Management & Director Changes
Thenewswire·2025-09-03 12:10

Corporate Governance Changes - The board of directors of St-Georges Eco-Mining Corp. has approved several changes to the management and governance structure, with Mark Billings, Frank Dumas, and Herb Duerr now on the board of St-Georges Metallurgy, and Herb Duerr appointed as interim President and CEO [1] - The position of Vice President, Research & Development has been eliminated, and Frank Dumas will return to the board to fill the vacancy left by the retirement of Enrico Di Cesare [2] Financial Performance and Operations - The company published its Interim Financial Statements and Management Discussion & Analysis for the first quarter ended June 30, 2025, on August 29, 2025 [3] - EVSX Corp., the company's battery processing subsidiary, completed essential upgrades to its multi-chemistry line at the Thorold, Ontario plant, enhancing processing throughput and efficiency [4] - EVSX has made key operational hires to improve efficiency and maintain continuity in a challenging labor market, while continuing to focus on community-based hiring [4] Employee Incentives - The company will issue 200,000 options priced at $0.075 with a 3-year term to new employees at the Thorold battery processing plant [5] Business Overview - St-Georges Eco-Mining Corp. develops new technologies and holds a diversified portfolio of assets and patent-pending intellectual property across several subsidiaries, including EVSX, St-Georges Metallurgy, Iceland Resources, H2SX, and various exploration projects in Quebec [6]