TAMPA, FLORIDA / ACCESS Newswire / August 20, 2025 / Wellgistics Health, Inc. (NASDAQ:WGRX) (“Wellgistics Health” or the “Company”), a leader in next-generation pharmaceutical distribution, digital prescription routing, and AI-powered hub fulfillment, today announced financial results for the second fiscal quarter ended June 30, 2025.
Financial Results
Revenue on a pro forma basis, which reflects results as if Wellgistics’ distribution operations had been part of the Company for the full comparable periods, was $18.65 million in the first half of 2025 compared to $18.25 million in the first half of 2024.
“This quarter marks an inflection point where disciplined execution and balance sheet improvements begin to align with our long-term growth strategy, setting the stage for results that extend far beyond today’s numbers,” said Mark DiSiena, Chief Financial Officer. “We are reshaping the company into a more resilient, technology-driven, and innovative organization.”
Transformational Progress Since IPO
Since completing its initial public offering in February 2025, Wellgistics Health has executed a disciplined operational approach anchored around three core initiatives:
Operational Integration
Consolidated Wellgistics LLC and Wood Sage LLC into a single, performance-driven platform.
Reduced SG&A and streamlined staffing to drive operational efficiency.
Upgraded ERP system to create real-time visibility, tighter controls, and scalable infrastructure to support rapid growth.
Governance & Balance Sheet
Appointed UHY LLP, a PCAOB-registered top 20 global audit network, which successfully completed its review of Q2 financial statements.
Advanced SOC 2 certification, underscoring commitment to operational excellence.
Consolidated and converted $10.1 million of debt into common stock equity (including $8.6 million after June 30), materially improving balance sheet flexibility.
Growth
Advanced AI-driven prescription routing and filtering technology.
Further developed the C-Suite and management team with best-in-class leadership.
Expanded manufacturer and pharmacy partnerships, strengthening national reach.
Positioned for Direct-to-Patient Leadership
Leveraging its network of more than 6,500 independent pharmacies and 200 manufacturers, Wellgistics Health is scaling manufacturer-to-patient (DTP) programs in therapeutic areas such as diabetes, weight loss, chronic pain, sleep disorders, and men’s and women’s health. As policymakers and payors intensify efforts to drive affordability, the DTP model is gaining traction as a faster, smarter, and more transparent channel.
CEO Commentary
“Wellgistics Health is positioned to expand access through direct-to-patient delivery models,” said Brian Norton, Chief Executive Officer. “We’ve built the infrastructure, strengthened the balance sheet, and continue to expand our national network of pharmacies and manufacturers. Our focus now is closing strategic funding to accelerate growth as we deliver a faster, smarter, and more direct path to patients while keeping community pharmacies at the center of care.”
Wellgistics Health delivers medications from manufacturer to patient-faster, smarter, and more affordably. Its integrated platform connects more than 6,500 independent pharmacies and 200 U.S. manufacturers, offering wholesale distribution, digital prescription routing, and AI-driven hub services such as eligibility, adherence, onboarding, prior authorization, and cash-pay fulfillment. As a PBM-agnostic alternative, Wellgistics Health provides compliant, end-to-end solutions designed to restore access, transparency, and trust in U.S. healthcare.
Forward-Looking Statements
This press release may contain forward-looking statements. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When Wellgistics Health uses words such as “may,” “will,” “intend,” “should,” “believe,” “expect,” “anticipate,” “project,” “estimate,” or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. These forward-looking statements include, without limitation, statements regarding Wellgistics Health’s strategy and descriptions of its future operations, prospects, and plans. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause actual results to differ materially from Wellgistics Health’s expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, market conditions and other risks detailed in our reports and statements filed with the SEC. Investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in Wellgistics Health’s filings with the SEC, available at www.sec.gov.
Skyline Corporate Communications Group, LLC Scott Powell, President 1177 Avenue of the Americas, 5th Floor New York, NY 10036 Office: (646) 893-5835 Email: info@skylineccg.com
NEW YORK CITY, NY / ACCESS Newswire / August 20, 2025 / IPOMarket.com, the next-generation platform for IPO media, investor engagement, and capital markets storytelling, today announced a landmark joint venture with Fintech.TV, theCUBE, and New to The Street. This partnership creates the most expansive and integrated global media network designed to amplify visibility for pre- and post-IPO companies. The collaboration combines national broadcast reach, digital authority, and direct access to Wall Street and global capital markets. Adding to this powerful alliance, John Furrier, cofounder of the influential tech media platform SiliconANGLE Media and theCUBE, joins as a strategic media partner-bringing enterprise reach, Silicon Valley access, and world-class credibility.
“Our mission is to redefine how IPO and growth-stage companies engage investors, analysts, and the public,” said Stephen Simon, President of IPOMarket.com. “By joining forces with Fintech.TV, theCUBE, and New to The Street, we’re offering unmatched visibility-from the stock exchange floors to boardrooms and investor inboxes worldwide.”
