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ENVIROGOLD GLOBAL LIMITED - ESGLF STOCK NEWS

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EnviroGold Global Limited (ESGLF) is a technology company focused on monetizing valuable metals from mine waste and tailings to reduce environmental liabilities. The company's proprietary NVRO Clean Leach Process facilitates the recovery of precious, critical, and strategic metals like gold, silver, copper, zinc, and nickel. By leveraging innovative technology, EnviroGold aims to lead the industry in ESG and circular economy practices, catering to the global mining sector's growing demand for sustainable solutions.
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EnviroGold Global (CSE: NVRO | OTCQB: ESGLF | FSE: YGK) has closed the final tranche of its upsized non-brokered private placement, raising $865,545 by issuing 17,310,900 units at $0.05 per unit. Each unit includes one common share and one warrant exercisable at $0.08 until April 30, 2026. The total gross proceeds from the financing reached $2,244,279.

The company plans to use the funds to accelerate the establishment of its NVRO Clean Leach Process demonstration facility and advance revenue-generating customer relationships. CEO David Cam highlighted the technology's potential to enhance sustainable mining practices by reducing acid-generating mine waste and recovering valuable metals. The demonstration plant is set to begin testing with two prospective clients in October 2024, with results expected late 2024.

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EnviroGold Global (CSE: NVRO | OTCQB: ESGLF) has appointed Grant Freeman as Chief Operating Officer, effective immediately. With over 20 years of experience in mining and finance, Freeman brings valuable expertise to the company's mission of monetizing metals from mine waste and tailings while reducing environmental liabilities. His background includes serving as CEO of Los Calatos Holding and Managing Director for Mining Investment Banking Groups.

Freeman's appointment comes as EnviroGold prepares for its first commercial scale customer tailings testing at a new demonstration plant. CEO David Cam emphasized that Freeman's leadership will be important in commercializing the EnviroGold Clean Leach Process, which aims to recover metals and rehabilitate acidic mine tailings, promoting sustainable mining practices.

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EnviroGold Global (CSE: NVRO | OTCQB: ESGLF) has announced key developments in its mission to monetize valuable metals from mine waste and tailings. The company has appointed Royston Denysschen as Commercial Director, bringing over 25 years of experience in metals and minerals trading. EnviroGold's demonstration plant, acquired from CSIRO, is being commissioned ahead of schedule and under budget, with customer tailings processing expected to begin soon.

The company has expanded its Clean Leach Technology capabilities to include a broader range of metallurgical types and targeted metals, now covering Massive Sulphide deposits in addition to Volcanogenic Massive Sulphides. EnviroGold is also developing the ability to produce high-grade iron products from tailings. The company is in discussions with potential customers regarding this enhanced technology, which could benefit iron ore miners, steel companies, and metal trading houses.

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EnviroGold Global (CSE: NVRO | OTCQB: ESGLF) has provided a corporate and operational update. The company is commissioning a demonstration plant for its NVRO Clean Leach Process, which is running ahead of time and under budget. EnviroGold has appointed key consultants to ensure successful commercialization and has raised $1,378,764 in a private placement. The company is in discussions with potential strategic partners and has increased customer engagement. EnviroGold's top 11 target customers represent a US$5.1 billion revenue opportunity. The company has engaged Deloitte for securing government grants and analyzing environmental benefits. EnviroGold has also launched NVRO TV for corporate updates.

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EnviroGold Global (CSE: NVRO | OTCQB: ESGLF | FSE: YGK) has closed the third tranche of its non-brokered private placement, raising $536,734 by issuing 10,734,680 units at $0.05 each. The total raised across three tranches is now $1,378,734, with the financing size increased to $2,000,000 due to investor interest. Funds will be used to demonstrate the NVRO Clean Leach Process at commercial scale and advance customer relationships.

The company is progressing with its demonstration plant commissioning ahead of schedule and under budget. EnviroGold has also finalized its commercial license terms and initiated a project to quantify the environmental and financial benefits of its technology for mining companies, including potential reductions in liabilities and access to better ESG ratings.

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EnviroGold Global (CSE: NVRO | OTCQB: ESGLF | FSE: YGK) has successfully closed the second tranche of its $1,000,000 non-brokered private placement. The company issued 2,240,000 units at $0.05 per unit, raising C$112,000. Each unit includes one common share and one warrant to purchase an additional share at $0.08 until April 30, 2026. Combined with the first tranche, EnviroGold has raised $842,000 in total. Due to sustained investor interest, the company has increased the offering size to $2.0 million. Proceeds will expedite the establishment of the NVRO Clean Leach Process demonstration facility in Brisbane, Australia, advance customer relationships, and cover general operating expenses. All securities are subject to a statutory hold period of four months and one day.

