Geomega Resources Inc. a developer of clean technologies for the mining, refining and recycling of rare earths, and Everwin Magnetics Co., Ltd. , a subsidiary of Forte Mobility Co., Ltd. are pleased to announce that they have entered into a Letter of Intent to recycle rare earth-containing production waste from Everwin's future production facilities in Ontario, Canada. Everwin is developing the first NdFeB magnet [...]
Geomega Resources Inc. a developer of clean technologies for the mining, refining and recycling of rare earths, announces that the Q2 interim financial statements for the six-month period ended November 30, 2020 have been approved at the Board of Directors meeting which was held on January 27, 2021 and have now been published on SEDAR and on the Corporation's website. Stock Option Grants Other items that were approved at [...]
Geomega Resources Inc. a developer of clean technologies for the mining, refining and recycling of rare earths, is pleased to announce the successful completion of testing and optimization of its Rare Earths Pilot Plant, located at the National Research Council Canada facility in Boucherville, Quebec. This is the 2nd generation pilot plant after the completion of the mini pilot in April 2019 . Significant engineering work [...]
Geomega Resources Inc. is pleased to announce the closing of an oversubscribed non-brokered private placement of 14,709,093 units , at a price of $0.17 per Unit, for aggregate gross proceeds in the amount of $2,500,545.81. The Offering of Units consists of one common share and one share purchase warrant . Each Warrant entitles the holder thereof to acquire one additional Share at a price of $0.22 per Share until the date [...]
Geomega Resources Inc. announces that shareholders have approved all resolutions put forth at the Annual Meeting of Shareholders held in Montreal, Quebec, on Wednesday, October 21, 2020. Gilles Gingras, Kiril Mugerman, Mario Spino, Kosta Kostic, Matt Silvestro and Nick Nickoletopoulos were elected to serve as directors of the Corporation . In addition, the Corporation announces the re-appointment of [...]
Geomega Resources Inc. , a developer of clean technologies for the mining, refining and recycling of rare earths, is pleased to announce that it has secured additional debt financing of $1,326,000, which will be added to the funds required to build the rare earth magnet recycling demonstration plant in Saint-Bruno-de-Montarville, Quebec. Project financing will be provided by Investissement Quebec , who will be acting as [...]
Geomega Resources Inc. , a developer of clean technologies for the mining, refining and recycling of rare earths, is pleased to announce that Mr. Nicholas Nickoletopoulos will be presented as a new nominee to the board of directors of Geomega. Director Jean Demers will not be standing for re-election. The new director will be proposed at Geomega’s Annual General Meeting which will take place on Wednesday October 21st [...]
Geomega Resources Inc. is pleased to announce that it is expanding and leveraging its Research & Development expertise. Geomega is currently evaluating the economic potential to extract and refine rare earths and other critical metals from a broader range of mining feeds, including mining and industrial waste streams . Geomega has begun to work with companies that are in production, and through testing at Geomega’s R&D [...]
Geomega Resources Inc. , a developer of clean technologies for the mining, refining and recycling of rare earths, is very pleased to provide an update on engineering and development activities for the demonstration plant at St-Bruno, Quebec. Geomega has now received from Hatch Ltd process flow diagrams, equipment list, utilities, stream tables and a heat and mass balance for the process that was developed by Dr. Pouya [...]
Geomega Resources Inc. , a rare earth clean technologies developer for mining and recycling, and USA Rare Earth, LLC, the funding and development partner of the Round Top Heavy Rare Earth and Critical Minerals Project in West Texas, are pleased to announce that they have entered into a Letter of Intent to recycle rare earth-containing production waste from USA Rare Earth’s future production of sintered neodymium iron [...]
Geomega Resources Inc. , a rare earth clean technologies developer for mining and recycling, is very pleased to announce that Geomega’s patent application US15/578,498 titled, “A system and a method for metallurgical extraction of rare earth elements and niobium,” has been approved for granting by the United States Patent and Trademark Office. “The grant of this patent acknowledges that our unique process has been [...]
Geomega Resources Inc. , a rare earth clean technologies developer for mining and recycling, announces that Mr. Matt Silvestro, President & Owner of Jobmaster Magnets Canada Inc. , has joined the Board of Directors of the Corporation. “As Geomega is moving to the next phase of its development, I am very pleased to welcome Mr. Silvestro as an independent Director,” said Kiril Mugerman, President & CEO of Geomega. “We [...]