What you need to know: • ESGold has signed a definitive doré purchase agreement with Ocean Partners, which will purchase 100% of the gold and silver doré produced from Montauban. • The agreement includes a non-dilutive working capital facility of up to $9M available in two tranches ($3M and $6M). • Field collection for the expanded 70km2 ANT survey is now complete, with drill permits anticipated in the near term. This morning, ESGold Corp. (ESAU:CSE, ESAUF:OTC, Z7D:FSE) announced that it has signed a definitive gold and silver doré purchase agreement with Ocean Partners UK Ltd., which came on the back of the binding term sheet announced in October 2025. Ocean Partners is a globally recognized metals trading, technical advisory, and mine financing group serving the international mining and smelting industries and will purchase 100% of doré produced from Montauban's tailings and crown pillar material. The agreement also provides ESGold with access to a non-dilutive working capital facility of up to $9M. In parallel, ESGold confirmed that field collection for its expanded 70km² district-scale Ambient Noise Tomography survey is now complete, and that drill permits are anticipated to be received in the near term. We are maintaining our BUY rating and target price of C$1.30/share on ESGold. Agreement Terms Ocean Partners will purchase 100% of the gold and silver doré produced from the Montauban Project, derived from tailings and potential crown pillar material, with minimum delivery commitments totalling 50Koz Au and 1.0Moz Ag over the term of the agreement, which is based on projected production scenarios and development plans. Pricing is based on prevailing LBMA or COMEX market prices, with Ocean Partners paying for 99.8% of contained gold and 99% of contained silver, subject to refining charges of US$0.80 per payable ounce of gold and US$0.50 per payable ounce of silver. The Agreement provides ESGold with access to a working capital facility of up to $9M, available in two tranches consisting of an initial $3M tranche and a subsequent $6M tranche. Each drawn tranche is subject to a 1% arrangement fee and bears interest at three-month term SOFR plus 7.00% per annum until repaid, and ESAU will have flexibility with regard to timing and use of the facility.