Vince Caruso, Founder and CEO of New to The Street, added: “With our weekly broadcasts on Fox Business and Bloomberg, over 3.2 million YouTube subscribers, Fintech.TV’s NYSE Floor Studio presence, and our acquisition of large investor email databases, we will deliver results at a scale far beyond traditional IR and PR firms-100x the impact in both scope and outcomes.”
Vince Molinari, CEO of Fintech.TV, commented: “This partnership is a game-changer. We’re not just creating visibility-we’re building the future of financial storytelling. Our global studio presence ensures companies have direct access to the world’s capital markets audience with transparency, trust, and impact.”
Troy McGuire, Managing Director at Fintech.TV, said: “Great content opens doors, but great distribution changes the game. This partnership fuses storytelling expertise with unparalleled reach, creating the world’s most influential media stage for visionary companies to be discovered-and remembered.”
In a major expansion of visual media exposure, Accel Media International (AMI) will contribute its full billboard inventory and rotational schedule-including placements across New York City, Las Vegas, and the top 10 U.S. markets. This ensures coast-to-coast visibility in high-traffic locations, from Times Square to the Las Vegas Strip. Through IPOMarket.com, participating companies gain access to:
Long-form interviews
National broadcasts on Fox Business and Bloomberg
YouTube distribution to 3.2M+ subscribers
Fintech.TV NYSE Floor Studio content
theCUBE’s NYSE and Palo Alto Studio content
Times Square and national billboard rotations via Accel Media International
Earned media across major networks
Targeted investor syndication and email marketing
IPOMarket.com delivers a unified media engine for IPO-stage companies looking to accelerate trust, visibility, and investor momentum.
IPOMarket.com is a media-driven capital markets platform built to empower pre- and post-IPO companies with unmatched investor visibility. Through a combination of national TV, digital distribution, earned media, and outdoor exposure, IPOMarket.com delivers a complete storytelling engine to help companies succeed before, during, and after going public. Learn more at www.IPOMarket.com.
About New to The Street New to The Street is one of America’s longest-running business television brands, broadcasting weekly sponsored programming across Fox Business and Bloomberg TV for more than 16 years. With 3.2M+ YouTube subscribers and 500,000+ social media followers, the platform amplifies CEO interviews, investor messaging, and corporate profiles through a blend of national TV, earned media, and Times Square billboard dominance. Learn more at www.NewToTheStreet.com.
About Fintech.TV Fintech.TV is a global media platform covering innovation, sustainability, and financial markets. With studio hubs at the NYSE, Abu Dhabi Global Market, and across Asia, Fintech.TV delivers daily content to institutional and retail audiences, blending capital markets insight with ESG and technology innovation. Learn more at www.Fintech.TV.
About Accel Media International Accel Media International (AMI) is a leading multimedia and outdoor advertising firm specializing in financial, luxury, and lifestyle brand amplification. AMI manages premium billboard space in Times Square, the Las Vegas Strip, and other top U.S. cities, offering scalable national reach with elite placement. As a strategic partner in this joint venture, AMI provides unmatched outdoor visibility for growth-stage companies seeking mass-market investor awareness.
About SiliconANGLE Media | theCUBE SiliconANGLE Media operates at the intersection of media, technology, and AI through SiliconANGLE.com, theCUBE Network, theCUBE Research, CUBE365, theCUBE AI, and theCUBE SuperStudios. Founded by John Furrier and Dave Vellante, theCUBE broadcasts from its studio on the NYSE trading floor and from Silicon Valley, delivering live coverage at major tech events worldwide. SiliconANGLE reaches more than 15 million technology professionals and has interviewed over 11,000 C-suite and technical leaders.
Designed to provide users with live mission training capabilities for advanced weapons and tactics training readiness through 2040
SAN DIEGO, CA / ACCESS Newswire / August 20, 2025 / Cubic Defense, the world’s leading provider of advanced air combat training, announces the firm-fixed-price IDIQ contract award by the USAF. The sole source contract will provide Block 7 engineering upgrades in addition to another 102 new P5 Pods equipped with the System Security Upgrade (SSU), with the work to be performed through March 24, 2028.
The P5CTS SSU was created to meet stringent security requirements that are fully interoperable with 5th Gen internal encrypted P5 subsystems. The addition of Block 7 capability means that customers can bring additional mission data down to the P5 Ground station to facilitate the latest weapons and effects adjudication.
“Cubic and its teammates are proud to support the USAF and Coalition partners with highly dependable, encrypted training capabilities, while extending the value of customer investments in authentic training,” stated Russ Marsh, President, Cubic Defense. “Our solutions provide a low-risk, flight-tested, National Security Agency-certified Type 1 multilevel encryptor that enables or restricts the access and transfer of information between security domains on the P5CTS without modifying the existing training Concept of Operations. The modular / drop in approach allows us to deliver leading edge capabilities on a proven platform that will support our customers’ multi-domain training to 2040 and beyond.”