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EnviroGold Global has closed the first tranche of its non-brokered private placement, issuing 14,600,000 units at $0.05 per Unit for total proceeds of C$730,000. Each Unit includes one common share and one warrant, exercisable at $0.08 until April 30, 2026. A second tranche is expected by July 15, 2024. Proceeds will fund the NVRO Clean Leach Process facility in Brisbane, customer relationship development, and operational expenses.

Additionally, $500,000 of the facility's purchase price was settled via issuance of 10,000,000 Units to the equipment supplier. All issued securities are subject to a four-month hold period. Participation of $150,000 by company insiders was deemed a related-party transaction. No finder’s fees were paid. The expiry date of 6,218,095 outstanding warrants has been extended to October 22, 2026.

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EnviroGold Global has acquired a metal processing plant from the Commonwealth Scientific and Industrial Research Organisation (CSIRO) in Perth, Australia. The plant includes advanced equipment such as mixed acid leach tanks and a Counter Current Decantation system. Originally designed for nickel and cobalt recovery, it will now be modified to demonstrate EnviroGold's Clean Leach Process at scale. Relocated to Brisbane, the plant can process up to 15 tonnes of tailings per day. This acquisition will accelerate EnviroGold’s market strategy by providing important operating data for Bankable Feasibility Studies, fostering commercial licence agreements. CEO David Cam noted the growing demand for tailings reprocessing and environmental remediation.

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EnviroGold Global has announced the appointment of Paul McRae as an Independent Director. Mr. McRae brings 40 years of experience in mine project development, having led projects with over $1 billion in capital expenditures. His expertise will be important for EnviroGold's Clean Leach Technology commercialization.

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EnviroGold Global has announced the filing of a new patent application, enhancing its NVRO Clean Leach Process for extracting metals from refractory ores. This patent application complements the Company's existing intellectual property protection, positioning it as a leader in the industry. The improved process includes enhanced catalyst recovery, reduced operational costs, and increased recovery of gold & silver. EnviroGold is also planning to build a demonstration plant in Brisbane, Australia, to test the NVRO Clean Leach Process, targeting major mining companies for commercial partnerships.

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FAQ

What is the current stock price of ENVIROGOLD GLOBAL (ESGLF)?

The current stock price of ENVIROGOLD GLOBAL (ESGLF) is $0.0491 as of October 15, 2024.

What is the market cap of ENVIROGOLD GLOBAL (ESGLF)?

The market cap of ENVIROGOLD GLOBAL (ESGLF) is approximately 11.1M.

What is EnviroGold Global Limited's focus?

EnviroGold Global Limited (ESGLF) focuses on monetizing valuable metals from mine waste and tailings to reduce environmental liabilities.

What is NVRO Clean Leach Process?

NVRO Clean Leach Process is EnviroGold's proprietary technology that helps recover precious, critical, and strategic metals like gold, silver, copper, zinc, and nickel.

What sets EnviroGold apart in the industry?

EnviroGold is dedicated to leading in ESG and circular economy practices by leveraging innovative technology solutions.

What is the primary goal of EnviroGold's technology?

The primary goal is to provide sustainable solutions for the global mining industry while meeting the demand for environmentally responsible practices.

How does EnviroGold's technology benefit the mining sector?

EnviroGold's technology helps in the recovery of valuable metals, promoting better environmental outcomes and reducing mine closure liabilities.

Where is EnviroGold Global Limited located?

EnviroGold Global Limited is based in Toronto, Canada.

What kind of metals can be recovered using NVRO Clean Leach Process?

The NVRO Clean Leach Process facilitates the recovery of gold, silver, copper, zinc, and nickel, among other valuable metals.

What is the significance of the centralized demonstration facility in Brisbane, Australia?

The demonstration facility allows customers to test the NVRO Clean Leach Process on tailings and smelter by-products, facilitating commercial decisions and advancements in technology.

How does EnviroGold aim to drive value for its shareholders?

EnviroGold operates on a technology license fee model with low capex requirements, focusing on delivering shareholder value while promoting sustainable mining practices.

What is the role of Mr. David Cam in EnviroGold Global Limited?

Mr. David Cam serves as the CEO of EnviroGold Global Limited, leading the company's strategic initiatives and advancements in clean technology solutions for the mining industry.

ENVIROGOLD GLOBAL LIMITED

OTC:ESGLF

ESGLF Rankings

ESGLF Stock Data

11.08M
148.77M
36.32%
0.03%
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