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 [...]
Geomega Resources Inc. is pleased to announce that Innord Inc. , a private subsidiary controlled by GéoMégA, has been approved for conditional funding from the National Research Council of Canada Industrial Research Assistance Program for an amount of up to $350,000 over a period of 18 months to advance the scale up work on the ISR technology for recycling rare earth elements in the permanent magnet [...]
Geomega Resources Inc. is pleased to announce that Innord Inc. , a private subsidiary controlled by GéoMégA, has successfully separated Neodymium oxide and Dysprosium oxide using the ISR technology from magnetic residues after removing other impurities such as iron, cobalt, nickel, boron and other minor metals. +99.5% Neodymium Oxide Powder , +99.5% Dysprosium Oxide Powder ISR technology and the circular [...]
Geomega Resources Inc. is pleased to announce that Innord Inc. , a private subsidiary controlled by GéoMégA, has completed the assembly of its first scale up unit for processing magnetic residues containing rare earth elements Neodymium and Dysprosium . The unit has been built with off-the-shelf equipment and is now ready for larger scale testing at Innord’s laboratory at the National Research Council [...]
MONTREAL, June 27, 2018 -- Geomega Resources Inc. is pleased to announce that GéoMégA and Innord Inc. , its private subsidiary, in collaboration with Centre d’études des proceeds chimiques du Québec obtained a total of $288,000 in grants from several Federal and Provincial government programs to conduct research on selective metal extraction and purification processes. Research will be [...]
MONTREAL, June 11, 2018 -- Geomega Resources Inc. is pleased to announce that Innord Inc. , a private subsidiary controlled by GéoMégA, will begin offering some limited amounts of neodymium oxide and cobalt compounds that are currently being produced at its facilities as larger volume tests are being completed. Innord is currently focused on separation process development and scaling and not commercial [...]
MONTREAL, May 30, 2018 -- Geomega Resources Inc. is pleased to announce that Innord Inc. , a private subsidiary controlled by GéoMégA, has obtained confirmation from an end user that the neodymium oxide produced from its residues using the proprietary ISR Method is of 99.5%+ purity and can be used for manufacturing of rare earth alloys and permanent magnets. The End User is a a European based world leader in [...]
MONTREAL, May 22, 2018 -- Geomega Resources Inc. is pleased to announce that due to the high demand received in the oversubscribed private placement , the Corporation closed another non-brokered private placement consisting of 2,652,000 Units at $0.10 per Unit for gross proceeds of $265,200. Each Unit consisted of one common share and one-half of one Share purchase warrant . Each Warrant entitles the holder thereof to [...]
MONTREAL, May 15, 2018 -- Geomega Resources Inc. is pleased to announce the closing of the second and final tranche of its previously-announced non-brokered private placement of Units at $0.08 per Unit. Together with the first tranche, the Offering has resulted in aggregate proceeds of approximately $500,000. In order to accommodate demand, the Corporation has increased the size of the Offering by the maximum amount [...]
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