Cubic, along with its principal subcontractor, Leonardo DRS, will be supporting all contractor activities relating to the Block 7 and Pod deliveries. The P5CTS improves U.S. and coalition training used by the USAF, U.S. Marine Corps, U.S. Navy, and coalition partners. The system permits the user to continuously relay time, space, and position information (TSPI) of the aircraft during training exercises, allowing the warfighter to train on a common platform with coalition partners.
About Cubic Cubic creates and delivers technology solutions in transportation that make people’s lives easier by simplifying their daily journeys, and defense capabilities that help promote mission success and safety for those who serve their nation. Led by our talented teams around the world, Cubic is driven to solve global challenges through innovation and service to our customers and partners.
Part of Cubic’s portfolio of businesses, Cubic Defense provides networked Command, Control, Communications, Computers, Cyber, Intelligence, Surveillance and Reconnaissance (C5ISR) products and services and is a leading provider of live, virtual, constructive, and game-based training solutions for both U.S. and Allied Forces. These mission-inspired capabilities enable assured multi-domain access; converged digital intelligence; and superior readiness for defense, intelligence, security and commercial missions. For more information, visit: Cubic Defense.
Rust Mobile makes its public hands-on debut at gamescom, located in Hall 06.1 – C-051G
The 1st Closed Beta kicks off in early November 2025, welcoming 30,000 players from North America, Western Europe, and select regions across Asia
SHENZHEN, CN / ACCESS Newswire / August 20, 2025 / Following its highly anticipated global reveal earlier this month, Level Infinite will launch the game’s 1st Closed Beta in early November. Players can be the first to get a hands-on with the game this week at gamescom 2025 in Cologne from 20th to 24th August. Rust Mobile delivers a full-scale open-world survival gameplay that millions of fans know and love, optimized for mobile devices.
Officially licensed by Facepunch Studios, Rust Mobile stays true to the spirit of the original while introducing a fresh way to survive on the go. From gathering resources and building fortified bases to ruthless PvP combat and the tension of trust and betrayal, the mobile version captures the essence of Rust. Players will have the opportunity to experience all the excitement the game offers firsthand at both gamescom and through the upcoming Closed Beta Test.
Rust Mobile at Gamescom 2025
Attendees can find the Rust Mobile booth in Hall 06.1 – C-051G, where they’ll get hands-on time with the game and take part in activities designed to bring the world of Rust to life. Activities include interacting with themed props, immersing themselves in the booth environment.
Every participant will also earn a spin on the Loot Wheel, with the chance to win exclusive Gamescom 2025 memorabilia, including limited-edition posters and tote bags.
1st Closed Beta Coming This November
Rust Mobile’s 1st Closed Beta will launch in early November 2025, inviting 30,000 players from North America, Western Europe, and select regions in Asia.
The beta will feature four language options English, Japanese, Traditional Chinese, and Thai and will support iOS, Android, and tablet devices, ensuring players can experience the game on their platform of choice.
For more information about Rust Mobile or to pre-register, head to rustmobile.com, or follow the game on X, and YouTube. For gamescom opening times visit www.gamescom.global.
About Level Infinite
Level Infinite is Tencent’s global games brand, dedicated to delivering engaging and original gaming experiences to a worldwide audience, whenever and wherever they choose to play. The brand also provides a wide range of services and resources to a network of developers and partner studios around the world to help them unlock the potential of their games. Level Infinite is both publisher of breakout hit games like PUBG MOBILE, Honor of Kings and Goddess of Victory: NIKKE and a collaborative partner in games such as Dune: Awakening from Funcom, Warhammer 40K: Darktide and many more. To learn more about Level Infinite, visit www.levelinfinite.com
ABBOTSFORD, BC / ACCESS Newswire / August 20, 2025 / Consumer Choice Award is pleased to announce the 2025 award recipients in the Abbotsford & Greater Region. These businesses have been meticulously selected through independent market research, reflecting their commitment to excellence and unparalleled service in their city. Consumer Choice Award celebrates those who have consistently set the benchmark for quality and customer satisfaction. Congratulations to the 2025 Abbotsford Consumer Choice Award Winners.
Learn more about 2025 Abbotsford Consumer Choice Award Winners HERE.
About Consumer Choice Award: Consumer Choice Award has been recognizing and promoting business excellence in North America since 1987. Its rigorous selection process ensures that only the most outstanding service providers in each category earn this prestigious recognition. Visit www.ccaward.com to learn more.
