St-Georges Eco-Mining (Seite 3)
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Green Hydrogen & Battery Grade Nanocarbon Developments
MONTRÉAL, QC / ACCESSWIRE / April 25, 2022 / St-Georges Eco-Mining Corp. (CSE:SX)(OTCQB:SXOOF)(FSE:85G1) is pleased to announce that its wholly-owned subsidiary, H2SX, has executed a final agreement with the South Korean company Wintech Energy Corp. Ltd. The agreement allows H2SX to access Wintech Energy's green hydrogen technology. Through this agreement, Wintech Energy becomes a shareholder of H2SX.
"This technology will make it possible to produce hydrogen with a low carbon footprint and low energy intensity. In our jargon, this is what we call ccH2™, which is cheap and clean hydrogen," said Sabin Boily, CEO of H2SX.
In contrast to traditional hydrogen production, this green hydrogen production process does not require any freshwater molecules. It is based on the separation of the methane molecule coming from natural gas, or ideally from biogas produced by organic waste, into gaseous hydrogen - the ccH2™ molecule - and high purity carbon powder. The process can be almost ten times more energy-efficient than water electrolysis as it does not consume any of this ultra-stable and precious molecule, leaving water available for humans, animals, and agriculture.
Wintech Energy
Wintech Energy's proprietary technology uses microwave plasma and is a collaboration between the Korean Institute of Fusion Energy (KFE, formally the Korea National Fusion Research Institute - NFRI), the Korea Energy Institute (KIER), Kwangwoon University, Wintech Energy, and the Ministry of Trade, Industry and Energy (MOTIE).
"This agreement with H2SX will allow Wintech to demonstrate our unique expertise beyond our borders and actively work to implement strategic, innovative technology solutions to fight climate change," stated Jung Cheol Park, CEO of Wintech Energy.
Wintech's financial partners and business networks
Wintech also benefits greatly from the support of its financial partners and their business networks in its international deployment.
"We know that the hydrogen economy will become an increasingly important part of the investment portfolio at KB in the future. Wintech has such potential, and we will be seriously looking for opportunities in this sector, both here and elsewhere," noted Peter Chunsoo Park, Managing Director, Head of Global Business & Strategy, KB Securities.
The ccH2™ technology will allow St-Georges to realize the full synergistic potential of its products and subsidiaries' by-products: from the refining of critical materials from its future mining activities, through the possibility of direct use of the ccH2™ technology in reduction processes up to the production of "green" clean hydrogen-based acids, to its battery recycling activities.
The high purity nanocarbon powder that is the by-product of the ccH2™ technology is suitable for anode electrodes for lithium-ion batteries. The ultimate valorization of process rejects into value-added fertilizer for St-Georges is an example of the potential of ccH2™ in the current global context of fertilizer shortages.
The Transaction
H2SX is acquiring a global non-exclusive license as well as an exclusive license for the territories of Iceland, the State of Nevada of the United States of America, and the Provinces of Quebec and Ontario of Canada. The exclusive license also covers all-natural resource-based operations in Canada.
The patents included in the license:
Patent Information
Production Facility and Process of Hydrogen through Steam Plasma
KIPO Patent #10-1594350 (15 February 2016)
Refining Facility and Process of Carbon through Microwave Plasma
KIPO Patent #10-1504247 (13 March 2016)
Production Facility and Process of Carbon Monoxide through Steam Plasma
KIPO Patent #10-1664833 (2 October 2015)
Production Facility and Process of Hydrogen through Steam Plasma
International Patent #PCT/KR2016/003111 (28 March 2016)
Additional terms
Additional intellectual property developed by the partners will be co-owned, half by H2SX and half by the licensors.
Compensation
H2SX will issue a total of 990,000 common shares representing 9.9% of its common shares, in favor of Wintech (4.95%) and ZeeOne (4.95%). The parties will also receive preferred shares with a conversion rate potentially representing 10% of the outstanding shares of H2SX. No cash will be disbursed.
