News Releases

GéoMégA Subsidiary Innord Completes its First Scale Up Unit and Acquires Feed Material for Large Volume Testing

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“This is another chapter for the development of the ISR technology in recycling rare earth elements from magnetic residues. We are dealing with an almost 10‐fold increase in our scale which will allow us, for the first time ever, to test the process in conditions resembling those of a commercial operation in a closed system. This first design will be used to thoroughly test the operating conditions, the robustness of the design and to check if any of the key parameters need adjustment due to the increased scale of the reactor. Conditional on successful results, all data will be used for the next scale‐up stage of another 5 to 10‐fold increase. The simple and scale‐up friendly design which are the staples of the ISR technology were confirmed during the construction period, as was shown by the short period of time that it took to receive and to put all the equipment together. Results of the upcoming scale‐up tests will be provided to the market gradually as testing progresses.” commented Kiril Mugerman, President and CEO of GéoMégA and Innord.

News Releases

GéoMégA & Subsidiary Innord Obtain Grants for $288,000

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“With critical metals being so important to clean technologies and electric vehicles, we cannot afford to keep producing rare earth elements from old and polluting technologies. We are very excited to share some of our progress and findings at the upcoming event with the scientific community which has been putting a lot of focus on these issues for all the critical metals. Our research has been producing some exciting results over the last several years and it is starting to get noticed. Getting additional funding from the Federal and Provincial governments is very important to further the development of our REE and Critical metals processing technology which could ultimately bring new industries to Quebec and Canada.” commented Kiril Mugerman, President and CEO of GéoMégA and Innord.

News Releases

GéoMégA Subsidiary Innord to Offer Neodymium Oxide and Cobalt Compounds for Sale

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“This is another major step in our development of the ISR technology. As we advance our scale up testing, we
are producing more and more material that we can now start offering to various groups who need the
material for research or product testing purposes. Furthermore, we are proud to say that this neodymium
oxide is produced in Canada through recycling, a major step in diversifying supply of rare earth elements and
making it more environmentally sustainable. We are proud of our achievements and believe that we are on
the right track to bring commercial production of rare earth elements to Canada in the future.” commented
Kiril Mugerman, President and CEO of GéoMégA and Innord.

News Releases

GéoMégA Subsidiary Innord Receives Validation from End User for Magnet Grade Purity Neodymium

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“This is another major milestone achieved by Innord which brings us a step closer to providing an alternative source of supply of rare earth oxides to the permanent magnet industry outside of China. We will now be focusing on purification of other rare earth oxides, larger volume tests and demonstrations and moving towards building our initial larger capacity units prior to starting commercial production from industrial residues.” commented Kiril Mugerman, President and CEO of GéoMégA and Innord.

News Releases

GéoMégA Announces Closing of Another Private Placement for $265,200

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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 authorized by the TSX Venture Exchange.

News Releases

GéoMégA Announces Closing of Final Tranche of Oversubscribed Private Placement

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Geomega Resources 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 authorized by the TSX Venture Exchange. Each Unit consisted of one common share and one‐half of one Share purchase warrant. Each Warrant entitles the holder thereof to acquire one additional common share at a price of $0.15 per Share for a period of twenty‐four (24) months from the closing date.

News Releases

GéoMégA Subsidiary Innord Achieves 99.5%+ Magnet Grade Purity Neodymium

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“It has been a long six months of work but we are finally producing 99.5%+ magnet grade / commercial purity neodymium oxide. This is a major achievement for our team. To be able to produce large volumes of high purity neodymium oxide (Nd2O3) at a competitive operating cost and a low capital cost is a major breakthrough for rare earth separation. We believe our approach of working with the downstream permanent 3 magnet industry will help close the loop in western rare earth supply for the permanent magnet industry while it will de‐risk our ISR Method technology. With this major achievement we believe that we are one step closer to having rare earth oxides produced once again in North America. The rare earths are already considered as critical materials, and with the recent geopolitical tensions and threats of trade wars in the news, rare earth elements could take center stage once again similar to 2010 and 2011. The long‐term R&D and careful de‐ risking approach that Innord has committed to could be maturing at exactly the right time.” commented Kiril Mugerman, President and CEO of GéoMégA and Innord.

News Releases

Annual Meeting Results

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Montréal, October 20, 2017 – Geomega Resources Inc. (“GéoMégA” or the “Corporation”) (TSX.V: GMA) announces that shareholders have approved all resolutions put forth at the Annual Meeting of Shareholders (the “Annual Meeting”) held in Montreal, Quebec, on Thursday, October 19, 2017, Gilles Gingras, Kiril Mugerman, Mario Spino and Kosta Kostic were elected to serve as directors […]

News Releases

GéoMégA subsidiary Innord Separates Nd and Dy with 95% Purity in addition to 99.8% Purity Cobalt from Industrial Residue

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HIGHLIGHTS: An industrial residue was processed to produce a high purity REE concentrate (99% TREO) and 99.8% cobalt hydroxide Nd and Dy oxides separated with purity of up to 95% REE and recovery of up to 90% in a single run prior to recirculation and reprocessing REE concentration per unit volume 1,250 times higher than […]

