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.

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.

St-Georges is developing new technologies to solve some of the most common environmental problems in the mining industry. The Company controls all the active mineral tenures in Iceland. It also explores for nickel & PGEs on the Julie Nickel Project and the Manicougan Palladium Project on the Québec's North Shore. Headquartered in Montreal, St-Georges' stock is listed on the CSE under the symbol SX, on the US OTC under the Symbol SXOOF and the Frankfurt Stock Exchange under the symbol 85G1.