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St-Georges Eco-Mining closes $321K tranche in private placement to fund operations and asset maintenance.

Company Fundamentals
14 Jun 2026
TheNewswire
View Source
Bullish
pluang ai news

St-Georges Eco-Mining Corp. completed the first tranche of a private placement, raising $321,302 by issuing 6.4 million units at $0.05 each. Each unit includes one common share and half a warrant, allowing purchase of additional shares at $0.075 within 24 months. The funds will support asset maintenance, license renewals, operational costs at its battery processing subsidiary, and general corporate expenses. Some proceeds also settled outstanding payables to related parties. This financing helps sustain the company’s projects in Iceland and Quebec, including battery processing and mineral exploration initiatives.

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