UPDATE: EnviroGold Global Limited has swiftly retired over $10.2 million in debt, enhancing its balance sheet and positioning the company for rapid growth. This significant milestone comes as the company accelerates its commercialization efforts with its innovative NVRO ProcessTM.
On November 11, 2025, officials in Vancouver announced that EnviroGold successfully converted approximately $9.1 million in principal and $1.1 million in interest into shares, eliminating all outstanding convertible and promissory liabilities. This move marks a crucial step as EnviroGold gears up to implement its proprietary technology on a larger scale.
CEO David Cam stated, “With all convertible debt now retired and a clean balance sheet, EnviroGold enters its next phase from a position of strength.” The company aims to focus on executing the commercialization of its NVRO ProcessTM, which is designed to recover valuable metals while minimizing environmental impact.
The retired debt included Convertible Promissory Notes issued at a face value of $4,119,000. These notes were fully converted into 68,650,446 shares priced at $0.06 per share, with additional shares issued to cover interest and costs. This conversion took place between May 20, 2025, and November 7, 2025.
In a further update, the company plans to distribute 1,851,852 common shares as part of a financial advisory engagement fee, showcasing its commitment to fostering key partnerships. Additionally, 850,000 shares will be issued to the estate of former director Harold Wolkin in recognition of his contributions to the company.
EnviroGold is also incentivizing its leadership team. On November 6, 2025, the company granted 5,637,501 restricted share units, 18,500,000 performance share units, and 257,000 stock options to directors and officers. These awards are linked to operational milestones and are intended to align management’s interests with shareholder value creation.
The successful retirement of this debt not only strengthens EnviroGold’s financial position but also enhances its ability to attract further investment and accelerate the deployment of its sustainable mining technologies.
As EnviroGold moves forward, market watchers should keep an eye on how these developments impact the company’s growth trajectory and its potential to reshape the mining industry through environmentally friendly practices.
For more information, investors can view the company’s latest presentations and updates on their website. This transformative approach signals a pivotal moment for the clean-technology sector, reinforcing the need for sustainable solutions in resource management.
Stay tuned for further updates on EnviroGold’s advancements as they continue to lead the charge in innovative mining solutions.
