Management & Director Changes

Rhea-AI Summary

St-Georges Eco-Mining (OTCQB:SXOOF) has announced significant management and board changes across its organization. Herb Duerr has been appointed as interim President and CEO of St-Georges Metallurgy, joining a restructured board that includes Mark Billings and Frank Dumas. The company has eliminated the VP of Research & Development position, while Mr. Dumas returns to the board of St-Georges Eco-Mining following Enrico Di Cesare's retirement.

Additionally, the company's subsidiary EVSX Corp. has completed important upgrades to its Thorold, Ontario battery processing facility, improving throughput and efficiency. The company is issuing 200,000 options priced at $0.075 with a 3-year term to new EVSX employees at the Thorold plant.

Positive

• None.

Negative

• Loss of VP of Research & Development position indicates potential restructuring challenges
• Interim CEO appointment suggests ongoing leadership transition uncertainty

MONTRÉAL, QC / ACCESS Newswire / September 3, 2025 / St-Georges Eco-Mining Corp. (CSE:SX)(OTCQB:SXOOF)(FSE:85G1) announces that the board of directors approved several changes to the management and governance of the Corporation and its subsidiary, St-Georges Metallurgy Corp.

Effective immediately, the Board of St-Georges Metallurgy will be comprised of Mark Billings, Frank Dumas, and Herb Duerr, with Mr. Duerr appointed as interim President and Chief Executive Officer.

In addition, the position of Vice President, Research & Development of St-Georges Eco-Mining Corp. has been eliminated. Mr. Frank Dumas will return to the Board of Directors of St-Georges Eco-Mining Corp. to fill the vacancy created by the retirement of Mr. Enrico Di Cesare from his functions at the Corporation and its subsidiaries.

The Company does not expect any disruption to its activities and will continue to update shareholders on its progress and leadership developments in due course.

Other Corporate Matters

On August 29, 2025, the Company published its Interim Financial Statements and Management Discussion & Analysis on Sedar+, for its first quarter ended June 30, 2025.

In this same quarter, the Company's battery processing subsidiary, EVSX Corp., completed a series of essential upgrades to the multi-chemistry line at its Thorold, Ontario plant, increasing processing throughput and efficiency. EVSX has also added key operational hires, expected to enhance efficiency and ensure continuity despite a challenging labor market and its continued focus on community-based hiring. Call2Recycle Canada remains a strong partner, providing a regular supply of batteries, and the Thorold plant currently holds a full inventory awaiting processing. Battery processing operations continue to scale up.

200,000 options priced at $0.075 with a 3-year term will be issued today to new employees of EVSX working at the company's Thorold battery processing plant.

ON BEHALF OF THE BOARD OF DIRECTORS,

Herb Duerr
President & CEO

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 promising subsidiaries including: EVSX, a leading North American advanced battery processing initiative; St-Georges Metallurgy, with metallurgical R&D and related IP, including processing and recovering 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 (CSM) 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.

SOURCE: St-Georges Eco-Mining Corp.

View the original press release on ACCESS Newswire

FAQ

Who is the new interim CEO of St-Georges Metallurgy (OTCQB:SXOOF)?

Herb Duerr has been appointed as interim President and Chief Executive Officer of St-Georges Metallurgy.

What changes were made to St-Georges Eco-Mining's management structure in September 2025?

The company eliminated the VP of Research & Development position, appointed Herb Duerr as interim CEO of St-Georges Metallurgy, and Frank Dumas returned to the Board of Directors following Enrico Di Cesare's retirement.

What improvements did SXOOF make to its Thorold battery processing facility?

EVSX Corp. completed essential upgrades to the multi-chemistry line, increasing processing throughput and efficiency. The facility currently maintains full inventory awaiting processing.

What stock options did St-Georges Eco-Mining (SXOOF) issue to EVSX employees?

The company issued 200,000 options priced at $0.075 with a 3-year term to new employees at the Thorold battery processing plant.

Who are the new board members of St-Georges Metallurgy?

The new board of St-Georges Metallurgy consists of Mark Billings, Frank Dumas, and Herb Duerr.