VANCOUVER, BRITISH COLUMBIA – July 22, 2024– ESGold Corp. (“ESGold” or the “Company”) (CSE: ESAU, Frankfurt: N2W, OTC: SEKZF) is pleased to announce it has arranged a restructuring of the management and the board of directors .
Brad Kitchen has been appointed president and director of Esgold effective immediately. Mr. Kitchen has a 35-year record consisting of investment banking and senior corporate management, including the responsibility for operations and financing for primarily resource-based small, medium and large private and public companies.
“We are very pleased to announce Mr. Kitchen’s appointment,” stated Paul Mastantuono. “Brad was the driving force in the financing and advancement of the Montauban plant engineering, construction and equipment acquisition. After an 18-month absence, his main priority for the company today will be to focus on building the value of the company by taking the mill into production.”
Concurrent with the addition of Mr. Kitchen to management, Mr. Mastantuono has been appointed chief executive officer of the company, replacing Jean-Yves Therien, who resigned from both his previous officer role and from the board of directors. In addition, Christopher Stewart and Martin Prescott have also resigned from the board.
The company thanks these gentlemen for their work with Esgold and wishes them well in their future endeavours.
As a result of the changes, the Esgold board of directors currently comprises three members, including independent director Andre Gauthier. It is the company’s intention to appoint two additional independent directors within the next few months.
In other corporate news, Esgold has issued 500,000 options to acquire common shares of the company at the price of 13.5 cents to a consultant. The term of these options is two years.
About ESGold Corp.
ESGold is a Canadian environmentally aware resource exploration and processing company. Management has demonstrated expertise in advancing gold exploration projects into acquisition targets, most notably in the province of Quebec. ESGold ‘s principal restoration and recovery project is the Montauban property, situated in Quebec, just 80 kilometers west of Quebec City.
For more information on ESGold Corp. please contact the Company (+1 514-712-1532) or visit the website www.esgold.cafor the French version of this press release, for past news releases, 3D model of the Montauban processing plant, media interviews and opinion-editorial pieces. To keep up with what’s going on with ESGold please join our shareholders chat room on telegram :https://t.me/+SQeyLoDRjIAwMDVh
On behalf of the Board of Directors,
ESGold CORP.
“Jean Yves Therien”
Chief Executive Officer
“John Stella”
Investor contact
Tel: +1 514-712-1532
Email: info@esgold.com
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.