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ESAU.CN ·

Announcing Closing of Unit Offering

Financings

ESGOLD CORP. ANNOUNCES CLOSING OF UNIT PRIVATE PLACEMENT

VANCOUVER, BRITISH COLUMBIA – November 28, 2024 – ESGold Corp. (“ESGold” or the “Company”)

(CSE: ESAU, Frankfurt: N2W, OTC: SEKZF) announces that further to its news release dated November 12,

2024, it has closed a non-brokered private placement (the “ Offering”) of 222,222 units (the “Units”) at a

price of $0.18 per Unit, for aggregate gross proceeds of $40,000.

Each Unit consisted of one common share in the capital of the Company (the “ Shares”) and one-half of

one common share purchase warrant (the “ Warrants”). Each whole Warrant will entitle the holder to

acquire one common Share (the “Warrant Shares”) at an exercise price of $0.27 per common Share for a

period of eighteen (18) months from the closing date.

All securities issued in connection with the Offering or subject to a restricted hold period of four months

and one day from the date of closing of the Offering under applicable securities legislation.

The Company intends to use the proc eeds raised from the Offering for administrative expenses and for

general corporate purposes.

The securities issued pursuant to the Offering have not, nor will they be registered under the United States

Securities Act of 1933, as amended, and may not be offere d or sold within the United States or to, or for

the account or benefit of, U.S. persons in the absence of U.S. registration or an applicable exemption from

the U.S. registration requirements. This news release shall not constitute an offer to sell or the solicitation

of an offer to buy nor shall there be any sale of th e securities in the United States or in any other

jurisdiction in which such offer, solicitation or sale would be unlawful.

About the Company

ESGold Corp. is a Canadian envi ronmentally 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.

Pour une traduction française de ce communiqué de presse, veuillez visiter notre site Web à

www.esgold.ca.

For more information on ESGold Corp. please contact the Company (+1 514-712-1532) or visit the website

www.esgold.ca for past news releases, 3D model of the Montauban processing plant, media interviews

and opinion-editorial pieces.

On behalf of the Board of Directors,

ESGold CORP.

“Paul Mastantuono”

Chief Executive Officer

“John Stella”

Investor contact

Tel: +1 514-712-1532

Email: [email protected]

This press release contains "forward-looki ng information" that is based on the Co mpany's current expectations, estimates,

forecasts, and projections. This forward-looking information in cludes, among other things, stat ements with respect to the

completion of the Company's Offering and exploration and development plans. The words "will", "anticipated", "plans" or other

similar words and phrases are intended to identify forward-look ing information. Forward-looking information is subject to

known and unknown risks, uncertainties and other factors that ma y 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.