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St-Georges Announces A Private Placement Offering Of Up To $1 Million

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St-Georges Announces A Private Placement Offering Of Up To $1 Million

Executive Summary

St-Georges Eco-Mining Corp. has announced its intention to complete a non-brokered private placement financing of up to $1 million through the issuance of 20 million units priced at $0.05 each. Each unit consists of one common share and one-half warrant, with warrants exercisable at $0.075 per share for 24 months and subject to acceleration provisions if the share price exceeds $0.16 for five consecutive trading days.

The financing structure reflects a strategic approach to fund multiple operational priorities across the company's diversified portfolio. Proceeds will be allocated toward capital expenditures for operational upgrades at subsidiary EVSX Corp.'s battery processing operations, completion of a NI 43-101 technical report for the Thor Gold Project, preliminary work for the independent listing of Iceland Resources, and general working capital requirements.

St-Georges operates through a multi-faceted business model encompassing battery recycling and processing through EVSX, metallurgical research and development including lithium processing from spodumene, gold exploration in Iceland, hydrogen technology development through H2SX, and critical mineral projects in Quebec including nickel, copper, and PGE properties on the North Shore and a niobium project in Lac St-Jean.

The financing comes at a time when the company is positioning itself across multiple high-demand sectors including battery materials processing, critical minerals exploration, and clean energy technologies. The warrant structure provides potential upside participation for investors while the acceleration clause offers the company flexibility to manage dilution if share price performance warrants early exercise of the warrants.
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Press Release

Montréal, April 1, 2026 – TheNewswire – St-Georges Eco-Mining Corp. (CSE: SX) (OTCQB: SXOOF) (FSE: 85G1) announces that it intends to complete a non-brokered private placement financing offering of up to 20,000,000 units of the Company at a price of $0.05 per Unit for proceeds of up to $1,000,000. Each Unit will consist of one common share of the Company (a “Common Share”) and one-half of one common share purchase warrant (each whole warrant, a “Warrant”) (the “Offering”). Each Warrant will entitle the holder to acquire one additional Common Share at an exercise price of $0.075 per share for a period of 24 months from the date of issuance. Finders’ fees may be paid to some qualified intermediaries on the financing. The Warrants will be subject to an acceleration provision whereby, if the volume-weighted average trading price of the Company’s common shares on the Canadian Securities Exchange is equal to or greater than $0.16 per share for a period of five (5) consecutive trading days, the Company may, at its discretion, accelerate the expiry date of the Warrants by providing a notice to holders, following which the Warrants will expire no later than thirty (30) days from the date of such notice. The proceeds of the Offering are expected to be used for capital expenditures for operational upgrades and general working capital for the Company’s battery processing operations in its subsidiary EVSX Corp., for the completion of a NI 43-101 technical report for the Thor Gold Project, for the preliminary work required for the independent listing of Iceland Resources and for general working capital purposes. ON BEHALF OF THE BOARD OF DIRECTORS ‘Neha Tally’ Corporate Secretary About St-Georges Eco-Mining Corp. St-Georges develops new technologies and holds a diversified portfolio of assets and patent-pending Intellectual Property within several highly prospective subsidiaries including: EVSX, a leading North American advanced battery processing and recycling initiative; St-Georges Metallurgy, with metallurgical R&D and related IP, including processing and recovering high grade lithium from spodumene; Iceland Resources, with high grade gold exploration projects including the flagship Thor Project; H2SX, developing technology to convert methane into solid carbon and turquoise hydrogen; and Quebec exploration projects including the Manicouagan and Julie nickel, copper and PGE critical mineral projects on Quebec’s North-Shore, and Notre-Dame niobium Project in Lac St-Jean. Visit the Company website at www.stgeorgesecomining.com   For all other inquiries: public@stgeorgesecomining.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. Copyright (c) 2026 TheNewswire – All rights reserved.

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