des fonds restent inchangées. La direction indique que le capital supplémentaire renforcera le bilan et accélérera l'exécution commerciale de la technologie NVRO Process.
EnviroGold (OTCQB: ESGLF) hat seine zuvor angekündigte nicht brokerisierte Privatplatzierung aufgrund starker Anlegernachfrage erhöht und beabsichtigt nun, bis zu 7.000.000 $ durch die Ausgabe von Units zum Preis von 0,09 $ pro Unit zu beschaffen. Das Unternehmen schloss die erste Tranche am 1. Oktober 2025 ab und sammelte 2.201.276 $, und erwartet, die zweite Tranche um den 15. Oktober 2025 abzuschließen. Alle übrigen Bedingungen und die vorgesehene Verwendung der Mittel bleiben unverändert. Das Management sagt, dass zusätzliches Kapital die Bilanz stärkt und die kommerzielle Umsetzung der NVRO Process-Technologie beschleunigt.
EnviroGold (OTCQB: ESGLF) زادت عرضها الخاص غير الوسيط الذي أُعلن سابقاً بسبب الطلب القوي من المستثمرين وتعتزم الآن جمع ما يصل إلى $7,000,000 من خلال إصدار وحدات بسعر $0.09 للوحدة. أغلقت الشركة الشريحة الأولى في 1 أكتوبر 2025، وجمعت $2,201,276، وتتوقع إغلاق الشريحة الثانية في أو نحو 15 أكتوبر 2025. تظل جميع الشروط الأخرى والاستخدام المقصود للأموال دون تغيير. تقول الإدارة أن رأس المال الإضافي سيقوّي الميزانية ويعجّل التنفيذ التجاري لتقنية NVRO Process.
EnviroGold (OTCQB: ESGLF) 因投资者需求强劲而增加了此前宣布的非经纪私募，现拟通过发行单位以每单位 0.09 美元 发行，募集最高 7,000,000 美元。公司在 2025 年 10 月 1 日 完成了第一笔 tranche，筹集到 2,201,276 美元，预计在 2025 年 10 月 15 日左右 完成第二笔 tranche。其余条款及资金用途保持不变。管理层表示，额外资本将增强资产负债表并加速 NVRO Process 技术的商业执行。
- Offering size increased to $7,000,000
- First tranche closed on Oct 1, 2025 raising $2,201,276
- Unit price set at $0.09 per unit
- Company expects capital to strengthen balance sheet and accelerate commercial execution
- New issuance will cause shareholder dilution
- Second tranche closing is timing-dependent (on or about Oct 15, 2025)
VANCOUVER, British Columbia, Oct. 15, 2025 (GLOBE NEWSWIRE) -- EnviroGold Global Limited (CSE: NVRO | OTCQB: ESGLF | FSE: YGK), (“EnviroGold,” or the “Company”) is pleased to announce that, in response to strong investor demand, it has increased the size of its previously announced non-brokered private placement (the “Offering”).
The Company now intends to raise gross proceeds of up to
All other terms of the Offering, including the intended use of proceeds, remain unchanged from those disclosed in the Company’s news release dated September 15, 2025.
“We’re humbled by the exceptional investor response to this financing,” said David Cam, Chief Executive Officer of the Company. “The oversubscription reflects growing market confidence in our NVRO Process™ technology and our strategy to create significant, sustainable value from mine waste.
“This additional capital strengthens our balance sheet, accelerates commercial execution, and positions EnviroGold to deliver on near-term milestones that we believe will unlock meaningful shareholder value. As the largest individual shareholder, I’m fully aligned with our investors — and remain focused on disciplined growth, responsible stewardship, and building a company that rewards long-term confidence.”
The Company expects to close the second tranche of the Offering on or about October 15, 2025.
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 strategic 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 focused on shareholder value and recurring dividends.
Investors can access the Q3 Investor Presentation on the Company’s website at: https://envirogoldglobal.com/investors/, along with the Terra Studio Company Profile at: https://www.terrastudio.biz/blog/post/11325/on-the-cusp-of-formidable-growth/
CONTACTS:
Investor Cubed
Neil Simon, CEO
+1 647 258 3310
nsimon@investor3.ca
ir@envirogoldglobal.com
The securities issued under the Offering have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”), and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the U.S. Securities Act and applicable state securities laws. This news release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of, the securities in any jurisdiction in which such offer, solicitation, or sale would be unlawful.
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 completion, size, and timing of subsequent tranches of the Offering; the use of proceeds; the payment of finder’s fees; potential participation by directors and officers in the Offering; anticipated regulatory approvals; and the Company’s business plans, strategies, technology development, commercialization plans, and future economic 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 current assumptions and expectations as of the date hereof, including but not limited to: the Company’s ability to complete the Offering on the anticipated terms and timeline; the availability of regulatory approvals; the intended use of proceeds; the continued development and scale-up of the NVRO Process™; the execution of commercial agreements; and favourable market and commodity price conditions.
Actual results may differ materially from those expressed or implied in forward-looking statements due to various risks and uncertainties, including, but not limited to: the inability to complete the Offering on the anticipated terms or at all; the failure to obtain required regulatory approvals; changes in the use of proceeds; technical or operational challenges; delays in technology validation, permitting, or project execution; inability to secure customer contracts on expected terms or timelines; changes in market or commodity price conditions; adverse 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 should not 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
How much is EnviroGold (ESGLF) now raising in the private placement?
How much did EnviroGold raise in the first tranche of the offering on Oct 1, 2025?
When does EnviroGold expect to close the second tranche of the ESGLF offering?
What is the unit price for EnviroGold’s private placement (ESGLF)?
What will EnviroGold use the proceeds from the ESGLF financing for?
How might the increased private placement affect ESGLF shareholders?
