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St-Georges Announces A Private Placement Offering Of Up To $1 Million

2026-04-01 07:00 ET - News Release

(via TheNewswire)

St-Georges Eco-Mining Corp.

M ontréal, April 1, 2026 – TheNewswire - St-Georges Eco-Mining Corp. (CSE: SX) (OTCQB: SXOOF) (FSE: 85G1) announces that it intends to complete a non-brokered private placement financing offering of up to 20,000,000 units of the Company at a price of $0.05 per Unit for proceeds of up to $1,000,000.

Each Unit will consist of one common share of the Company (a “Common Share”) and one-half of one common share purchase warrant (each whole warrant, a “Warrant”) (the “Offering”). Each Warrant will entitle the holder to acquire one additional Common Share at an exercise price of $0.075 per share for a period of 24 months from the date of issuance. Finders’ fees may be paid to some qualified intermediaries on the financing.

The Warrants will be subject to an acceleration provision whereby, if the volume-weighted average trading price of the Company’s common shares on the Canadian Securities Exchange is equal to or greater than $0.16 per share for a period of five (5) consecutive trading days, the Company may, at its discretion, accelerate the expiry date of the Warrants by providing a notice to holders, following which the Warrants will expire no later than thirty (30) days from the date of such notice.

The proceeds of the Offering are expected to be used for capital expenditures for operational upgrades and general working capital for the Company’s battery processing operations in its subsidiary EVSX Corp., for the completion of a NI 43-101 technical report for the Thor Gold Project, for the preliminary work required for the independent listing of Iceland Resources and for general working capital purposes.

ON BEHALF OF THE BOARD OF DIRECTORS

‘Neha Tally’
Corporate Secretary

About St-Georges Eco-Mining Corp.

St-Georges develops new technologies and holds a diversified portfolio of assets and patent-pending Intellectual Property within several highly prospective subsidiaries including: EVSX, a leading North American advanced battery processing and recycling initiative; St-Georges Metallurgy, with metallurgical R&D and related IP, including processing and recovering high grade lithium from spodumene; Iceland Resources, with high grade gold exploration projects including the flagship Thor Project; H2SX, developing technology to convert methane into solid carbon and turquoise hydrogen; and Quebec exploration projects including the Manicouagan and Julie nickel, copper and PGE critical mineral projects on Quebec’s North-Shore, and Notre-Dame niobium Project in Lac St-Jean.

Visit the Company website at www.stgeorgesecomining.com

 

For all other inquiries: public@stgeorgesecomining.com

 

The Canadian Securities Exchange (CSE) has not reviewed and does not accept responsibility for the adequacy or

the accuracy of the contents of this release.

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