EnviroGold Global Strengthens Balance Sheet and Positions for Growth Following 3.6 Million Private Placement
EnviroGold Global (ESGLF) has successfully closed the first tranche of its private placement, raising $3.68 million. The company has allocated $3.02 million to fully settle Convertible Notes, significantly improving its balance sheet and financial flexibility.
Under CEO David Cam's leadership since April 2024, the company has achieved remarkable market performance with a 373% compound annual growth rate in share price, delivering 317% real returns for investors. The clean technology company, which specializes in monetizing mine waste and tailings while reducing environmental liabilities, is now positioned to accelerate its strategic initiatives in the green mining and resource recovery sector.
The company is focusing on developing Strategic Relationships and customer engagement to reinforce its first-mover advantage in sustainable resource recovery.
EnviroGold Global (ESGLF) ha chiuso con successo la prima tranche del suo collocamento privato, raccogliendo 3,68 milioni di dollari. L'azienda ha destinato 3,02 milioni di dollari per saldare completamente le Note Convertibili, migliorando significativamente il suo bilancio e la flessibilità finanziaria.
Sotto la guida del CEO David Cam, attivo da aprile 2024, l'azienda ha ottenuto una performance di mercato notevole con un 373% di tasso di crescita annuale composto nel prezzo delle azioni, offrendo 317% di ritorni reali per gli investitori. L'azienda di tecnologia pulita, specializzata nella monetizzazione dei rifiuti minerari e delle scorie riducendo al contempo le responsabilità ambientali, è ora posizionata per accelerare le sue iniziative strategiche nel settore dell'estrazione sostenibile e del recupero delle risorse.
L'azienda si sta concentrando sullo sviluppo di Relazioni Strategiche e sull'impegno dei clienti per rafforzare il suo vantaggio di primo operatore nel recupero sostenibile delle risorse.
EnviroGold Global (ESGLF) ha cerrado con éxito la primera tranche de su colocación privada, recaudando 3,68 millones de dólares. La compañía ha destinado 3,02 millones de dólares para liquidar completamente las Notas Convertibles, mejorando significativamente su balance y flexibilidad financiera.
Bajo el liderazgo del CEO David Cam desde abril de 2024, la empresa ha logrado un rendimiento de mercado notable con un 373% de tasa de crecimiento anual compuesto en el precio de las acciones, proporcionando 317% de retornos reales para los inversionistas. La empresa de tecnología limpia, que se especializa en monetizar los residuos mineros y los relaves mientras reduce las responsabilidades ambientales, ahora está posicionada para acelerar sus iniciativas estratégicas en el sector de la minería verde y la recuperación de recursos.
La compañía se está enfocando en desarrollar Relaciones Estratégicas y el compromiso del cliente para reforzar su ventaja de primer operador en la recuperación sostenible de recursos.
EnviroGold Global (ESGLF)는 성공적으로 사모 배정의 첫 번째 트랜치를 마감하며 368만 달러를 모금했습니다. 회사는 302만 달러를 Convertible Notes를 전액 상환하는 데 배정하여 재무제표와 재무 유연성을 크게 개선했습니다.
2024년 4월부터 CEO David Cam의 리더십 하에 회사는 주가에서 373%의 연평균 복합 성장률을 기록하며 투자자에게 317%의 실제 수익을 제공하는 놀라운 시장 성과를 달성했습니다. 광산 폐기물과 슬러지를 수익화하면서 환경 책임을 줄이는 데 전문화된 청정 기술 회사는 이제 녹색 채굴 및 자원 회수 분야에서 전략적 이니셔티브를 가속화할 수 있는 위치에 있습니다.
회사는 지속 가능한 자원 회수에서 선도적 이점을 강화하기 위해 전략적 관계 개발과 고객 참여에 집중하고 있습니다.
EnviroGold Global (ESGLF) a réussi à clôturer la première tranche de son placement privé, levant 3,68 millions de dollars. L'entreprise a alloué 3,02 millions de dollars pour régler complètement les Obligations Convertibles, améliorant ainsi considérablement son bilan et sa flexibilité financière.
