ESGold Corp. Shifts to New Private Placement Plan

Secova Metals (TSE:ESAU) has released an update.

ESGold Corp. has called off its previously announced $500,000 life offering and is now launching a new private placement at $0.10 per unit to raise the same amount. The raised funds are intended for general administrative costs and the maintenance of the Montauban Property in Quebec. Each unit in the offering will include a common share and a warrant, with the possibility of paying finder’s fees in the form of cash and warrants.

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