RED BANK, NJ / ACCESS Newswire / August 20, 2025 / Tharimmune, Inc. (Nasdaq:THAR) (“Tharimmune” or the “Company”), a clinical-stage biotechnology company dedicated to developing innovative therapeutic candidates for inflammation, immunology, and unmet medical needs announced positive results from a recent pharmacokinetic (PK) simulation analysis of its lead clinical asset, TH104, a buccal film formulation of nalmefene. The results reinforce the potential of TH104 as a prophylactic countermeasure for military personnel and chemical incident responders who may be exposed to high-potency opioids, including weaponized fentanyl and its analogues.
Fentanyl and related compounds pose national security threats due to their high potency and the potential for a devastating mass casualty incident if weaponized. There is a critical need for countermeasures that can be administered proactively, prior to potential exposure, to prevent or mitigate the rapid onset of respiratory and nervous system depression from these potent agents.
The analysis used pharmacokinetic simulations of TH104 as prophylaxis for respiratory depression in exposure to synthetic opioids based on data from the literature. The concentrations of TH104 necessary to block fentanyl respiratory depression were derived and simulations involved data from our Phase 1 study to generate concentration time curves above these concentrations. Using a conservative nalmefene concentration target – a threshold effect, (i.e. the protection from respiratory depression) was found to be achieved in approximately 30 minutes post dose and shown to maintain above this protection for about 24 hours. This is a potential key superiority of TH104 compared to currently available options (e.g. naloxone injection products). While naloxone injection can be used as a life-saving rescue medication, its effect is relatively short-lived, often lasting approximately 30-90 minutes. The prolonged prophylactic window of TH104 could be crucial in high-risk environments where exposure is a constant threat and immediate access to medical personnel may be limited. The ability of TH104 to potentially provide sustained protection is a significant advancement in prophylactic care against these potent agents.
The buccal film delivery of TH104 is designed as a non-injectable, rapid absorption and convenient-to-use administration, which may be advantageous for first responders who may be wearing full protective gear. The recent positive feedback earlier this year from the U.S. Food and Drug Administration (FDA) confirming that no additional clinical trials appear necessary prior to a 505(b)(2) New Drug Application (NDA) submission provides a path forward. Tharimmune is dedicated to advancing TH-104 to provide a potentially effective and patient-friendly treatment as an option for those in need, beginning with its critical role in national security.
About Tharimmune, Inc.
Tharimmune is a clinical-stage biotechnology company developing a diverse portfolio of therapeutic candidates in immunology, inflammation and oncology. Its lead clinical asset, TH104, is being developed for a specific indication via a 505(b)2 pathway for respiratory and/or nervous system depression in military personnel and chemical incident responders who may encounter environments contaminated with high-potency opioids. The expanded pipeline includes other indications for TH104, such as chronic pruritus in primary biliary cholangitis and TH023, a new approach to treating autoimmune diseases along with an early-stage multispecific biologic platform targeting unique epitopes against multiple solid tumors through its proprietary EpiClick™ Technology. The Company has a license agreement with OmniAb, Inc. to access their antibody discovery technology for targeting specified disease markers. Tharimmune continues to position itself as a leader in patient-centered innovation while working to deliver long-term value for shareholders. For more information, visit: www.tharimmune.com.
Forward Looking Statements
Certain statements in this press release are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical facts, contained in this press release, including statements regarding the timing and design of Tharimmune’s future Phase 2 trial, Tharimmune’s strategy, future operations, future financial position, projected costs, prospects, plans and objectives of management, are forward-looking statements. The words “anticipate,” “believe,” “continue,” “could,” “depends,” “estimate,” “expect,” “intend,” “may,” “ongoing,” “plan,” “potential,” “predict,” “project,” “target,” “should,” “will,” “would,” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. The Company may not actually achieve the plans, intentions, or expectations disclosed in these forward-looking statements, and you should not place undue reliance on these forward-looking statements. Actual results or events could differ materially from the plans, intentions and expectations disclosed in these forward-looking statements. Factors that may cause such differences, include, but are not limited to, those discussed under Risk Factors set forth in our Annual Report on Form 10-K for the year ended December 31, 2024 and other periodic reports filed by the Company from time to time with the Securities and Exchange Commission. In addition, the forward-looking statements included in this press release represent the Company’s views as of the date of this release. Subsequent events and developments may cause the Company’s views to change; however, the Company does not undertake and specifically disclaims any obligation to update or revise any forward-looking statements to reflect new information, future events or circumstances or to reflect the occurrences of unanticipated events, except as may be required by applicable law. These forward-looking statements should not be relied upon as representing the Company’s views as of any date subsequent to the date of this release.
New IRS enforcement efforts highlight risks for self-employed landscapers and lawn care crews who often rely on cash payments.
IRVINE, CA / ACCESS Newswire / August 20, 2025 / Landscapers and lawn care workers may soon find themselves facing heightened IRS scrutiny, according to tax relief firm Clear Start Tax. With many in the industry relying on cash payments and seasonal work, experts warn that unreported income could lead to unexpected tax bills, penalties, or even audits.
