St-Georges Eco-Mining is pleased to announce that its wholly-owned subsidiary, Iceland Resources EHF, has acquired surface and minerals rights from private landowners on the Elbow Creek Project. Results from work done by the Company on behalf of the landowners are now available. Pursuant to the terms of the Agreement, the Company has granted the landowners a 2.5% NSR royalties, of which 1.3% can be bought back for US$1.3M [...]
St-Georges Eco-Mining is pleased to announce that it has closed a non-brokered private placement of 14,259,260 "flow-through" units at a price of $0.135 per Unit, for aggregate gross proceeds of $1,925,000. The financing was arranged with two institutional investors who have supported the Company's efforts to explore the Manicouagan project over the years. This cash injection will allow the Company to immediately send a [...]
St-Georges Eco-Mining is pleased to announce the closing of a $350,000 tranche of its previously announced non-brokered private placement of units at a price of $0.10 per Unit. An aggregate of 3,500,000 Units was issued under the Second Tranche. Each Unit consists of one common share in the capital of the Corporation and one Share purchase warrant. Each Warrant entitles the holder thereof to purchase one Share at a price [...]
St-Georges Eco-Mining is pleased to announce that it has entered into a binding term sheet with Slam Exploration Ltd. to option its Notre-Dame Niobium Critical Minerals Project. The Notre-Dame Niobium Critical Minerals Project is comprised of 116 claims for a total of approximately 64 square km. The project was brought to the attention of the Company in late 2021. In the Spring of 2022, the Company's contracted geological [...]
St-Georges Eco-Mining is pleased to announce that its wholly owned battery recycling subsidiary, EVSX Corp., has entered into a binding agreement with the Italian company AraBat SRL, to establish a joint venture to build an industrial battery processing plant in the Italian region of Puglia, where AraBat's operations are located. Agreement for Joint Venture The future partners agreed to work on a final agreement to be [...]
St-Georges Eco-Mining confirms that there is no undisclosed adverse material situation that would explain the decline in the Company's stock trading price over the past few weeks. The Company is focusing on putting its battery recycling units into production and is actively looking at monetizing its other core assets. As part of its ongoing analysis of its business model, the Company continues to evaluate different [...]
St-Georges Eco-Mining is pleased to announce the closing of a $625,500 first tranche of its previously announced non-brokered private placement of units at a price of $0.10 per Unit. An aggregate of 6,255,000 Units was issued under the First Tranche. Each Unit consists of one common share in the capital of the Corporation and one Share purchase warrant. Each Warrant entitles the holder thereof to purchase one Share at a [...]
St-Georges Eco-Mining would like to provide an update on its battery recycling operations in Ontario and disclose that it has arranged for a private placement offering for up to $1,250,000. Battery Recycling Plant EVSX is moving forward with the setup of its operations while awaiting the environmental authorization it sought earlier this year. Most of the efforts are being put into the growth of its network to secure [...]
St-Georges Eco-Mining would like to inform its shareholders that it has posted its Audited Financial Statements for the 12-month period ended March 31, 2023, and the prior 15 months period ended March 31, 2022, and the corresponding Management Discussion & Analysis on SEDAR. The consolidated financial statements comprise the accounts of the Company and its controlled subsidiaries. All intercompany transactions, balances [...]
St-Georges Eco-Mining would like to disclose that it has received confirmation of delivery of the second automated industrial battery processing circuits at its EVSX plant in Thorold, ON. Each circuit is capable of processing 7,920 tons of batteries per year. This circuit will add capacity to the circuits already delivered, allowing the Company to process 20,000 tons of spent batteries annually. This includes a 4,800-ton [...]
St-Georges Eco-Mining is pleased to announce that it has closed a $396,000 first tranche of a non-brokered private placement with one institutional placee. The maximum offering could be up to 6,666,667 flow-through units at a price of $0.18 per FT Unit for aggregate gross proceeds of up to $1,200,000. Under the First Tranche, the Corporation issued 2,200,000 FT Units. Each FT Unit consists of one common share in the [...]
St-Georges Eco-Mining is pleased to announce that the first modular industrial recycling circuit capable of processing 7,800 tonnes of battery per year has cleared Canadian customs in Montréal and will be forwarded to the Company's battery recycling facility in Thorold, Ontario. The Company expects to inspect the modules and begin installing the line at its facility this summer. The line is already CSA certified [...]
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