VANCOUVER, British Columbia, Oct. 15, 2025 (GLOBE NEWSWIRE) -- EnviroGold Global Limited (CSE: NVRO | OTCQB: ESGLF | FSE: YGK), (“EnviroGold,” or the “Company”) is pleased to announce that, in response to strong investor demand, it has increased the size of its previously announced non-brokered private placement (the “Offering”).
The Company now intends to raise gross proceeds of up to $7,000,000 through the issuance of units at a price of $0.09 per unit. On October 1, 2025, the Company closed the first tranche of the Offering, raising gross proceeds of $2,201,276.
All other terms of the Offering, including the intended use of proceeds, remain unchanged from those disclosed in the Company’s news release dated September 15, 2025.
“We’re humbled by the exceptional investor response to this financing,” said David Cam, Chief Executive Officer of the Company. “The oversubscription reflects growing market confidence in our NVRO Process™ technology and our strategy to create significant, sustainable value from mine waste.
“This additional capital strengthens our balance sheet, accelerates commercial execution, and positions EnviroGold to deliver on near-term milestones that we believe will unlock meaningful shareholder value. As the largest individual shareholder, I’m fully aligned with our investors — and remain focused on disciplined growth, responsible stewardship, and building a company that rewards long-term confidence.”
The Company expects to close the second tranche of the Offering on or about October 15, 2025.
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 strategic metals and greater social demand for better environmental outcomes. The Company operates on a technology licence fee model with low capex requirements and intends to establish itself as a leading global technology company focused on shareholder value and recurring dividends.