A series of 5-year Special Milestone Warrants exercisable at CA $1.00 will also be issued based on the following milestones:
Milestone
Number of Warrants
Wintech
Number of Warrants
ZeeOne
Upon completion of building the pilot plant before 2024/07/01
200,000
200,000
New IP for hydrogen production
100,000
100,000
New IP for carbon production
125,000
125,000
New technology related to H2SX's objectives
50,000
50,000
Upon completion of building the first production plant before 2028/07/01
250,000
250,000
Fertilizer Technology Update and Public Sector Contribution
Additionally, H2SX, St-Georges, Wintech, and their partners are announcing their intention to set up a major industrial research chair with the mandate to "evaluate, develop, and commercialize cheap and clean hydrogen-based fertilizers". The research chair will be located at the Cintech Agroalimentaire agri-food research center in Saint-Hyacinthe, Quebec.
"(…) since Cintech Agroalimentaire's mission is to increase the innovation and competitiveness of the Quebec agri-food industry by supporting R&D, a unique new research chair in the fertilizer sector for greener and low costs innovative additives and supplements is in line with our objective of decarbonizing our industry," added Jean Lacroix, CEO of Cintech Agroalimentaire, as he welcomed the creation of the new research chair.
Cintech Agroalimentaire will be responsible for, among other things, the scientific direction of the chair and the use of private funds to find public subsidies to match private contributions. H2SX will benefit from the commercial spin-off of the discoveries and the scientific and technical breakthroughs resulting from the chair's work. The Company expects that the government could deploy an estimate of CA $2 Million over the next five years to support the initiative.
"(…) Green hydrogen technology is a natural fit across all our business verticals (…) with lithium production, battery recycling, and nickel resource development (…) it will be essential in the making of large quantities of low-cost fertilizers from the by-products of these operations (…) creating endless synergies with one of the goals being to be the lowest cost H2 producer in the industry (…) Our core philosophy is to close the loops in our processes with circular green technologies, no waste, more profits (…)" commented Enrico Di Cesare, St-Georges' VP R&D.
________________________________________________________________________________________________________________________
Contact: public@stgeorgesecomining.com
ON BEHALF OF THE BOARD OF DIRECTORS
"Frank Dumas"
FRANK DUMAS
Director & COO
About KB Securities Co Ltd
KB Securities Co., Ltd. provides financial services. The Company provides brokerage, securities dealing, underwriting, corporate finance, mutual funds, online trading, and derivatives. KB Securities also sells stock type unit trusts. KB Securities, one of the biggest investment banks in Korea, has $4 billion in capital, $100 billion in investor assets, and 3.8 million investors. KB Securities is a subsidiary of KB Asset Management.
About Cintech Agroalimentaire
Since 1986, Cintech Agroalimentaire has offered its expertise and technological support to Quebec agri-food companies seeking to improve their performance. Located in the heart of an agri-food technology park, Cintech Agroalimentaire is recognized for strengthening innovation and the competitiveness of the Quebec agri-food industry by supporting R&D, consumer research and technology transfer.
About H2SX
H2SX, a subsidiary of St-Georges Eco-Mining, implements innovative cheap and clean hydrogen production solutions that unlock hydrogen's real economic and environmental value. The clean hydrogen produced is destined for a multitude of markets and allows the creation of value-added products while attributing green premiums to them. H2SX also supports the St-Georges family of companies by bringing undeniable benefits to their full circle recycling efforts. H2SX is the catalyst for limitless business opportunities.
About St-Georges Eco-Mining Corp.
St-Georges develops new technologies to solve some of the most common environmental problems in the mining sector, including maximizing metal recovery results throughout the value chain.
The company has an integrated urban mining strategy which includes full-circle battery recycling and green hydrogen production. St-Georges also has verticals in critical mineral exploration in Quebec and Iceland.
Headquartered in Montreal, St-Georges' stock is listed on the CSE under the symbol SX and trades on the Frankfurt Stock Exchange under the symbol 85G1 and on the OTCQB Venture Market for early stage and developing U.S. and international companies. Companies are current in their reporting and undergo an annual verification and management certification process. Investors can find Real-Time quotes and market information for the company on www.otcmarkets.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.
SOURCE: St-Georges Eco-Mining Corp.
