Press Release - MINING.COM : vimarsana.com

Press Release - MINING.COM


Sunday, June 27, 2021 9:30 PM PDT
(via TheNewswire)
Montréal - TheNewswire - June 28, 2021– St-Georges Eco-Mining Corp. (CNSX:SX.CN) (OTC:SXOOF) (FSE:85G1) is pleased to announce that it has executed a final option agreement that allows the Company to secure the land and building for its proposed battery recycling plant in the deep seaport of Baie-Comeau on the Québec North Shore.
The Company had previously disclosed that it had signed a binding term sheet regarding this matter by way of a press release titled ‘St-Georges Secures Future EV Batteries Recycling Plant & Engineering Expertise’ disseminated on April 19, 2021.
Early design and engineering reviews of the industrial plant being secured have not identified the need for a major overhaul.  The Company will have 45 days following the reception of its final feasibility study report to decide to enter into a lease agreement for the building. The Company will be charged a pro-rotated rate for the lease established by the parties. The option to acquire the land and building has already been priced. This agreement allows the Company to save a significant amount of time that the permitting and construction of a new plant would have taken and should have a considerable impact on the final Capex costs of the project.

Related Keywords

Baie Comeau , Quebec , Canada , Montreal , Iceland , Frankfurt , Brandenburg , Germany , Canadian , Frank Dumas , Roberge Industries Inc , Mining Corp , Canadian Securities Exchange , Frankfurt Stock Exchange , St Georges Eco Mining , St Georges Secures Future , Recycling Plant , Engineering Expertise , Roberge Industries , Regional Overview , Julie Nickel Project , Manicougan Palladium Project , பைய காமேசு , க்வீபெக் , கனடா , மான்ட்ரியல் , ஐஸ்லாந்து , பிராங்க்ஃபர்ட் , பிராண்டன்பர்க் , ஜெர்மனி , கனடியன் , வெளிப்படையான டுமாஸ் , சுரங்க கார்ப் , கனடியன் பத்திரங்கள் பரிமாற்றம் , பிராங்க்ஃபர்ட் ஸ்டாக் பரிமாற்றம் , ஸ்டம்ப் ஜார்ஜ்கள் சூழல் சுரங்க , மீள் சுழற்சி ஆலை , பிராந்திய ஓவர்‌வ்யூ , ஜூலி நிக்கல் ப்ராஜெக்ட் ,

© 2025 Vimarsana