07:28 AM EDT, 09/16/2025 (MT Newswires) -- EnviroGold Global ( ESGLF ) said overnight Monday that it is raising up to $5 million in a private placement to accelerate growth.

The offering is priced at $0.09 per unit. Each unit will consist of one share and one transferable warrant. Each warrant can be exercised at $0.13 per share for three years.

EnviroGold said it will use the funds to advance its technology platform and commercial roadmap. The company aims to transform mine waste into high-value metals.

The offering is expected to close Oct. 15.

The company's share price fell 10% to $0.09 on the CSE Monday.