View source version on accesswire.com:
https://www.accesswire.com/698573/Green-Hydrogen-Battery-Gra…
Green Hydrogen & Battery Grade Nanocarbon Developments
MONTRÉAL, QC / ACCESSWIRE / April 25, 2022 / St-Georges Eco-Mining Corp. (CSE:SX)(OTCQB:SXOOF)(FSE:85G1) is pleased to announce that its wholly-owned subsidiary, H2SX, has executed a final agreement with the South Korean company Wintech Energy Corp. Ltd. The agreement allows H2SX to access Wintech Energy's green hydrogen technology. Through this agreement, Wintech Energy becomes a shareholder of H2SX.
"This technology will make it possible to produce hydrogen with a low carbon footprint and low energy intensity. In our jargon, this is what we call ccH2™, which is cheap and clean hydrogen," said Sabin Boily, CEO of H2SX.
In contrast to traditional hydrogen production, this green hydrogen production process does not require any freshwater molecules. It is based on the separation of the methane molecule coming from natural gas, or ideally from biogas produced by organic waste, into gaseous hydrogen - the ccH2™ molecule - and high purity carbon powder. The process can be almost ten times more energy-efficient than water electrolysis as it does not consume any of this ultra-stable and precious molecule, leaving water available for humans, animals, and agriculture.
Wintech Energy
Wintech Energy's proprietary technology uses microwave plasma and is a collaboration between the Korean Institute of Fusion Energy (KFE, formally the Korea National Fusion Research Institute - NFRI), the Korea Energy Institute (KIER), Kwangwoon University, Wintech Energy, and the Ministry of Trade, Industry and Energy (MOTIE).
"This agreement with H2SX will allow Wintech to demonstrate our unique expertise beyond our borders and actively work to implement strategic, innovative technology solutions to fight climate change," stated Jung Cheol Park, CEO of Wintech Energy.
Wintech's financial partners and business networks
Wintech also benefits greatly from the support of its financial partners and their business networks in its international deployment.
"We know that the hydrogen economy will become an increasingly important part of the investment portfolio at KB in the future. Wintech has such potential, and we will be seriously looking for opportunities in this sector, both here and elsewhere," noted Peter Chunsoo Park, Managing Director, Head of Global Business & Strategy, KB Securities.
The ccH2™ technology will allow St-Georges to realize the full synergistic potential of its products and subsidiaries' by-products: from the refining of critical materials from its future mining activities, through the possibility of direct use of the ccH2™ technology in reduction processes up to the production of "green" clean hydrogen-based acids, to its battery recycling activities.
The high purity nanocarbon powder that is the by-product of the ccH2™ technology is suitable for anode electrodes for lithium-ion batteries. The ultimate valorization of process rejects into value-added fertilizer for St-Georges is an example of the potential of ccH2™ in the current global context of fertilizer shortages.
The Transaction
H2SX is acquiring a global non-exclusive license as well as an exclusive license for the territories of Iceland, the State of Nevada of the United States of America, and the Provinces of Quebec and Ontario of Canada. The exclusive license also covers all-natural resource-based operations in Canada.
The patents included in the license:
Patent Information
Production Facility and Process of Hydrogen through Steam Plasma
KIPO Patent #10-1594350 (15 February 2016)
Refining Facility and Process of Carbon through Microwave Plasma
KIPO Patent #10-1504247 (13 March 2016)
Production Facility and Process of Carbon Monoxide through Steam Plasma
KIPO Patent #10-1664833 (2 October 2015)
Production Facility and Process of Hydrogen through Steam Plasma
International Patent #PCT/KR2016/003111 (28 March 2016)
Additional terms
Additional intellectual property developed by the partners will be co-owned, half by H2SX and half by the licensors.
Compensation
H2SX will issue a total of 990,000 common shares representing 9.9% of its common shares, in favor of Wintech (4.95%) and ZeeOne (4.95%). The parties will also receive preferred shares with a conversion rate potentially representing 10% of the outstanding shares of H2SX. No cash will be disbursed.
