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SX.CN ·

Acceleration of Expiry Dates of Certain Warrants

Share Capital & Compensation

-FOR IMMEDIATE RELEASE-

Montréal, March 3, 2021 – St-Georges Eco-Mining Corp. (CSE: SX) (OTC: SXOOF) (FSE: 85G1) would like to correct the expiry dates previously disclosed regarding the acceleration of certain warrants.

Having met their respective trigger conditions, the Company has elected to exercise its right to accelerate the expiry date of all outstanding common share purchase warrants (the “Accelerated Warrants”) of the Corporation issued on or before November 1, 2020, to April 5, 2021, as detailed in the following table:

Issue DateNumbers of WarrantsExercise PriceCurrent Expiry DateRevised Expiry Date
November 29, 20193,700,000$0.185November 29, 2021April 5, 2021
November 29, 2019413,000$0.20November 29, 2021April 5, 2021
December 18, 2019250,000$0.185December 18, 2021April 5, 2021
December 18, 2019204,800$0.20December 18, 2021April 5, 2021
January 17, 2020600,000$0.185January 17, 2022April 5, 2021
January 17, 202025,000$0.20January 17, 2022April 5, 2021
TOTAL5,192,800

ON BEHALF OF THE BOARD OF DIRECTORS

"Neha E. Tally"

NEHA EDAH TALLY Corporate Secretary

About St-Georges

St-Georges is developing new technologies to solve some of the most common environmental problems in the mining industry. The Company controls all the active mineral tenures in Iceland. It also explores for nickel & PGEs on the Julie Nickel Project and the Manicougan Palladium Project on the Québec’s North Shore. Headquartered in Montreal, St-Georges’ stock is listed on the CSE under the symbol SX, on the US OTC under the Symbol SXOOF and on the Frankfurt Stock Exchange under the symbol 85G1

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.