EnviroGold Closes First Tranche of Non-Brokered Private Placement and Confirms Strong Momentum Toward Final Tranche - NVRO Metals

▤ Summary

EnviroGold Global closed the first tranche of its non-brokered private placement and raised C$2.2 million from the issuance of units. The company says it plans to use the proceeds to advance its technology platform, complete engineering and technical studies, run demonstration plant campaigns, reduce debt, and support working capital. Management expects to complete the remaining tranche of the C$5 million offering in the near term. EnviroGold positions itself as a technology company that helps mining customers monetize metals from mine waste and tailings while reducing environmental liabilities.

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