Geomega Resources Inc.

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 [...]

MONTREAL, May 03, 2018 -- Geomega Resources Inc. announces the first closing of a non-brokered private placement offering in the amount of $132,000, consisting of a total of 1,650,000 units at a price of $0.08 per Unit. The Offering of up to 5,000,000 Units consisting of one common share and one-half of one share purchase warrant is for a total gross proceeds of up to $400,000. Each Warrant entitles the holder thereof to [...]

HIGHLIGHTS: Figure 1. +99.5% Neodymium Oxide Powder Figure 2. Flow Chart From ISR to Magnet End User High purity, magnet grade Neodymium oxide of 99.5% achieved and submitted to validation with end users Neodymium recovery is 90% and should increase towards 95% during further scale up Starting scale-up toward 10 kg/day with cost per unit expected to remain below $20,000 MONTREAL, April 11, 2018 -- [...]

Geomega Resources Inc. ("GéoMégA" or the "Corporation") (TSX VENTURE:GMA) is pleased to announce that Denis Amoroso has joined the Corporation as a Strategic advisor to the management and the board of directors. Mr. Amoroso has been in the brokerage business and the financial markets for thirty-seven years, including 25 years as Senior Advisor at Canaccord Genuity. He was Canadian member of the Chairman's [...]