Sous la direction du PDG David Cam depuis avril 2024, l'entreprise a réalisé une performance de marché remarquable avec un 373% de taux de croissance annuel composé du prix de l'action, offrant 317% de rendements réels pour les investisseurs. L'entreprise de technologie propre, spécialisée dans la monétisation des déchets miniers et des résidus tout en réduisant les responsabilités environnementales, est maintenant positionnée pour accélérer ses initiatives stratégiques dans le secteur de l'exploitation minière verte et de la récupération des ressources.
L'entreprise se concentre sur le développement de relations stratégiques et l'engagement des clients pour renforcer son avantage de premier entrant dans la récupération durable des ressources.
EnviroGold Global (ESGLF) hat erfolgreich die erste Tranche seiner Privatplatzierung abgeschlossen und 3,68 Millionen Dollar gesammelt. Das Unternehmen hat 3,02 Millionen Dollar zugewiesen, um die Wandelanleihen vollständig zu begleichen, was die Bilanz und die finanzielle Flexibilität erheblich verbessert.
Unter der Leitung von CEO David Cam seit April 2024 hat das Unternehmen eine bemerkenswerte Marktperformance mit einer 373% jährlichen Wachstumsrate beim Aktienkurs erzielt und 317% reale Renditen für Investoren geliefert. Das Unternehmen für saubere Technologien, das sich auf die Monetarisierung von Bergbauabfällen und Tailings spezialisiert hat und gleichzeitig Umweltverpflichtungen reduziert, ist nun in der Lage, seine strategischen Initiativen im Bereich des grünen Bergbaus und der Ressourcenrückgewinnung zu beschleunigen.
Das Unternehmen konzentriert sich darauf, strategische Beziehungen und Kundenengagement zu entwickeln, um seinen ersten Vorteil im nachhaltigen Ressourcenrückgewinnungsbereich zu festigen.
- Raised $3.68 million through private placement
- Settled $3.02 million in Convertible Notes
- 373% CAGR in share price since April 2024
- 317% real returns for investors
- None.
TORONTO, Feb. 21, 2025 (GLOBE NEWSWIRE) -- EnviroGold Global Limited (CSE: NVRO | OTCQB: ESGLF | FSE: YGK) (“EnviroGold,” or the “Company”), a clean technology company that monetises mine waste and tailings while reducing environmental and social liabilities, announces the successful closing of the first tranche of its private placement, raising
This achievement marks another milestone in EnviroGold’s ongoing transformation under the leadership of CEO, David Cam who took the helm in April 2024. Since this leadership transition, the Company has demonstrated outstanding market performance, achieving a compound annual growth rate (CAGR) of
“With the successful settlement of our Convertible Notes and the injection of fresh capital, EnviroGold is now in a robust financial position to accelerate our strategic initiatives,” said David Cam, CEO of EnviroGold Global. “We remain steadfast in our mission to unlock the value of sustainable resource recovery, leveraging innovative technologies to generate long-term value for our shareholders and stakeholders alike.”
EnviroGold’s continued momentum underscores its commitment to responsible growth and operational excellence. The Company is accelerating the development of its Strategic Relationships and customer engagement, further reinforcing its first mover advantage and leadership position in the green mining and resource recovery sector.
As EnviroGold moves forward with a strengthened financial foundation, the Company remains dedicated to executing its growth plans and delivering sustainable value. Investors and stakeholders can expect continued innovation, strategic partnerships, and disciplined capital management as EnviroGold advances its vision for a cleaner, more sustainable future.
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 license fee model with low capex requirements and intends to establish itself as a leading global technology company focussed on 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, the size of the Offering, the completion and terms of the Offering, the use of the proceeds from the Offering, completion of any additional tranches of the Offering, statements about the Company’s expectation of future commercial success and growth in its market position, 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.
FAQ
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