$5.5 Million Securities Offering Financing
$5.5 Million Securities Offering Financing
-FOR IMMEDIATE RELEASE-
Montréal, November 11, 2021 – St-Georges Eco-Mining Corp. (CSE: SX) (OTC: SXOOF) (FSE:
85G1) is pleased to announce a non -brokered private place ment offering of “flow-through” uni ts at a
price of $0.55 for total gross proceeds of up to $5,500,000.
Each FT Unit is comprised o f one (1) common share in the capital of the Company on a “flow-through”
basis (each, a “FT Share”) and half a FT Share purchase warrant (each, a half “FT Warrant”).
Each half FT Warrant entitles the holder thereof to purchase half a Share at an exercise price of $0.65 per
share. The warrants will expire 24 months after their issuance or 30 days after the issuance of a press
release accelerating the expiration of the warrants.
In the event that the trading price of the Shares on the Canadian Securities Exchange (the “CSE”) reaches
$1.25 per Share on any single day , the Corporation may, at its option, accelerate the Warrant Expiry
Date by delivery of notice to the registered holders (an “Acceleration Notice”) thereof and issuing a press
release (a “ Warrant Acceleration Press Release ”, and, in such case, the Warrant Expiry Date shall be
deemed to be 5:00 p.m. (Montreal time) on the 30th day following the later of (i) t he date on which the
Acceleration Notice is sent t o warrant holders, and (ii) the date of issuance of the Warrant Acceleration
Press Release.
The Corporation will use the flow through proceeds of the Offering to further advance the exploration
effort on the Manicouagan Projects in Québec.
A finder's fee might be paid on the Offering, subject to the policies of the CSE.
The securities issued i n connection with the Offering are subject to the applicable statutory four months
and one day hold period.
Management has received interest from institutional investors for most of the Offering and thus expects to
be able to close the Offering on or about November 29, 2021, subject to receipt of applicable regulatory
approvals, including the approval of the CSE.
Other financing efforts related to the EVSX recycling plant, the fertilizer production unit , and the
proposed and under st udy commercial spodu mene plant are being reviewed. T he Company is not
expecting to issue equity but, instead, is in talks with inst itutions t o issue debt , bonds and potentially
conduct a green bond offering with certain institutions following the reception of the feasibility study.
ON BEHALF OF THE BOARD OF DIRECTORS
"Frank Dumas"
FRANCOIS (FRANK) DUMAS
Director & COO
About St-Georges
St-Georges develops new technologies to solve some of the most common environmental problems in t he 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 explor ation projects in Iceland,
including the Thor Gold Proj ect. Headquartered in Montreal, St -Georges' stock is listed on the CS E 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 intern ational companies. Companies are current in their reporting and undergo an annual verificat ion and
management certification process . Investor s 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 a ccept responsibility for the
adequacy or the accuracy of the contents of this release.