Trading to Resume

Trading to Resume

-FOR IMMEDIATE RELEASE-

Montréal, May 16, 2019 – St-Georges Eco-Mining Corp. (CSE: SX) (OTC: SXOOF) (FSE:

85G1) would like to inform its shareholders that it has received a written communication from

the British Colombia Securities Commission concerning the Company’s compliance with

continuous disclosure regulations.

The BCSC notified management of the Company that it has rescinded its Cease Trade Order

instated on May 6, 2019 for failure to file its annual audited financial statements for the

financial year ending on December 31, 2018 (FFCTO). The Company also had communications

with the Ontario Securities Commission and the Alberta Securities Commission on the same

topic.

After review, the Company was deemed to be in compliance with the regulations and the CTO

order was rescinded. Significant late filling fees have been incurred.

Highlight of the 2018 Financial Statements

In 2018, the Company lost $7,883,553 or $0.08 per share.

Of this amount, $4,412,060 or $0.045 per share is directly related to the consolidation of the

Financial Statements of the Company’s subsidiary ZeU Crypto Networks for the same period:

• $235,908 being capitalized interests on convertible debenture s payable in ZeU shares

at a minimum conversion price of $1.00;

• $3,003,302 being related to the collapse in value of the ETH digital assets held by the

Company’s Subsidiary ZeU Crypto Networks. The price of the ETH on December 31

was USD $133.37 and ETH trade s in excess of USD $279.00 today. This lost is

“unrealized” as the assets were not disposed of.

As per December 31, 2018, the Company had a consolidated $4,614,442 in capitalized and/or

liquid assets and total liabilities of $6,635,605. A significant portion of these liabilities can be

remedied with the conversion of the convertible debentures of ZeU Crypto Networks into its

common shares at a minimum price of $1.00. The remaining liabilities as of December 31, 2018

were of a consolidated amount of $1,212,085.

Corporate Update

Although developments occurred through sub -contractors and third party lab partners and these

activities are still o n-going, the Cease Trade Order has affected the timeline of the Company’s

many deliverables. Management expects to be able to review and update the activities of its

different business segments and will communicate all material changes occurring in paralle l to

its corporate activities in a timeline manner over the next few days.

The Q1 2019 Interim Financial Stat ements for Ze U Crypto as well as the Q1 2019 Interim

Financial Statements for St -Georges should be ava ilable next week as well as their re spective

MD&A.

ON BEHALF OF THE BOARD OF DIRECTORS

“Mark Billings”

MARK BILLINGS, CHAIRMAN OF THE BOARD

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.