A series of 5-year Special Milestone Warrants exercisable at CA $1.00 will also be issued based on the following milestones:
Milestone
Number of Warrants
Wintech
Number of Warrants
ZeeOne
Upon completion of building the pilot plant before 2024/07/01
200,000
200,000
New IP for hydrogen production
100,000
100,000
New IP for carbon production
125,000
125,000
New technology related to H2SX's objectives
50,000
50,000
Upon completion of building the first production plant before 2028/07/01
250,000
250,000
Fertilizer Technology Update and Public Sector Contribution
Additionally, H2SX, St-Georges, Wintech, and their partners are announcing their intention to set up a major industrial research chair with the mandate to "evaluate, develop, and commercialize cheap and clean hydrogen-based fertilizers". The research chair will be located at the Cintech Agroalimentaire agri-food research center in Saint-Hyacinthe, Quebec.
"(…) since Cintech Agroalimentaire's mission is to increase the innovation and competitiveness of the Quebec agri-food industry by supporting R&D, a unique new research chair in the fertilizer sector for greener and low costs innovative additives and supplements is in line with our objective of decarbonizing our industry," added Jean Lacroix, CEO of Cintech Agroalimentaire, as he welcomed the creation of the new research chair.
Cintech Agroalimentaire will be responsible for, among other things, the scientific direction of the chair and the use of private funds to find public subsidies to match private contributions. H2SX will benefit from the commercial spin-off of the discoveries and the scientific and technical breakthroughs resulting from the chair's work. The Company expects that the government could deploy an estimate of CA $2 Million over the next five years to support the initiative.
"(…) Green hydrogen technology is a natural fit across all our business verticals (…) with lithium production, battery recycling, and nickel resource development (…) it will be essential in the making of large quantities of low-cost fertilizers from the by-products of these operations (…) creating endless synergies with one of the goals being to be the lowest cost H2 producer in the industry (…) Our core philosophy is to close the loops in our processes with circular green technologies, no waste, more profits (…)" commented Enrico Di Cesare, St-Georges' VP R&D.
________________________________________________________________________________________________________________________
Contact: public@stgeorgesecomining.com
ON BEHALF OF THE BOARD OF DIRECTORS
"Frank Dumas"
FRANK DUMAS
Director & COO
About KB Securities Co Ltd
KB Securities Co., Ltd. provides financial services. The Company provides brokerage, securities dealing, underwriting, corporate finance, mutual funds, online trading, and derivatives. KB Securities also sells stock type unit trusts. KB Securities, one of the biggest investment banks in Korea, has $4 billion in capital, $100 billion in investor assets, and 3.8 million investors. KB Securities is a subsidiary of KB Asset Management.
About Cintech Agroalimentaire
Since 1986, Cintech Agroalimentaire has offered its expertise and technological support to Quebec agri-food companies seeking to improve their performance. Located in the heart of an agri-food technology park, Cintech Agroalimentaire is recognized for strengthening innovation and the competitiveness of the Quebec agri-food industry by supporting R&D, consumer research and technology transfer.
About H2SX
H2SX, a subsidiary of St-Georges Eco-Mining, implements innovative cheap and clean hydrogen production solutions that unlock hydrogen's real economic and environmental value. The clean hydrogen produced is destined for a multitude of markets and allows the creation of value-added products while attributing green premiums to them. H2SX also supports the St-Georges family of companies by bringing undeniable benefits to their full circle recycling efforts. H2SX is the catalyst for limitless business opportunities.
About St-Georges Eco-Mining Corp.
St-Georges develops new technologies to solve some of the most common environmental problems in the mining sector, including maximizing metal recovery results throughout the value chain.
The company has an integrated urban mining strategy which includes full-circle battery recycling and green hydrogen production. St-Georges also has verticals in critical mineral exploration in Quebec and Iceland.
Headquartered in Montreal, St-Georges' stock is listed on the CSE under the symbol SX and trades on the Frankfurt Stock Exchange under the symbol 85G1 and on the OTCQB Venture Market for early stage and developing U.S. and international companies. Companies are current in their reporting and undergo an annual verification and management certification process. Investors can find Real-Time quotes and market information for the company on www.otcmarkets.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.
SOURCE: St-Georges Eco-Mining Corp.
View source version on accesswire.com:
https://www.accesswire.com/698573/Green-Hydrogen-Battery-Gra…
news!
