St-Georges Eco-Mining Announces $500,000 Financing

ST-GEORGES ANNOUNCES $500,000 FINANCING

-FOR IMMEDIATE RELEASE-

Montreal, January 3, 2019 – St-Georges Eco-Mining Corp. (CSE: SX) (OTC: SXOOF)

(FSE: 85G1) is pleased to announce that it has arranged a non-brokered p rivate placement

offering of 5 ,000,000 units of the company (the " Units") at a price of $0.10 per Unit fo r

aggregate gross proceeds of $5 00,000. Each unit consists of one (1) common share (a “ Share”)

and one (1) Share purchase warrant, entitling the holder to purchase an addi tional Share at a

price of $0.185 per share until January 4, 2021 (the "Warrant Expiry Date").

In the event that, during the period following 4 months from the closing date, the volume -

weighted average trading pr ice of the Shares exceeds $0.85 per Share for any period of 10

consecutive trading days, the company may, at its option, following such 10 -day period,

accelerate the Warrant Expiry Date by delivery of notice to the registered holders (an

"Acceleration Notice ") thereof and issuing a press release (a " Warrant Accele ration 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) the date on which the Acceleration Notice is sent

to Warrant holders, and (ii) the date of issuance of the Warrant Acceleration Press Release.

In connection with the Offerin g, the company might pa y Finder’s Fees. The net proceeds of the

Offering will be used for general working capital.

All securities issued under the Offering are subject to a hold period expiring May 4, 2019.

ON BEHALF OF THE BOARD OF DIRECTORS

"Vilhjalmur Thor Vilhjalmsson"

VILHJALMUR THOR VILHJALMSSON, PRESIDENT & CEO

About St-Georges

St-Georges is developing new technologies to solve the 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 & for 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. For additional information, please visit our website

at www.stgeorgesplatinum.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.