EnviroGold Global Highlights Resilience to U.S. Government Tariffs and Benefits from Stronger U.S. Dollar
EnviroGold Global (OTCQB: ESGLF) has announced its resilience to U.S. government tariffs and benefits from a stronger U.S. dollar. As a Canadian-listed company with primarily Australian operations, the company maintains a natural hedge through its cost structure denominated in Australian dollars while receiving payments in U.S. dollars for license fees and services.
The company's CEO, David Cam, highlighted that a stronger U.S. dollar enhances their competitive advantage by increasing the relative value of revenues when converted to Australian or Canadian dollars. This financial structure supports improved margins and cash flow, enabling investment in growth initiatives and shareholder returns.
EnviroGold Global (OTCQB: ESGLF) ha annunciato la sua resilienza rispetto ai dazi imposti dal governo degli Stati Uniti e i vantaggi derivanti da un dollaro USA più forte. Come azienda quotata in Canada con operazioni principalmente in Australia, l'azienda mantiene una copertura naturale attraverso la sua struttura dei costi denominata in dollari australiani, mentre riceve pagamenti in dollari USA per diritti e servizi.
Il CEO dell'azienda, David Cam, ha sottolineato che un dollaro USA più forte aumenta il loro vantaggio competitivo incrementando il valore relativo dei ricavi quando convertiti in dollari australiani o canadesi. Questa struttura finanziaria supporta margini e flussi di cassa migliorati, consentendo investimenti in iniziative di crescita e ritorni per gli azionisti.
EnviroGold Global (OTCQB: ESGLF) ha anunciado su resistencia a los aranceles del gobierno de EE. UU. y los beneficios de un dólar estadounidense más fuerte. Como una empresa cotizada en Canadá con operaciones principalmente en Australia, la compañía mantiene una cobertura natural a través de su estructura de costos denominados en dólares australianos, mientras recibe pagos en dólares estadounidenses por tarifas de licencia y servicios.
El CEO de la empresa, David Cam, destacó que un dólar estadounidense más fuerte realza su ventaja competitiva al aumentar el valor relativo de los ingresos al convertirlos en dólares australianos o canadienses. Esta estructura financiera apoya márgenes y flujos de efectivo mejorados, permitiendo inversiones en iniciativas de crecimiento y retornos para los accionistas.
EnviroGold Global (OTCQB: ESGLF)는 미국 정부의 관세에 대한 저항력과 강한 미국 달러로부터의 이점을 발표했습니다. 주로 호주에서 운영되는 캐나다 상장 기업으로서, 회사는 호주 달러로 표시된 비용 구조를 통해 자연적인 헤지를 유지하면서, 라이선스 수수료와 서비스에 대한 지급을 미국 달러로 받습니다.
회사의 CEO인 데이비드 캄은 강한 미국 달러가 호주 달러나 캐나다 달러로 변환될 때 수익의 상대적 가치를 높여 경쟁 우위를 강화한다고 강조했습니다. 이 재무 구조는 마진과 현금 흐름 개선을 지원하여 성장 이니셔티브 및 주주에게 돌아갈 수익에 대한 투자를 가능하게 합니다.
EnviroGold Global (OTCQB: ESGLF) a annoncé sa résilience face aux tarifs du gouvernement américain et les avantages d'un dollar américain plus fort. En tant qu'entreprise cotée au Canada avec principalement des opérations en Australie, la société maintient une couverture naturelle grâce à sa structure de coûts libellée en dollars australiens tout en recevant des paiements en dollars américains pour les frais de licence et les services.
Le PDG de l'entreprise, David Cam, a souligné qu'un dollar américain plus fort renforce leur avantage concurrentiel en augmentant la valeur relative des revenus lors de leur conversion en dollars australiens ou canadiens. Cette structure financière soutient des marges et des flux de trésorerie améliorés, permettant d'investir dans des initiatives de croissance et des rendements pour les actionnaires.
EnviroGold Global (OTCQB: ESGLF) hat seine Widerstandsfähigkeit gegenüber den US-Regierungszöllen und die Vorteile eines stärkeren US-Dollars bekannt gegeben. Als in Kanada notiertes Unternehmen mit überwiegenden Geschäftstätigkeiten in Australien hält das Unternehmen durch seine Kostenstruktur, die in Australischen Dollar denominiert ist, eine natürliche Absicherung, während es Zahlungen in US-Dollar für Lizenzgebühren und Dienstleistungen erhält.