“The landscaping and lawn care industry is built on hard work, but it’s also one where cash payments are common,” said a spokesperson for Clear Start Tax. “What seems like a simple arrangement can actually create significant risk if income isn’t reported properly. The IRS has made it clear they’re stepping up enforcement in industries where cash is a big part of day-to-day business.”
Tax professionals note that many independent contractors in lawn care – from solo operators to small crews – often underestimate their tax liability. Without withholding or employer contributions, self-employed workers can fall behind quickly.
“Missing quarterly tax payments or failing to keep accurate records can snowball into debt that’s very difficult to recover from,” the spokesperson added. “We’re seeing more landscapers come to us with multiple years of unfiled returns or debts they didn’t realize had grown so large.”
Clear Start Tax advises landscapers and lawn care workers to keep detailed records of all payments, even small cash jobs, and to file returns on time to avoid penalties. For those who already owe back taxes, programs such as the IRS Fresh Start Initiative may provide relief.
By answering a few simple questions, taxpayers can find out if they’re eligible for the IRS Fresh Start Program and take the first step toward resolving their tax debt.
About Clear Start Tax Clear Start Tax is a national tax resolution firm dedicated to helping individuals and small businesses resolve IRS and state tax issues. With a team of experienced professionals, the company specializes in tax debt relief, audit defense, and personalized solutions designed to help clients regain financial stability.
About Clear Start Tax Clear Start Tax is a nationwide tax resolution and relief firm specializing in helping individuals and businesses address IRS and state tax issues. With a team of experienced tax professionals, the company provides tailored strategies for resolving back taxes, negotiating settlements, and achieving long-term compliance.
Strategic JV Expands ESGold Portfolio with Second Permitted Project Aimed at Cash Flow, Growth and Remediation in South America
VANCOUVER, BRITISH COLUMBIA / ACCESS Newswire / August 20, 2025 / ESGold Corp. (“ESGold” or the “Company“) (CSE:ESAU)(OTCQB:ESAUF)(FSE:Z7D) announced today that it has entered into a binding memorandum of understanding (MOU) with Planta Magdalena S.A.S. (“Planta”), a Colombian corporation, to form a joint venture for the development and reprocessing of fully permitted, gold- and silver-bearing tailings in the Department of Bolívar, Colombia.
This strategic move represents a significant step in ESGold’s plan to expand its tailings-to-cash-flow model beyond Québec, applying modern, environmentally responsible processing to legacy tailings in one of South America’s most prolific gold-producing regions. The Company aims to generate high-margin, scalable production while delivering environmental remediation benefits and positioning itself for further growth across the Americas.
Deal Highlights
Structure & Consideration: ESGold will contribute C$1.5 million for a 50% JV interest and will hold a first right of refusal to purchase the remaining 50% within 12 months at fair market value determined by independent third-party appraisal.
Permitting: Planta advises that it holds permits to commence tailings production. ESGold will conduct independent verification of all permits and licences as part of its due diligence prior to entering into a definitive agreement.
Strategic Rationale: The Bolívar JV is designed to replicate ESGold’s low-capex, high-margin tailings model developed at Montauban (Québec), while remediating legacy mine sites and improving environmental outcomes for local communities.
Fast-Track Workplan: Preliminary due-diligence fire-assay sampling of tailings (27 samples) has been completed. Concentrate tests on the assayed tailings are being finalized at Montauban and will be shipped to ACTLABS in Val-d’Or for analysis. On-site geological and metallurgical visits are being scheduled to finalize the proposed circuit and recovery parameters.
Path to Production: Subject to a definitive agreement, verification, and commissioning, the Company’s objective is to add a second high-margin operation alongside Montauban, with a target start-up in 2026.
“Bolívar has a long and storied history as one of Colombia’s most prolific gold-producing regions, with decades of artisanal and small-scale mining contributing significantly to the country’s overall output,” said Gordon Robb, CEO of ESGold. “The region still processes hundreds of thousands of tonnes of ore annually, yet much of it is handled using rudimentary mercury amalgamation methods that leave behind a substantial amount of gold and silver in the tailings. This creates an immense opportunity for ESGold to apply modern, environmentally responsible recovery technology that can significantly improve yields while remediating legacy mine sites. The early validation from our due-diligence sampling is highly encouraging, and it underscores the scalability of our tailings-to-cash-flow model as we aim to build a second high-margin operation in one of the most prolific gold-bearing districts in all South America.”
