(via TheNewswire)
The Loan Agreement bears interest at a rate of eighteen percent (18%) per annum and is repayable in 12 months following final disbursement. The Loan Agreement also includes an extension clause, at the option of the Company. The Company is responsible for all fees and expenses relating to the loan. The proceeds of the loan will be used by the Company to advance the development of the Montauban project.
About the Company
Pour une traduction française de ce communiqué de presse, veuillez visiter notre site Web àwww.esgold.ca.
For more information on
On behalf of the Board of Directors,
“Jean Yves Therien”
Chief Executive Officer
“John Stella”
Investor contact
Tel: +1 514-712-1532
Email:info@esgold.ca
This press release contains "forward-looking information" that is based on the Company's current expectations, estimates, forecasts, and projections. This forward-looking information includes, among other things, statements with respect to the Company's exploration and development plans. The words "will", "anticipated", "plans" or other similar words and phrases are intended to identify forward-looking information. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the Company's actual results, level of activity, performance, or achievements to be materially different from those expressed or implied by such forward looking information.
Neither the Canadian Securities Exchange nor its Regulation Services Provider accept responsibility for the adequacy or accuracy of this release.
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Copyright (c) 2023 TheNewswire - All rights reserved., source