Antwort auf Beitrag Nr.: 71.357.563 von falky89 am 14.04.22 10:44:35@falky89, kannst du noch etwas Kontext zu den Chat Nachrichten geben? Wen meinte Frank Dumas denn mit "they", die ihren eigenen News Kanal hätten? Irgendwelche Partner, die aktuell noch unter Verschwiegenheitsklauseln stehen?
"It's probably the most material news we ever had"
"You will see that they are when they put news out on their own feed :😶"
Das sind paar Auszüge aus Nachrichten die ich gestern mit Dumas ausgetauscht habe.
Ich denke auch, dass wir mittel- bis langfristig, wobei ich mit langfristig definitiv dieses Jahr meine, eine deutliche Erhöhung und Stabilisierung des SP sehe. Man darf auch nicht vergessen was noch an news sehr kurzfristig zu erwarten ist. 😉
Und da SX ja auch im pumpen ganz gut ist, könnte ich mir vorstellen, dass sie jetzt einiges an News droppen werden.
Grüße
falky89
"You will see that they are when they put news out on their own feed :😶"
Das sind paar Auszüge aus Nachrichten die ich gestern mit Dumas ausgetauscht habe.
Ich denke auch, dass wir mittel- bis langfristig, wobei ich mit langfristig definitiv dieses Jahr meine, eine deutliche Erhöhung und Stabilisierung des SP sehe. Man darf auch nicht vergessen was noch an news sehr kurzfristig zu erwarten ist. 😉
Und da SX ja auch im pumpen ganz gut ist, könnte ich mir vorstellen, dass sie jetzt einiges an News droppen werden.
Grüße
falky89
Antwort auf Beitrag Nr.: 71.355.055 von johnrico2000 am 13.04.22 23:49:31...ehrlich gesagt sind das so viele gute Neuigkeiten und Aussichten, ich kann mir das alles gar nicht mehr vorstellen ich denke das wird ein gutes Jahr für SX werden und ich denke auch so langsam wird der Kurs wider anziehen und die Fantasie zurück kommen...
Schöne Feiertage und frohe Ostern!
Schöne Feiertage und frohe Ostern!
Antwort auf Beitrag Nr.: 71.354.662 von sandsack am 13.04.22 22:25:18Bin mal gespannt, ob sie die News morgen auch wieder auf Deutsch rausbringen. Verdient hätte sie es. 😀
news
Green Light for Battery Recycling & Nickel Ingot Production
Montréal, April 13, 2022 – St-Georges Eco-Mining Corp. (CSE: SX) (OTCQB: SXOOF) (FSE:
85G1) is pleased to announce that on April 12, 2022, its board of directors has voted unanimously to
authorize its subsidiary EVSX to move forward with its plan to recycle batteries and produce nickel
ingots in Baie-Comeau, Québec in 2022.
St-Georges, via and in conjunction with its subsidiary EVSX, expects to initiate the acquisition of a
building and is in talks to establish options on two additional land plots representing close to 400,000
square feet. These transactions should be initiated during this month of April. The plots of land are
adjacent to rail lines and will be admissible to tax credits and other incentives from the federal and
provincial governments, as well as a basket of incentives from the municipality.
This initial commercial showcase plant will constitute phase one of a series of other developments to be
established, via a modular approach, in different locations. The plant in Baie-Comeau will be constituted
of three circuits, each able to process 200 metric tonnes per hour. One of the circuits will be reserved for
nickel-cadmium batteries. The other two are expected to process a mix of different chemical types in
order to produce black mass to be processed further in a separate tech plant.
The CAPEX for the project’s first phase is currently estimated at roughly CA$15,000,000, including
grants, incentives, and contingencies, and the plant should be commercially operational before the end of
the year. It is expected that between 6 to 8 million dollars will be raised by St-Georges either in equity or
in convertible debenture. The Company expects to finance the building and equipment via commercial
loans and mortgages. These lending instruments have not yet been negotiated, and there are no current
guarantees that the Company will be successful in securing lenders. The incentives are also in the
discussion stage with the different levels of government. St-Georges expects to be able to provide more
information on these matters within the next 60 days.