Initial Due-Diligence Sampling
As part of joint ESGold-Planta due diligence, 27 tailings samples were collected across the tailings sector and submitted to ACTLABS. Highlights (sample IDs as received) include:
SS806: 42.683 g/t Au
SS816: 19.284 g/t Au
SS817: 18.332 g/t Au
SS825: 10.787 g/t Au
In total, 8 of 27 samples assayed above 5 g/t Au, including several high-grade results; multiple samples also returned notable silver values exceeding 190 g/t Ag.
Cautionary Note: The samples referenced above are selective in nature, were collected for due-diligence screening, and may not be representative of the tailings as a whole. No mineral resource or reserve is being declared. Additional systematic sampling, QA/QC, and metallurgical test work are required to determine grade continuity, recoveries, and economic parameters. Results will be disclosed following Qualified Person (QP) review.
ESGold is finalizing bulk-sample concentrate tests to confirm recovery rates for the proposed mining circuit. Testing will be completed at the Company’s Montauban facilities with confirmed assays at ACTLABS in Québec on an expedited basis.
Why Bolívar, Colombia
The Department of Bolívar is recognized as one of Colombia’s most prolific gold-producing regions, with a mining tradition that spans centuries. Today, artisanal and small-scale miners in the region collectively process an estimated 300,000 tonnes of ore annually, producing approximately 128,000 ounces of gold. Despite this significant output, much of the material is processed using rudimentary mercury amalgamation methods, which typically recover less than half of the contained gold and silver.
This long-standing reliance on outdated technology leaves a substantial portion of precious metals unrecovered in the tailings. Modern, mercury-free processing techniques can materially improve recovery rates while eliminating the environmental harm caused by mercury. The combination of a large, continuous feed of tailings, a skilled local workforce, and the region’s established mining infrastructure creates a unique opportunity to launch a high-margin, environmentally responsible operation with near-term scalability potential.
By starting in Bolívar, ESGold positions itself to demonstrate the economic advantages of its tailings-to-cash flow model in one of South America’s most prolific gold-bearing districts, while delivering tangible environmental remediation benefits to local communities.
“The Bolívar opportunity perfectly fits our vision for ESGold’s growth,” said Paul Mastantuono, Chairman and COO. “This is a permitted project in one of South America’s most prolific gold districts, with the potential to quickly generate high-margin cash flow using our modern, environmentally responsible processing. The initial sample results are encouraging, and we’re eager to complete the next stages of technical and legal due diligence. Our team sees this as a launchpad to scale our proven model across multiple jurisdictions, delivering value for shareholders while making a measurable positive impact in the communities where we operate.”
Next Steps & Conditions
Definitive Agreement: Finalize binding terms with Planta Magdalena following the completion of legal, technical, and financial due diligence. This includes title and lien verification, litigation search, licensing and permitting review, and confirmation of compliance with Colombian mining and environmental regulations.
Technical Verification: Conduct QP-supervised site visits to the Bolívar project for systematic tailings sampling, full QA/QC protocols, metallurgical recovery testing, and circuit engineering design. The Company foresees this to occur in the beginning of September.
Bulk Concentrate Testing: Finalize ongoing bulk-sample concentrate tests from Planta Magdalena to confirm recovery rates for the proposed mining circuit. Testing will be completed at the Company’s Montauban facilities with confirmed assays at ACTLABS in Québec on an expedited basis.
Montauban Development: Continue construction and commissioning work at Montauban, where concentrate testing and process fine-tuning are progressing well. A detailed 3D geological model is nearing completion to refine high-priority drill targets, and the updated Preliminary Economic Assessment (PEA) will incorporate enhanced economics to reflect higher metal prices.
Implementation Planning: For the Bolívar JV, confirm and validate all operational frameworks, develop a localized community engagement plan, and finalize environmental management measures consistent with ESGold’s clean-processing standards.
Why This Matters to Shareholders
With Montauban fully permitted and under construction in Québec, the Bolívar opportunity marks a pivotal step toward building a scalable, self-funded, high-margin platform for precious metals production across the Americas. By securing permitted tailings projects in prolific mining districts, ESGold can generate predictable, repeatable cash flow that funds exploration and discovery without relying on continual equity dilution. This disciplined model pairs near-term production with the upside of exploration, creating a balance of stability and growth rarely seen in the sector. Coupled with our commitment to environmental remediation and community benefits, this strategy positions ESGold to compound value over time, transforming legacy mine waste into both shareholder returns and lasting positive impact across multiple jurisdictions.
Qualified Person Statement
The technical content of this news release has been reviewed and approved by André Gauthier, P.Geo., a Director of ESGold and a Qualified Person as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects. Sampling described herein was conducted for due-diligence screening; independent verification, QA/QC, and systematic work remain outstanding. No mineral resources or reserves are declared.
