EnviroGold Announces 99% Exercise of Warrants Expiring
EnviroGold Announces 99% Exercise of Warrants Expiring April 30, 2026,
Raising $3.56 Million
Near-total warrant participation strengthens the treasury and reinforces investor
confidence as the Company accelerates global commercialization of the NVRO Process™
Vancouver, BC – May 4, 2026 - EnviroGold Global Limited (TSXV: NVRO | OTCQB: ESGLF
| FSE: YGK) (“EnviroGold” or the “Company”) a clean technology company focused on the
recovery of precious and critical metals from mine waste and tailings, today announced that
44,474,680 of 44,885,580 warrants expiring on April 30, 2026 were exercised prior to expiry,
representing an exercise rate of more than 99% and generating $3,557,974 in new cash proceeds
for the Company.
Grant Freeman, Chief Executive Officer of EnviroGold Global, said:
“This is an outstanding result and a clear vote of confidence from our warrantholders, with
more than 99% of the expiring warrants being exercised. Importantly, this strengthens our
balance sheet at a pivotal point in EnviroGold’s growth cycle and positions the Company to
accelerate commercialization of the NVRO Process™.”
Use of Proceeds
The additional capital will support:
• Ongoing commercialization initiatives as the Company advances the NVRO Process™
toward industrial scale commercial deployment - Technology Readiness Level 9;
• Customer engagement and project assessment activities across global mining markets;
• Continued advancement of EnviroGold’s technology licensing model; and
• Further development of the Company’s critical minerals hub strategy, a centralized
processing approach designed to accelerate industrial-scale deployment of the NVRO
Process™ across mine waste, tailings, and other qualifying mineralized material from
multiple sources.
NVRO Process™
EnviroGold’s NVRO Process™ is being positioned as a transformative technology for the
mining sector, with three core applications:
• A reprocessing solution for legacy tailings;
• A primary mineral processing technology for sulphidic and refractory ores; and
• A back-of-mine solution to reduce future tailings generation and acid-generating waste.
By targeting metal recovery from mine waste and difficult-to-process sulphide materials,
EnviroGold is focused on creating new economic value while supporting improved
environmental outcomes for mine owners, tailings owners, and surrounding communities.
David Cam, Executive Chairman of EnviroGold Global, said:
“The near-total exercise of these warrants is more than a financing milestone, it demonstrates
our shareholders’ strong support for the Company’s strategy. EnviroGold is entering a critical
phase of execution, and this additional capital allows us to move forward with greater
confidence, momentum, and flexibility as we advance commercialization and pursue growth
opportunities.”
About EnviroGold Global
EnviroGold Global Limited is a clean technology company focused on monetizing mine waste
and tailings while reducing environmental liabilities through the recovery of valuable metals.
The Company’s proprietary NVRO Process™ is designed to recover precious, strategic, and
critical metals from sulphidic and refractory mine waste and ores using a low-temperature,
atmospheric-pressure process.
EnviroGold operates a capital-light business model built on technology licensing, strategic
partnerships, and project deployment pathways that enable mining companies and tailings
owners to assess and commercialize metal recovery opportunities from existing waste streams
and future mine operations. The Company is also advancing its critical minerals hub strategy to
support centralized processing opportunities and accelerate commercial deployment of the
NVRO Process™ across multiple mineralized waste and ore streams.
CONTACTS:
Investor Cubed
Neil Simon, CEO
+1 647 258 3310
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined
in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy
of this release.
Forward-Looking Statements
This news release contains “forward-looking statements” and “forward-looking information” within the
meaning of applicable securities laws. Forward-looking statements are generally identified by words such
as “expect,” “plan,” “anticipate,” “intend,” “estimate,” “believe,” “may,” “will,” “should,” “could,”
“potential,” “positioned,” “advance,” “accelerate,” and similar expressions.
Forward-looking statements in this news release include, but are not limited to, statements regarding: the
intended use of proceeds from the exercise of the warrants; the Company’s ability to strengthen its
balance sheet and advance its growth strategy; the acceleration of commercialization of the NVRO
Process™; the advancement of the NVRO Process™ toward industrial-scale commercial deployment;
customer engagement and project assessment activities across global mining markets; the continued
advancement of the Company’s technology licensing model; the development of the Company’s critical
minerals hub strategy; the potential applications of the NVRO Process™ as a reprocessing solution for
legacy tailings, a primary mineral processing technology for sulphidic and refractory ores, and a back-of-
mine solution to reduce future tailings generation and acid-generating waste; the potential economic and
environmental benefits of the NVRO Process™; and the Company’s future growth opportunities,
business plans, commercialization initiatives and strategic objectives.
Forward-looking statements are based on management’s current expectations, assumptions and beliefs as
of the date hereof, including, without limitation: that the proceeds from the warrant exercises will be
available and used as currently anticipated; that the Company will have sufficient capital and resources to
advance its commercialization initiatives; that the NVRO Process™ will continue to demonstrate
technical performance, scalability and commercial applicability; that customer engagement and project
assessment activities will progress as anticipated; that mining companies, tailings owners and other
potential counterparties will be willing to evaluate, adopt or enter into commercial arrangements
involving the NVRO Process™; that the Company will be able to advance its technology licensing model
and critical minerals hub strategy on acceptable terms and timelines; that required equipment, personnel,
technical inputs, regulatory approvals, permits, third-party services and strategic relationships will be
available on acceptable terms; and that general business, regulatory, commodity price, market and
economic conditions will remain supportive of the Company’s plans and operations.
Actual results may differ materially from those expressed or implied by forward-looking statements due
to risks and uncertainties, including, without limitation: risks relating to the Company’s ability to execute
its business plan and commercialization strategy; risks that the NVRO Process™ may not perform as
expected at pilot, demonstration or commercial scale; risks relating to technology validation, scale-up,
deployment and commercial adoption; risks that customer engagement and project assessment activities
may not result in commercial arrangements, licensing revenue or project deployment; risks relating to the
development of the Company’s critical minerals hub strategy; risks relating to permitting, regulatory
approvals, stakeholder engagement and project-specific technical requirements; risks relating to the
availability and suitability of mine waste, tailings and other mineralized material for processing; risks
relating to commodity prices, foreign exchange rates, inflation, supply chains, logistics and availability of
financing; risks relating to competition, intellectual property, strategic partnerships and reliance on third
parties; changes in market, economic, industry, regulatory or political conditions; and other risks and
uncertainties beyond the Company’s control. This list is not exhaustive.
Forward-looking statements are not guarantees of future performance and involve risks, uncertainties and
assumptions that are difficult to predict. Readers are cautioned not to place undue reliance on forward-
looking statements. Except as required by applicable securities laws, the Company disclaims any
obligation to update or revise any forward-looking statements to reflect new information, future events or
otherwise.