ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) Takes Proactive Step to Enhance Orderly Share Trading and Long-Term Shareholder Value

Disseminated on behalf of ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) and may include paid advertising.

• ESGold Corp., a development-stage company committed to the acquisition, exploration, and development of high-quality mineral properties worldwide, has engaged the market-making services of ICP Securities to correct temporary imbalances in the supply and demand of the company’s listed shares
• ICP will support orderly trading, improve quote quality, and enhance liquidity with its proprietary market-making algorithm, as ESGold continues advancing toward production
• The engagement is part of ESGold’s efforts to ensure its market presence accurately reflects the progress it is making, including advancement toward production and an expanding shareholder base

ESGold (CSE: ESAU) (OTCQB: ESAUF), a development-stage company committed to acquiring, exploring, and developing high-quality mineral properties worldwide, has engaged ICP Securities (https://ibn.fm/FpiUd). Toronto-based ICP is an automated market maker and liquidity provider with a proprietary market-making algorithm, ICP Premium(TM), that improves liquidity and quote health.

Under the agreement, ICP will provide ESGold with automated market-making services, including the use of its algorithm, in accordance with applicable laws and policies. As the designated automated market maker, ICP will facilitate smooth transactions of the company’s shares. Specifically, ICP will mainly help correct temporary imbalances in the supply and demand of ESGold’s listed shares.

“With the rise of algorithmic and high-frequency trading across the public markets, smaller public companies can be exposed to rapid trading activity that may amplify volatility, create short-term pricing inefficiencies, and cause the market to temporarily disconnect from the fundamentals of the business,” noted ESGold CEO, Gordon Robb.

“By engaging ICP, we are taking a proactive step to support more orderly trading, improve quote quality, and help mitigate temporary imbalances in the supply and demand of our shares,” he added.

The engagement comes amid positive developments, including the company’s continued advancement toward production and expansion of its shareholder base. For instance, ESGold recently announced a definitive agreement that would unlock a non-dilutive working capital facility of up to C$9 million to support near-term production and strengthen its operational and financial positioning (https://ibn.fm/cGbTE). The company, as a result, believes it is important for its market presence to reflect that underlying progress. Robb further explained that the agreement is part of ESGold’s move to enhance transparency and liquidity, and to create long-term value for its shareholders.

For more information about ESGold, visit the company’s website at www.ESGold.com.

NOTE TO INVESTORS: The latest news and updates relating to ESAUF are available in the company’s newsroom at https://ibn.fm/ESAUF

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