News Releases

Geomega Enters Into Patent Ownership and Royalty Agreement with CTO and Closes First Tranche of Convertible Debenture Financing

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Montreal, August 14, 2017 – Geomega Resources Inc. (“GéoMégA” or the “Corporation”) (TSX.V: GMA) is pleased to announce that the Corporation and Innord entered into a patent ownership and royalty agreement  with its Chief Technology Officer, Dr. Pouya Hajiani, to insure the long-term development and commercialization of the Corporation’s proprietary rare earths extraction and separation technologies […]

News Releases

Geomega Resources announces Resignation of Director

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MONTRÉAL, QUÉBEC–(Marketwired – May 25, 2017) – Geomega Resources Inc. (“GéoMégA” or the “Corporation“) (TSX VENTURE:GMA) announces that Ms. Vicky Lavoie has resigned from the board of directors of the Corporation effective as of May 24, 2017. Ms. Lavoie is stepping down from her role as a director to devote more time to her other business interests. She expressed […]

News Releases

Update on the Distribution of Kintavar Shares to Géoméga’s Shareholders

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Montréal, May 7, 2017 – Geomega Resources Inc. (“GéoMégA” or the “Corporation”) (TSX.V: GMA) wishes to inform its shareholders that due to additional regulatory requirement that were brought to the Corporation’s attention, the distribution (the “Distribution”) of the common shares of Kintavar Exploration Inc. to the shareholders of GéoMégA announced in the May 1, 2017 press […]

News Releases

GéoMégA Unlocks its Gold Assets Value

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Highlights of the news release: GéoMégA to sell its gold portfolio for $2,500,000 to Groupe Ressources Géomines for 17,857,143 shares at $0.14 per share. Géomines to complete a transaction with Black Springs Capital Corp. and rename the resulting issuer to Kintavar Exploration Inc. GéoMégA intends to distribute to its shareholders, after the closing of the […]

News Releases

GéoMégA Resolves Litigation with Former Senior Executive

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Montréal, December 5, 2016 – Geomega Resources Inc. (“GéoMégA” or the “Corporation”) (TSX.V: GMA) announces that the Corporation entered into an out of court settlement pursuant to which the Corporation and the former senior officer are mutually fully released and discharged from any ongoing and future claims by each other. The Corporation previously disclosed the […]

News Releases

Annual Meeting Results and New Director Nomination for Innord

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Montréal, November 30, 2016 – Geomega Resources Inc. (“GéoMégA” or the “Corporation”) (TSX.V: GMA) announces that shareholders have approved all resolutions put forth at the Annual Meeting of Shareholders (the “Annual Meeting”) held in Montreal, Quebec, on Tuesday, November 29, 2016. Paul-Henri Couture, Gilles Gingras, Patrick Godin, Denis Hamel, Vicky Lavoie, Kiril Mugerman and Mario Spino […]

News Releases

Geomega Files to Extend Warrants

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Montreal, October 27, 2016 – Geomega Resources Inc. (“GéoMégA” or the “Company”) (TSX.V: GMA) reports that it will submit with the TSX Venture Exchange (the “Exchange”) an application to effect an extension of the expiry date of up to 4,090,638 share purchase warrants (the “Warrants”) originally issued in connection with two non-brokered private placements (the […]

News Releases

Geomega Appoints New Chief Financial Officer

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Montreal, October 17, 2016 – Geomega Resources Inc. (“GéoMégA” or the “Company”) (TSX.V: GMA) is pleased to announce it has appointed Mrs. Ingrid Martin, CPA, CA as Chief Financial Officer (“CFO”) effective immediately. Ingrid Martin, holds a Bachelor degree in Business Management from the École des Hautes Études Commerciales (HEC), in Montréal, Québec. She has […]

News Releases

Corporate Update

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Montreal, July 22, 2016 – In light of a large volume of inquiries submitted to the Company by shareholders in the last 48 hours concerning a press release issued by the Autorité des marchés financiers (“AMF”) on July 15, 2016, Geomega Resources Inc. (“GéoMégA” or the “Company”) (TSX.V: GMA) would like to make the following […]

News Releases

Corporate Update

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Montreal, July 14, 2016 – Geomega Resources Inc. (“GéoMégA” or the “Company”) (TSX.V: GMA) would like to notify the market regarding an investigation being conducted by Autorité des marchés financiers (“AMF”), the securities regulatory authority in the Province of Quebec. The Company, its officers and employees are fully cooperating with the AMF. To the Company’s […]

News Releases

GéoMégA and Innord Sign a Technology License Agreement

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Highlights of the news release: GéoMégA and Innord sign a technology license agreement GéoMégA and Innord move corporate headquarters to the NRC Boucherville facility New telephone number: +1 (450) 641-5119 GéoMégA announces transaction to sell the Buckingham graphite property   Montreal, April 6, 2016 – Geomega Resources Inc. (“GéoMégA” or the “Company”) (TSX.V: GMA) and […]