Geomega Resources Inc. announces the second and final closing of a non-brokered private placement offering in the amount of $317,755, consisting of a total of 2,269,822 units at a price of $0.14 per Unit. Together with the first tranche, the Offering has resulted in aggregate proceeds of $1,232,010. The Offering of Units consists of one common share and one-half of one share purchase warrant . Each Warrant entitles the [...]
European-based Rare Earth Supply Partner Provides a Majority of Funds; Funds to be used for the Construction of Rare Earths Demonstration Plant in Quebec, Canada. MONTREAL, July 03, 2019 -- Geomega Resources Inc. announces the first closing of a non-brokered private placement offering in the amount of $914,255, consisting of a total of 6,530,393 units at a price of $0.14 per Unit. The Offering of Units consists of one [...]
Increase in reagent recovery to over 95% - keeps operating costs low and the process green More feed variability can now be used with ISR technology: ◦ Can now process metallic and calcined feeds of magnet, NdFeB and SmCo waste ◦ Can now recycle bonded magnets in addition to sintered magnets making it a valid clean technology for both kinds of magnets Geomega CEO, Kiril Mugerman, will be at the Argus US Specialty Metals Conference in Chicago, Illinois, US to discuss the recent developments of the ISR technology and the current developments in the rare earths sector. MONTREAL, June 04, 2019 -- Geomega Resources Inc. is pleased to provide an update on its proprietary ISR technology, financing, FEED study and rare earths market update. Technology update Pilot Plant o... [...]
Geomega Resources Inc. is pleased to announce that it has selected Seneca Inc. , a Montreal based engineering consulting firm specializing in industrial process engineering, to complete the Front End Engineering Design study for the rare earth recycling demonstration plant with the focus on the permanent magnet industry. The FEED study will produce an externally validated construction and operating cost estimates, project [...]
Geomega Resources Inc. is pleased to announce it has engaged The Howard Group as its capital markets communications advisor to assist with both traditional and online initiatives targeting institutional and retail investing groups as well as the larger investment community. The agreement is for 6 months effective April 11, 2019 and will be renewable monthly afterwards. The remuneration payable to The Howard Group will be [...]
Geomega Resources Inc. is pleased to provide an update on Innord Inc.’s continuing successful validation of its proprietary ISR technology and its plans for a 1 ton per day of third party sourced magnet waste demonstration plant. Mini Pilot Innord Inc. , a private subsidiary controlled by GéoMégA, has now completed the construction and full operation of the lab scale pilot unit for recycling and [...]
Geomega Resources Inc. is pleased to announce that Innord Inc. , a private subsidiary controlled by GéoMégA, has appointed Ginger International Trade & Investment Pte Ltd , as consultants that will serve as Innord’s official sales representative for Europe and Asia. GITI will be responsible for sales of Innord’s rare earth products to designated customers in Europe and Asia and assisting to [...]
Geomega will be in Toronto from March 3 to 6 for PDAC at booth #2642. Come visit us and learn more about the ISR technology and our plans for the future. Various samples of permanent magnet waste streams and finished products will be on display at the booth. We invite you to bring old hard drives for recycling at our booth. The hard drives will be dismantled in front of you in order to recover the permanent magnets which [...]
Pilot study for a major vehicle manufacturer Collaboration with University of Liege that produces concentrates from recovered magnets Geomega Resources Inc. is pleased to announce that Innord Inc. , a private subsidiary controlled by GéoMégA, has entered into a collaboration agreement with University of Liege who is conducting work with Comet Traitements SA as part of a pilot study on hybrid and electric [...]
Geomega Resources Inc. announces that shareholders have approved all resolutions put forth at the Annual Meeting of Shareholders held in Montreal, Quebec, on Tuesday, November 20, 2018. Gilles Gingras, Kiril Mugerman, Mario Spino, Kosta Kostic and Jean Demers were re-elected to serve as directors of the Corporation . In addition, the Corporation announces the re-appointment of PricewaterhouseCoopers, LLP as auditors for [...]
Geomega Resources Inc. is pleased to announce that Innord Inc. , a private subsidiary controlled by GéoMégA, has purchased additional equipment to complete the current scale up activities to a 20 liter unit. The new equipment includes a 30 liter filtration system and pumps, larger capacity furnace and most importantly, a larger crusher with a working rate of 12 kg/hr to process some of the residues that the [...]
Geomega Resources Inc. is pleased to announce that Innord Inc. , a private subsidiary controlled by GéoMégA, has entered into a non-binding Letter of Intent ” with a United States NdFeB magnet manufacturer based in Texas to acquire up to 1,000 kg per month of feed material for extracting and refining rare earth oxides using its proprietary ISR technology. The feed material will be processed to produce [...]
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