Kings of the North Subsidiary Sold to UK’s BWA Group PLC
Kings of the North Subsidiary Sold to UK’s BWA Group PLC.
-FOR IMMEDIATE RELEASE-
Montreal, September 30, 2019, St-Georges Eco-Mining Corp. (CSE: SX)(OTC: SXOOF)
(FSE: 85G1) is pleased to inform its shareholders that the Company has completed the sale of
its subsidiary Kings Of The North Corp to BWA Group Plc of London, United Kingdom
(NEX:BWAP). The total transaction is evaluated at approximately CAD 7.5M. St -Georges
holds 50.18% of Kings of the North.
BWA’s shareholders voted to approve the acquisition of KOTN earlier today with over 99.1%
of vote cast in favour. Management of St-Georges, Kings of the North, and BWA Group spent
the remainder of the days finalizing the regulatory documentation.
Vilhjalmur Thor Vilhjalmsson, President and CEO of St -Georges, commented, “(…) This is
another important milestone achieved, and our management looks forward to work ing with
BWA Group to unlock the potential value of these projects . St-Georges’ restructuring is
starting to take shape and we look forward to the next steps on the path of this journey (…).”
ON BEHALF OF THE BOARD OF DIRECTORS
“Vilhjalmur T. Vilhjalmsson”
VILHJALMUR THOR VILHJALMSSON
President & CEO
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 directly or indirectly, through rights
of first refusal, all of the active mineral tenures in Iceland. It also explores for nickel on the
Julie Nickel Project & fo r industrial minerals on Quebec’ s North Shore and for lithium and
rare metals in Northern Quebec and in the Abitibi region. 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.