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Esgold Corp (2)
Symbol ESAU
Shares Issued 98,975,002
Close 2026-02-17 C$ 0.73
Market Cap C$ 72,251,751
Recent Sedar+ Documents

Esgold appoints Carson to advisory board

2026-02-17 18:10 ET - News Release

Mr. Gordon Robb reports

ESGOLD APPOINTS GALEN CARSON TO ADVISORY BOARD

Esgold Corp. has appointed Galen Carson, founder and principal of Caram Media Inc., to its advisory board.

Mr. Carson has worked closely with Esgold since October, 2024, through Caram Media, establishing a long-term strategic relationship that has spanned more than a year and coincided with a fundamental transformation of the company. The appointment reflects the evolution of a relationship that has played a meaningful role in strengthening Esgold's capital markets strategy, investor positioning and broader market visibility.

Since that time, the company has raised more than $20-million to advance its fully permitted Montauban gold-silver project toward production, while expanding its shareholder base and market presence. Over this period, Esgold's market capitalization has grown materially as the company transitioned from a small-cap development story into a preproduction company with a clear path forward.

"Over the past year, Esgold has undergone a fundamental transformation," said Gordon Robb, chief executive officer. "We secured the capital required to move Montauban toward production, strengthened our shareholder base and significantly elevated the technical understanding of the asset. Galen has worked alongside our team throughout this evolution, contributing across capital markets strategy, business development and corporate positioning. We are pleased to formalize that relationship as we enter the next phase of growth."

As an adviser, Mr. Carson will continue to support Esgold across strategic planning, capital markets engagement and long-term value positioning as the company advances toward near-term production and executes its exploration and growth initiatives.

"I'm honoured to be joining Esgold's advisory board and to be taking this relationship to the next level," said Mr. Carson. "What initially attracted me to Esgold was the immense potential of the asset and the team. What has reinforced my conviction over the past year is the company's disciplined execution -- raising capital responsibly, advancing construction and redefining the scale of Montauban through modern geological work. With production approaching and exploration accelerating in parallel, Esgold is positioned to demonstrate the full potential of this project. I believe the most transformative chapter for Esgold and its shareholders is still ahead."

The formalization of Mr. Carson's advisory role reflects Esgold's continued commitment to strengthening its leadership bench as it advances toward production and accelerates exploration across its expanded Montauban land package. With construction progressing, a fully financed path to first gold and silver production in 2026, and a rapidly evolving geological understanding of the district-scale opportunity, Esgold enters this next phase with momentum and a clear strategic road map.

About Esgold Corp.

Esgold is a fully permitted, preproduction mining company advancing a scalable clean mining model across North and South America. The company's flagship Montauban gold-silver project in Quebec is under construction with production anticipated in 2026. With a dual-track strategy of cash flow today and discovery tomorrow, Esgold is building a platform for clean, sustainable growth and long-term shareholder value.

We seek Safe Harbor.

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