The independent consultants working on the feasibility study for the Company will deliver a phase one
report to EVSX management this week. The Company expects to augment and extend their mandate to
define and articulate phase two of the EVSX project. Multiple sites will operate as feeder sites for BaieComeau (nickel center), with other locations to be identified. Sites in Contrecoeur, QC and Hamilton, ON
are currently under review but are not owned by the Company. There is no guarantee that the Company
will acquire any of the sites at this stage. These modular plants will allow for the processing of all sorts of
batteries, the front-end recuperation of the steel, copper, aluminium, and carbon (graphite) and the
production of critical minerals-rich black mass. The Company expects to deploy these modular plants
itself or in partnerships in areas where a significant availability of spent batteries exists or where the local
authorities are expected to embark on large recycling profit sharing program with the Company. Iceland
and certain American jurisdictions are being reviewed by the Company for this purpose.
The Company had already disclosed its metallurgical results from the recovery of metals in nickelcadmium batteries (See Press Release from January 13, 2022, titled “EVSX Nickel-Cadmium Battery
Recycling Results” https://webfiles.thecse.com/SX_Press_Release_-_January_13_20… and Press Release
from March 13, 2022, titled EVSX Commercial Batteries Recycling & Nickel Metal Smelting Operation
Update https://www.thecse.com/en/trading/market-activity/company-fi…
Additional information concerning the recuperation of the plastics as well as the access to feedstock will
be released in the coming weeks. The Company will not make public forward-looking statements on the
revenue projections, nor will it publish the full content of the feasibility study, which contains significant
trade secrets and confidential commercial data and strategies.
“(...) Baie-Comeau is a strategic location for St-Georges with respect to our interests in nickel (…) I
think it no longer is a secret that we are pretty excited by nickel in this region. This investment allows us
to accelerate the work towards developing our nickel centric operations (…) its also the beginning of a
global business deployment strategy that will conclude in the implementation of many of these satellite
specialized centers of excellence (…) that will culminate in the development of a large tech plant in the
second phase of our commercial deployment. This effort will require significant investments over many
years that will allow us to secure our position in the industry (…,)” said Enrico Di Cesare, CEO of EVSX
and VP of Research & Development of St-Georges Eco-Mining Corp.
For Regulatory & Medias Inquiries Only: Frank Dumas, COO, +1.514.295.9878 fdumas@dumasbancorp.com
ON BEHALF OF THE BOARD OF DIRECTORS
“Herb Duerr”
HERB DUERR
President & CEO
About St-Georges Eco-Mining Corp.
St-Georges develops new technologies to solve some of the most common environmental problems in the mining sector,
including maximizing metal recovery and full circle EV battery recycling. The Company explores for nickel & PGEs on
the Julie Nickel Project and the Manicougan Palladium Project on Quebec's North Shore and has multiple exploration
projects in Iceland, including the Thor Gold Project. Headquartered in Montreal, St-Georges' stock is listed on the CSE
under the symbol SX and trades on the Frankfurt Stock Exchange under the symbol 85G1 and on the OTCQB Venture
Market for early stage and developing U.S. and international companies. Companies are current in their reporting and
undergo an annual verification and management certification process. Investors can find Real-Time quotes and market
information for the company on www.otcmarkets.com
The Canadian Securities Exchange (CSE) has not reviewed and does not accept
Green Light for Battery Recycling & Nickel Ingot Production
Montréal, April 13, 2022 – St-Georges Eco-Mining Corp. (CSE: SX) (OTCQB: SXOOF) (FSE:
85G1) is pleased to announce that on April 12, 2022, its board of directors has voted unanimously to
authorize its subsidiary EVSX to move forward with its plan to recycle batteries and produce nickel
ingots in Baie-Comeau, Québec in 2022.
St-Georges, via and in conjunction with its subsidiary EVSX, expects to initiate the acquisition of a
building and is in talks to establish options on two additional land plots representing close to 400,000
square feet. These transactions should be initiated during this month of April. The plots of land are
adjacent to rail lines and will be admissible to tax credits and other incentives from the federal and
provincial governments, as well as a basket of incentives from the municipality.
