EnviroGold Retires Over $10.2 M in Debt, Clears Balance Sheet Ahead of Commercialisation

EnviroGold Global Limited (CSE: NVRO | OTCQB: ESGLF | FSE: YGK) announced that it has converted and retired approximately US $10.2 million in debt during 2025, comprising roughly US $9.1 million in principal and US $1.1 million in interest and other costs. With the retirement of all outstanding convertible and promissory liabilities, the company now enters its next growth phase with a “clean balance sheet” — positioning itself for full commercialisation of its proprietary NVRO Process™, which focuses on recovering high‑value metals from mine waste and tailings. The debt conversion included issuing 68,650,446 common shares at C$0.06 per share, plus an additional 3,192,363 shares issued for interest and costs between May 20 and November 7, 2025. The company also issued shares as part of advisor fees and compensation (1,851,852 shares at C$0.135 each) and estate shares (850,000 shares at C$0.115) to settle obligations to a former independent director. CEO David Cam commented that with the convertible debt removed and the balance sheet strengthened, EnviroGold is now focused on executing commercial partnerships, driving recurring revenue, and scaling its technology platform. #EnviroGold #NVROProcess #CleanBalanceSheet #MiningInnovation #SlimScan #GrowthStocks #CANSLIM