About ESGold Corp. ESGold Corp. (CSE:ESAU)(OTCQB:ESAUF)(FSE:Z7D) is a fully permitted, pre-production gold and silver mining company at the forefront of scalable clean mining and exploration innovation. With proven expertise in Quebec, the Company is advancing its Montauban Gold-Silver Project toward near-term production while unlocking long-term value through strategic redevelopment, modern discovery tools, and sustainable resource recovery. Montauban, located 80 km west of Quebec City, represents a blueprint for cash-flow-generating legacy site redevelopment across North America.
For more information, please contact ESGold Corp. at +1-888-370-1059 or visit esgold.com for additional resources, including a French version of this press release, past news releases, a 3D model of the Montauban processing plant, media interviews, and opinion-editorial pieces.
For further information or to connect directly, please reach out to Gordon Robb, CEO of ESGold Corp. at gordon@esgold.com or call 250-217-2321.
On behalf of the Board of Directors ESGold Corp. Paul Mastantuono Chairman & COO info@esgold.com +1-888-370-1059
Cautionary Note Regarding Forward-Looking Information This news release contains “forward-looking information” within the meaning of applicable Canadian securities laws, including statements regarding future production, cash flow, exploration results, project economics, and permitting. Forward-looking information is based on reasonable assumptions that management believes are current but involve known and unknown risks and uncertainties that may cause actual results to differ materially. These risks are detailed in the Company’s public filings on SEDAR+. Readers are cautioned not to place undue reliance on such statements. ESGold disclaims any obligation to update or revise any forward-looking information, except as required by law.
Neither the Canadian Securities Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release
FREMONT, CA / ACCESS Newswire / August 20, 2025 / Exclusive Networks, a global leader in cybersecurity, announces it has added renowned IT veteran Justin Crotty to strengthen the organization’s services business in the channel. Exclusive Networks spearheaded this expansion of services with the full acquisition of Cloudrise in late 2024, part of an overall strategy to enhance this cybersecurity orchestrator’s value proposition in North America. Crotty will hold two roles, as both Vice President, Services for Exclusive Networks North America; and as General Manager of Cloudrise. Crotty’s addition marks a significant milestone in Exclusive’s strategy to expand its offerings, complementing other recent pushes to increase its services portfolio. These include becoming both a Fortinet EPSP (Engage Preferred Services Partner) and an ATC (Authorized Training Center) for several industry-leading vendors.
“Justin has an outstanding pedigree to lead Exclusive Networks’ and Cloudrise’s services effort toward success,” said Jason Beal, President, Exclusive Networks, North America. “We’re impressed with his distribution expertise, depth of active partner relationships, channel sales experience, wealth of cybersecurity knowledge, and proficiency in developing B2B platforms. He has proven abilities in a diverse range of functional leadership roles, which will be an asset as we elevate our services portfolio and heighten our presence in the North American channel, and globally.”
Justin Crotty has a wide background in the IT channel, with a proven track record for delivering transformative services that elevate the capabilities of managed service providers (MSPs) and their end-customers. As a former channel executive at NetEnrich, Inc., Crotty has cultivated extensive relationships with industry-leading service providers. His skillset and experience are extensive, including SaaS platforms, channel marketing, distribution, cloud services, partner enablement, enterprise solutions and IT operations.
Exclusive Networks delivers high-value services ranging from managed security to specialist accreditation and training; in addition to bespoke cybersecurity solutions from a carefully curated portfolio of vendors. This allows solution providers to capitalize on rapidly evolving technologies and changing business models as the global threat landscape continues to shift. This technology aggregator’s value-generated services combine technical knowledge and market expertise to provide vendors and partners with design, implementation, training, support, and management services for innovative cyber technology.
Cloudrise, an Exclusive Networks company, delivers a range of services for MSPs and MSSPs including managed and professional services for leading Security Access Service Edge (SASE) environments, Data Security Posture Management (DSPM), and Cloud Native Application Protection Platform (CNAPP) solutions. The addition of this experienced channel executive fortifies Exclusive Networks’ industry-leading position as a trusted cybersecurity specialist and services aggregator.
“Exclusive Networks has emerged as a global force in the cybersecurity and services arena. I am excited to join their stellar team, returning to my roots in IT services and distribution,” said Crotty. “This position gives me the opportunity to leverage the business acumen I’ve built as a distributor, a cybersecurity analytics platform provider, a services provider and a channel advocate. I’ll dedicate these talents to help Exclusive drive the transformation of the cybersecurity space, allowing our vendors and partners to become more competitive in this complex market.”
For more information on how Exclusive Networks can help channel partners grow their security practices with end-to-end cybersecurity solutions and an expanding range of services, contact the North American account management team at https://www.exclusive-networks.com/usa.
About Exclusive Networks Exclusive Networks is a global cybersecurity go-to-market specialist that provides partners and end-customers with a wide range of services and product portfolios via proven routes to market. With offices in over 45 countries and the ability to serve customers in over 170 countries, we combine a local perspective with the scale and delivery of a single global organization.