This initial commercial showcase plant will constitute phase one of a series of other developments to be
established, via a modular approach, in different locations. The plant in Baie-Comeau will be constituted
of three circuits, each able to process 200 metric tonnes per hour. One of the circuits will be reserved for
nickel-cadmium batteries. The other two are expected to process a mix of different chemical types in
order to produce black mass to be processed further in a separate tech plant.
The CAPEX for the project’s first phase is currently estimated at roughly CA$15,000,000, including
grants, incentives, and contingencies, and the plant should be commercially operational before the end of
the year. It is expected that between 6 to 8 million dollars will be raised by St-Georges either in equity or
in convertible debenture. The Company expects to finance the building and equipment via commercial
loans and mortgages. These lending instruments have not yet been negotiated, and there are no current
guarantees that the Company will be successful in securing lenders. The incentives are also in the
discussion stage with the different levels of government. St-Georges expects to be able to provide more
information on these matters within the next 60 days.
The independent consultants working on the feasibility study for the Company will deliver a phase one
report to EVSX management this week. The Company expects to augment and extend their mandate to
define and articulate phase two of the EVSX project. Multiple sites will operate as feeder sites for BaieComeau (nickel center), with other locations to be identified. Sites in Contrecoeur, QC and Hamilton, ON
are currently under review but are not owned by the Company. There is no guarantee that the Company
will acquire any of the sites at this stage. These modular plants will allow for the processing of all sorts of
batteries, the front-end recuperation of the steel, copper, aluminium, and carbon (graphite) and the
production of critical minerals-rich black mass. The Company expects to deploy these modular plants
itself or in partnerships in areas where a significant availability of spent batteries exists or where the local
authorities are expected to embark on large recycling profit sharing program with the Company. Iceland
and certain American jurisdictions are being reviewed by the Company for this purpose.
The Company had already disclosed its metallurgical results from the recovery of metals in nickelcadmium batteries (See Press Release from January 13, 2022, titled “EVSX Nickel-Cadmium Battery
Recycling Results” https://webfiles.thecse.com/SX_Press_Release_-_January_13_20… and Press Release
from March 13, 2022, titled EVSX Commercial Batteries Recycling & Nickel Metal Smelting Operation
Update https://www.thecse.com/en/trading/market-activity/company-fi…
Additional information concerning the recuperation of the plastics as well as the access to feedstock will
be released in the coming weeks. The Company will not make public forward-looking statements on the
revenue projections, nor will it publish the full content of the feasibility study, which contains significant
trade secrets and confidential commercial data and strategies.
“(...) Baie-Comeau is a strategic location for St-Georges with respect to our interests in nickel (…) I
think it no longer is a secret that we are pretty excited by nickel in this region. This investment allows us
to accelerate the work towards developing our nickel centric operations (…) its also the beginning of a
global business deployment strategy that will conclude in the implementation of many of these satellite
specialized centers of excellence (…) that will culminate in the development of a large tech plant in the
second phase of our commercial deployment. This effort will require significant investments over many
years that will allow us to secure our position in the industry (…,)” said Enrico Di Cesare, CEO of EVSX
and VP of Research & Development of St-Georges Eco-Mining Corp.
For Regulatory & Medias Inquiries Only: Frank Dumas, COO, +1.514.295.9878 fdumas@dumasbancorp.com
ON BEHALF OF THE BOARD OF DIRECTORS
“Herb Duerr”
HERB DUERR
President & CEO
About St-Georges Eco-Mining Corp.
St-Georges develops new technologies to solve some of the most common environmental problems in the mining sector,
including maximizing metal recovery and full circle EV battery recycling. The Company explores for nickel & PGEs on
the Julie Nickel Project and the Manicougan Palladium Project on Quebec's North Shore and has multiple exploration
projects in Iceland, including the Thor Gold Project. Headquartered in Montreal, St-Georges' stock is listed on the CSE
under the symbol SX and trades on the Frankfurt Stock Exchange under the symbol 85G1 and on the OTCQB Venture
Market for early stage and developing U.S. and international companies. Companies are current in their reporting and
undergo an annual verification and management certification process. Investors can find Real-Time quotes and market
information for the company on www.otcmarkets.com
The Canadian Securities Exchange (CSE) has not reviewed and does not accept
monthly und news
sehr spannend!
