St-Georges Eco-Mining Announces Private Placement Financing

Montréal, Quebec — April 1, 2026 — Leads & Copy — St-Georges Eco-Mining Corp. (CSE: SX) (OTCQB: SXOOF) (FSE: 85G1) plans to complete a non-brokered private placement financing, offering up to 20,000,000 units at $0.05 per unit, aiming to raise up to $1,000,000.

Each unit will include one common share and one-half of a common share purchase warrant. Each whole warrant will allow the holder to acquire one additional common share at $0.075 per share for 24 months from the issuance date. Qualified intermediaries may receive finders’ fees on the financing.

The warrants have an acceleration clause. If the volume-weighted average trading price of the company’s common shares on the Canadian Securities Exchange reaches or exceeds $0.16 per share for five consecutive trading days, the company can accelerate the warrant expiry date by giving notice to holders. The warrants will then expire no later than 30 days from the notice date.

The company intends to use the offering’s proceeds for capital expenditures on operational upgrades, general working capital for its 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.

Neha Tally, Corporate Secretary, has endorsed this announcement on behalf of the board of directors.

St-Georges Eco-Mining Corp. develops new technologies and possesses 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.

Source: St-Georges Eco-Mining Corp.