Our best-in-class vendor portfolio is carefully curated with all leading industry players. Our services range from managed security to specialist technical accreditation and training and capitalize on rapidly evolving technologies and changing business models. For more information visit https://www.exclusive-networks.com/usa/.
About Cloudrise Cloudrise is a security services provider focused on protecting organizations’ data – wherever it resides. On prem, in the cloud, or anyplace in between, Cloudrise is an extension of the team, tailoring our scalable service model to security needs across the entire data lifecycle. We build, deploy, optimize, and manage forward-thinking data security programs on market-leading platforms. With centers of excellence in Colorado and London, our experience spans industries, geographies, and organizational sizes, demonstrating the success of our innovative and proven security talent acquisition and retention solution. Cloudrise can be found at https://www.cloudrise.com.
FOR MORE INFORMATION, CONTACT: Suzanne Mattaboni, CommCentric (on behalf of Exclusive Networks) smattaboni@commcentric.com
BARRIE, ONTARIO / ACCESS Newswire / August 20, 2025 / Anderson Blake Security, a trusted name in customized protection solutions across Ontario, has been recognized with the 2025 Consumer Choice Award in the Security Guard Services category for Barrie. This recognition underscores the company’s commitment to professional excellence, client-centered service, and modern, reliable security solutions.
Proudly Canadian-owned and fully licensed in Ontario, Anderson Blake Security offers tailored security services for residential and commercial properties, combining the latest in technology with experienced personnel to deliver dependable protection with a personal touch.
Customized Security Solutions, Built on Experience
What sets Anderson Blake Security apart is its personalized approach. The company does not believe in one-size-fits-all service. Instead, each client receives a customized security plan developed to meet their unique risk profile, property layout, and operational needs.
“We know every property and situation is different,” says the team at Anderson Blake Security. “Our clients count on us for tailored solutions that are effective, respectful, and adaptable.”
From uniformed guards to advanced video surveillance systems, the company delivers comprehensive security support grounded in industry best practices and client collaboration. Their services are backed by a team of seasoned professionals trained in the latest protocols, ensuring that safety is never compromised.
Residential and Commercial Protection
Anderson Blake Security serves a diverse range of clients, including residential communities, commercial sites, retail establishments, construction zones, and special events. The company provides uniformed guards, concierge-style security, mobile patrols, alarm response, CCTV installation, and remote monitoring.
Their Barrie-based team is known for being proactive, approachable, and professional-qualities that are critical in building trust with clients, tenants, and visitors alike.
“Security is about more than just presence-it’s about peace of mind,” the team explains. “That’s what we work to deliver on every site, every shift.”
Technology-Enabled, People-Driven
By integrating modern security technologies with traditional guarding services, Anderson Blake Security provides a well-rounded safety net for its clients. Whether it’s a small residential complex or a high-traffic commercial property, the company combines smart tools like surveillance cameras and monitoring systems with hands-on expertise to ensure full coverage and rapid response.
This technology-forward mindset allows for scalable, cost-effective solutions while maintaining the human element at the core of their service delivery.
A Local Team with a National Standard
Though headquartered in Ontario, Anderson Blake Security adheres to security standards and training protocols that meet or exceed national expectations. Each member of the team is carefully vetted, fully licensed, and trained to handle both routine operations and high-pressure scenarios with professionalism and discretion.
Their focus on accountability, communication, and ongoing training has earned them strong relationships with clients throughout the Barrie region and beyond.
Recognition Backed by the Community
The Consumer Choice Award is based on independent research, market reputation analysis, and consumer feedback. Being recognized in the Security Guard Services category reflects the consistent trust that businesses and residents in Barrie place in Anderson Blake Security.
“This award is an honour and a reflection of the commitment our team shows every single day,” the leadership team shares. “We’re proud to serve our clients and communities with professionalism and care, and we’re grateful for the support and recognition.”
A Trusted Partner for the Future
Looking ahead, Anderson Blake Security remains focused on refining its services, expanding its capabilities, and strengthening its role as a reliable partner for property owners across the region. As security challenges evolve, the company continues to invest in training, technology, and strategy to stay ahead of threats and deliver unmatched peace of mind.
To learn more about Anderson Blake Security or to request a consultation, visit www.andersonblake.com or explore their CCA Page.
About Anderson Blake Security Anderson Blake Security is a fully licensed, Canadian-owned security provider offering customized protection services for residential and commercial clients across Ontario. Based in Barrie, the company specializes in uniformed guards, mobile patrol, CCTV monitoring, concierge security, and more. Their personalized approach, industry expertise, and commitment to safety make them a trusted choice for professional security solutions.
About Consumer Choice Award: Consumer Choice Award has been recognizing and promoting business excellence in North America since 1987. Its rigorous selection process ensures that only the most outstanding service providers in each category earn this prestigious recognition. Visit www.ccaward.com to learn more.