https://webfiles.thecse.com/MonthlyReportSXMar2022.pdf?8g0ET…
https://webfiles.thecse.com/SX_Press_Release_-_April_7_2022-…
sehr spannend!
https://webfiles.thecse.com/MonthlyReportSXMar2022.pdf?8g0ET…
https://webfiles.thecse.com/SX_Press_Release_-_April_7_2022-…
Das könnte auf für uns wichtig sein,
Rohstoffversorgung: Biden will "Defense Production Act" für die Versorgung mit kritischen Mineralien nutzen
12:26 Uhr | Redaktion
Viele Länder werden sich angesichts der jüngsten Entwicklungen im Rohstoffbereich verstärkt bemühen, ihre Abhängigkeit von ausländischen Lieferketten zu verringern. So auch die USA.
Wie The Washington Post berichtet, plant die US-Regierung, auf den Defense Production Act zurückgreifen, um die inländische Produktion von Rohstoffen für saubere Energietechnologien zu fördern und die Abhängigkeit von anderen Ländern zu reduzieren. Bereits in dieser Woche könnte Präsident Biden demnach eine entsprechende Verfügung erlassen, heißt es seitens einer anonymen Quelle.
Produzenten von Mineralien wie Lithium, Nickel, Graphit, Kobalt und Mangan könnten dann Unterstützung aus dem Titel-III-Fonds des Defense Production Act erhalten. Darlehen oder direkte Käufe dieser Mineralien seien allerdings nicht vorgesehen.
Der Defense Production Act wurde 1950 vom Kongress verabschiedet und von Präsident Harry S. Truman während des Koreakriegs unterzeichnet. Es gab dem Präsidenten die Befugnis, "nationale Verteidigungsprogramme zu gestalten und geeignete Maßnahmen zu ergreifen, um die inländische industrielle Basis zu erhalten und zu verbessern".
Der Defense Production Act gebe dem Präsidenten die Befugnis, Fertigungskapazitäten für industrielle Ressourcen, Technologien und Materialien zu schaffen, zu erweitern oder zu erhalten, die zur Erfüllung der nationalen Sicherheitsanforderungen benötigt werden, heiß es seitens des US-Verteidigungsministeriums.
Rohstoffversorgung: Biden will "Defense Production Act" für die Versorgung mit kritischen Mineralien nutzen
12:26 Uhr | Redaktion
Viele Länder werden sich angesichts der jüngsten Entwicklungen im Rohstoffbereich verstärkt bemühen, ihre Abhängigkeit von ausländischen Lieferketten zu verringern. So auch die USA.
Wie The Washington Post berichtet, plant die US-Regierung, auf den Defense Production Act zurückgreifen, um die inländische Produktion von Rohstoffen für saubere Energietechnologien zu fördern und die Abhängigkeit von anderen Ländern zu reduzieren. Bereits in dieser Woche könnte Präsident Biden demnach eine entsprechende Verfügung erlassen, heißt es seitens einer anonymen Quelle.
Produzenten von Mineralien wie Lithium, Nickel, Graphit, Kobalt und Mangan könnten dann Unterstützung aus dem Titel-III-Fonds des Defense Production Act erhalten. Darlehen oder direkte Käufe dieser Mineralien seien allerdings nicht vorgesehen.
Der Defense Production Act wurde 1950 vom Kongress verabschiedet und von Präsident Harry S. Truman während des Koreakriegs unterzeichnet. Es gab dem Präsidenten die Befugnis, "nationale Verteidigungsprogramme zu gestalten und geeignete Maßnahmen zu ergreifen, um die inländische industrielle Basis zu erhalten und zu verbessern".
Der Defense Production Act gebe dem Präsidenten die Befugnis, Fertigungskapazitäten für industrielle Ressourcen, Technologien und Materialien zu schaffen, zu erweitern oder zu erhalten, die zur Erfüllung der nationalen Sicherheitsanforderungen benötigt werden, heiß es seitens des US-Verteidigungsministeriums.
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