ESGold Signs Definitive Gold and Silver Dore Purchase Agreement with Ocean Partners

ESGold signed a definitive doré purchase agreement with Ocean Partners securing a long-term purchaser for gold and silver from its Montauban Project and access to a C$9 million non-dilutive working capital facility (C$3M then C$6M). Ocean Partners will buy 100% of doré from tailings and potential crown-pillar material, with minimum delivery commitments of 50,000 oz gold and 1,000,000 oz silver. Pricing references LBMA/COMEX levels, with Ocean Partners paying 99.8% of contained gold and 99% of contained silver (subject to small refining charges). The facility carries interest at 3‑month Term SOFR +7% (overdue +11%) and can be repaid in doré or cash; provisional payments up to 90% of shipment value improve near-term liquidity. The agreement materially de-risks ESGold’s path to production by securing offtake and liquidity, supporting construction, commissioning and exploration, and reducing market execution risk ahead of first production in 2026.