Der CEO des Unternehmens, David Cam, hob hervor, dass ein stärkerer US-Dollar ihren Wettbewerbsvorteil erhöht, indem der relative Wert der Einnahmen bei Umwandlung in Australische oder Kanadische Dollar steigt. Diese Finanzstruktur unterstützt verbesserte Margen und Cashflow, was Investitionen in Wachstumsinitiativen und Ausschüttungen an die Aktionäre ermöglicht.
- Natural hedge against currency fluctuations through USD revenue and AUD costs
- Improved margins and cash flow from stronger USD
- Insulation from U.S. trade tariffs impact
- None.
TORONTO, Feb. 03, 2025 (GLOBE NEWSWIRE) -- EnviroGold Global Limited (CSE: NVRO | OTCQB: ESGLF | FSE: YGK) (“EnviroGold,” or the “Company”), a clean technology company that transforms mine waste and tailings into valuable resources while minimising environmental and social liabilities, reaffirms its strong position in the face of global trade uncertainties, emphasizing its insulation from U.S. tariffs and the positive impact of a stronger U.S. dollar on its operations. As a Canadian-listed company with a mostly Australian cost base, EnviroGold benefits from a cost structure denominated in Australian dollars while receiving payments in U.S. dollars for its license fees and services. This natural hedge minimises the impact of trade-related disruptions and provides financial stability, regardless of shifts in tariff policies.
CEO, David Cam said, “A stronger U.S. dollar enhances the Company’s competitive advantage by increasing the relative value of its revenues when converted to Australian or Canadian dollars. This dynamic supports improved margins and cash flow, reinforcing EnviroGold’s ability to invest in growth initiatives and shareholder returns. With a diversified operational footprint and a strategic financial structure, EnviroGold remains well-positioned to capitalise on favourable currency movements while maintaining resilience against trade policy fluctuations”.
About EnviroGold Global
EnviroGold Global is a cutting-edge technology company revolutionising the mining industry by unlocking valuable metals from mine waste and tailings while mitigating environmental liabilities. Leveraging proprietary technology, EnviroGold meets the rising demand for precious and critical metals while addressing the growing call for sustainable mining practices. Operating on a technology licensing model with minimal capital requirements, the company is poised to become a global leader in mining innovation, delivering long-term shareholder value.
CONTACTS:
Investor Cubed
Neil Simon, CEO
+1 647 258 3310
nsimon@investor3.ca
ir@envirogoldglobal.com
Forward-Looking Statements
This news release contains “forward-looking statements” within the meaning of applicable securities laws, including, without limitation, earnings guidance, economic guidance, operational guidance and future capital spending amounts. All statements contained herein that are not clearly historical in nature may constitute forward-looking statements. Generally, such forward-looking information or forward-looking statements can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or may contain statements that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “will continue”, “will occur” or “will be achieved”. The forward-looking information and forward-looking statements contained herein include, but are not limited to, statements about the the Company’s resilience to global trade uncertainties, its insulation from U.S. tariffs, the positive impact of a stronger U.S. Dollar, the Company’s financial stability through natural hedging to minimize the impact of trade-related disruptions to ensure financial stability, regardless of shifts in tariff policies, and the Company’s ability to accelerate the world’s transition to a circular resource economy. Forward-looking information in this news release are based on certain assumptions and expected future events, namely: the Company’s ability to continue as a going concern; the continued commercial viability and growth in the clean technology and mining waste reprocessing industry; continued approval of the Company’s activities by the relevant governmental and/or regulatory authorities; the continued development of clean technology and mining waste reprocessing technology; and the continued growth of the Company. These statements involve known and unknown risks, uncertainties and other factors, which may cause actual results, performance or achievements to differ materially from those expressed or implied by such statements, including but not limited to: the potential inability of the Company to continue as a going concern; the Company’s inability to accelerate the world’s transition to a circular resource economy, the risks associated with assessing metallurgical recovery rates from mine tailings and waste and related volumetric assessments, the risks associated with the mining and mining waste recycling industry in general; increased competition in the clean technology and waste reprocessing market; the potential unviability of the clean technology and mining waste reprocessing market; incorrect assessment of the value and potential benefits of various transactions; risks associated with potential governmental and/or regulatory action with respect to clean technology and mining waste reprocessing; risks associated with a potential collapse in the value of clean technology and waste reprocessing; and risks relating to the Company’s potential inability to expand its reprocessing pipeline.
Readers are cautioned that the foregoing list is not exhaustive. Readers are further cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the plans, intentions or expectations upon which they are placed will occur. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement and reflect the Company’s expectations as of the date hereof and are subject to change thereafter. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, estimates or opinions, future events or results or otherwise or to explain any material difference between subsequent actual events and such forward-looking information, except as required by applicable law.
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