St Georges Eco Stock Price, News & Analysis

EVSX, a wholly-owned subsidiary of St-Georges Eco-Mining Corp. (CSE:SX)(OTCQB:SXOOF), has completed installing its multi-chemistry waste battery processing line in Thorold, Ontario. The line has a 10,000-tonne annual capacity and can process various battery types. The facility is moving to final testing before full commissioning expected in January 2025.

EVSX has filed for additional Environmental Compliance Approval (ECA) to process more battery chemistries, receiving Priority Review status. The company already holds an existing ECA and a three-year battery supply agreement with Call2Recycle. The line is one of three automated systems recovering battery metals, steel, aluminum, and other materials with over 95% efficiency.

Additionally, EVSX secured a $356,000 Convertible Debenture financing with a one-year maturity and 25% annual interest, convertible to shares at $0.0625.

EVSX Corp, a subsidiary of St-Georges Eco-Mining, has begun installing a state-of-the-art battery recycling line at its Thorold, Ontario plant. The highly automated multi-chemistry processing line has a 10,000-ton annual capacity and a 93% recycling efficiency rate. The facility can process various battery types, including alkaline, lithium-ion, and EV batteries. EVSX holds an Environmental Compliance Approval permit and has secured a three-year battery supply agreement with Call2Recycle. The plant's strategic location serves North America's largest automotive cluster, including Ford, GM, and Stellantis.

St-Georges Eco-Mining Corp. (CSE:SX)(OTCQB:SXOOF) announces successful completion of its initial 4,200-ton-per-year battery processing line commissioning at EVSX Corp, achieving over 85% recycling efficiency for alkaline and zinc-carbon batteries. The company is installing an additional 10,000-ton-per-year line at its Thorold, Ontario facility, with two more such lines ready for deployment. The strategic location serves major automotive clusters including Detroit. Ian C. Peres has been appointed as CEO of EVSX Corp, while Enrico Di Cesare transitions to President and CTO. The processing lines are highly automated, capable of handling multiple battery types, and produce recyclable materials including battery metals, plastics, and aluminum.

St-Georges Eco-Mining Corp. and its subsidiary H2SX Corp. have announced the successful installation of a hydrogen production system at their Korean partner Wintech Energy's new facilities near Seoul, South Korea. The system, utilizing Wintech's proprietary microwave plasma torch technology, is expected to be fully operational by year-end, following a commissioning period.

The technology effectively dissociates carbon from hydrogen in methane molecules, producing clean hydrogen without greenhouse gas emissions. Jung Cheol Park, President of Wintech Energy, emphasized the system's ability to demonstrate the advantages of producing cheap and clean hydrogen. Dr. Sabin Boily, President and CEO of H2SX, expressed eagerness to showcase the operational technology to future partners and clients.

This Showcase Hydrogen Production Plant marks a significant milestone for H2SX, allowing interested parties to witness the technology in action and conduct independent due diligence. Several major industry players have already shown interest in reviewing the plant's operations.

St-Georges Eco-Mining Corp. (CSE:SX)(OTCQB:SXOOF)(FSE:85G1) has announced a significant advancement in its proprietary lithium processing technology. The company's subsidiary, St-Georges Metallurgy Corp., has developed a potential one-step process to produce LiFePO4 battery feedstock without producing lithium carbonate or lithium hydroxide first. This process is expected to have a minimal footprint and costs compared to traditional methods.

Key benefits of the new process include:

• Reduced Capex by over 70% and Opex by 50% compared to competitors
• Mineral recovery rates for lithium from spodumene exceeding 95%
• Environmental leadership with 92% recirculation of nitric acid used
• Scalable solution adaptable to diverse operational needs

The company has entered a collaboration agreement with a phosphoric acid provider and an equipment manufacturer to produce LiFePO4 battery feedstock, with financial support from LiOH Corp and governmental grants.

St-Georges Eco-Mining Corp. (CSE:SX)(OTCQB:SXOOF) has announced two significant developments:

• Its subsidiary, EVSX Corp., is installing a large-capacity multi-chemistry battery processing line ahead of schedule in Thorold, ON. This move aims to capitalize on a time-sensitive opportunity for specialized battery recycling.
• The company has arranged a non-brokered private placement offering for up to $900,000. This involves issuing up to 15,000,000 units priced at $0.06, with each unit consisting of one common share and half a warrant priced at $0.08.

The proceeds will be used to complete permitting modifications, install and commission the battery processing line, and support the Thorold recycling plant's operations.

St-Georges Eco-Mining Corp. (CSE:SX)(OTCQB:SXOOF) has announced a significant financing agreement for its hydrogen technology subsidiary, H2SX Corp. A private Canadian company will invest $7,500,000 through a private placement of units at $0.75 per unit, including shares and warrants. Additionally, the investor will purchase 75% of St-Georges' holding in H2SX for $1,500,000.

The deal includes an initial $1,000,000 non-refundable payment within 30 days, followed by due diligence. Upon successful review, the remaining $6,500,000 will be paid. This agreement will free St-Georges from further financing obligations towards H2SX, allowing it to focus on its primary activities. H2SX plans to use the investment to accelerate its cheap and clean hydrogen (ccH2™) production technology development and deployment.

St-Georges Eco-Mining Corp (CSE:SX)(OTCQB:SXOOF)(FSE:85G1) has announced that its wholly-owned subsidiary, EVSX Corp, has successfully processed its first batch of alkaline batteries at its Thorold, Ontario facility. The company received two shipments of batteries last week and produced its first batch of black mass from a small volume of alkaline batteries. Management is confident that the equipment and process will meet or exceed expectations.

EVSX CEO Enrico Di Cesare stated that the final stage of operational commissioning for the alkaline line is underway, with ongoing adjustments to feed rate and sequence. The company aims to improve total recovery standards and transition to more sophisticated multi-chemistry lines, ultimately linking end-of-life batteries to mineral resources and metallurgical technologies.

St-Georges Eco-Mining Corp. (CSE:SX)(OTCQB:SXOOF) and Call2Recycle Canada have launched EVSX's new battery processing plant in Thorold, Ontario. The facility, located at the Bioveld Complex in Niagara, has a processing capacity of 4,200 tons of alkaline batteries per year with an 87.7% recycling efficiency rate, the highest for single-use battery recycling in Canada. This launch supports the increasing volumes of alkaline batteries recycled by Canadians, with Ontario contributing about 40% of the national collection.

The plant will also collaborate with St-Georges Metallurgy (SXM) to transform black mass and develop agricultural fertilizer products. This development follows a 2022 agreement between Call2Recycle and EVSX to build a full battery recycling ecosystem in Ontario, resulting in a three-year supply agreement.