Core Viewpoint - Geomega Resources Inc. is progressing on the construction of its rare earth magnet recycling demonstration plant in Saint-Hubert, Québec, and has filed for an extension of warrants expiring soon [1][7]. Construction Progress - Major work packages at the demonstration plant have advanced, including engineering, procurement, construction, and integration of process equipment, with all long-lead process equipment delivered and most units assembled [2]. - The plant's conveyors have been delivered, and a piping contract for the process area has been awarded, with detailed routing and installation in progress [3]. - Construction and engineering activities are ongoing, including piping work and control system installation, while environmental permitting is still in process [4]. Project Goals - The demonstration plant aims to process end-of-life NdFeB magnets to produce key rare earth oxides, contributing to a sustainable rare earth supply chain in North America and Europe [6]. - The project is expected to showcase Geomega's proprietary technology at an industrial scale and support future commercial deployment opportunities [6]. Warrant Extension - Geomega has filed to extend the expiry date of 704,028 warrants from February 8, 2026, to February 8, 2027, with an exercise price of $0.40 [7]. - An acceleration clause has been added, reducing the exercise period to 30 days if shares trade at $0.50 or more for 10 consecutive closing days [7]. Omnibus Incentive Plan Clarification - The Corporation clarified changes to its Omnibus Incentive Plan, amending the share reserve to a single rolling plan reserving up to 10% of issued and outstanding common shares for all equity-based awards [9].

Core Insights - The Investor Icebreaker: The Michael Gentile Mining Showcase is set to take place on January 27, 2026, in Vancouver, coinciding with a bullish market for precious metals and significant investor interest [1][5][7] - This event is designed as an exclusive forum for high-net-worth individuals, family offices, and institutional investors focused on the resource sector [2][15] - The showcase features companies from Michael Gentile's personal portfolio, providing attendees with vetted investment opportunities backed by a respected investor in the mining sector [3][4][10] Event Details - The Investor Icebreaker is strategically scheduled between the Vancouver Resource Investment Conference (VRIC) and the Association for Mineral Explorations (AME) Roundup conference, enhancing its relevance during Vancouver's Mining Week [5][6] - The event will include focused 1-on-1 and 3-on-1 meetings, allowing for efficient networking among serious investors and presenting companies [12][13] - Following the main event, attendees can network in a VIP suite during an NHL game, providing a relaxed environment for relationship building [14] Market Context - Current market conditions are favorable for investments in precious metals, with metals reaching all-time highs and a strong sentiment among investors [7][34] - The event aims to capitalize on this bull market, offering a platform for strategic validation of companies presented by Michael Gentile [33][34] Attendee Profile - The event is exclusively for sophisticated investors, including high-net-worth individuals, family offices, institutional investors, and professionals from capital markets [18][15] - The application-only registration process ensures a curated environment, fostering meaningful interactions between qualified investors and presenting companies [17][15] Featured Companies - A diverse range of companies will be showcased, including Aeonian Resources, American Pacific Mining Corp., and Arianne Phosphate Inc., among others, all selected for their strong management teams and project fundamentals [9][4]

Core Viewpoint - Geomega Resources Inc. has secured a $750,000 repayable contribution from Canada Economic Development for Quebec Regions to support the development of new integrated laboratories and piloting facilities, marking a significant advancement in the company's technology scale-up and operational consolidation [1][5][6]. Group 1: Financial Support and Contribution Terms - The funding is part of the Regional Economic Growth through Innovation (REGI) program and will be interest-free, repayable over 60 equal monthly installments starting 36 months after project completion, expected by September 30, 2026 [5]. - This contribution reflects the federal government's confidence in Geomega's technologies and its role in advancing Canada's critical metals ecosystem [6]. Group 2: Project Development and Expansion - The project includes the establishment of four new hydrometallurgical laboratories totaling approximately 2,000 sq. ft. and a new double-level piloting area exceeding 3,500 sq. ft., representing a more than 10-fold increase in current piloting capacity [7]. - The new facility will consolidate laboratories, piloting operations, engineering teams, and administrative offices, strengthening Geomega's operational foundation for rapid growth [7][8]. Group 3: Technological Advancements and Market Position - Geomega has achieved significant milestones in rare earth magnet recycling and bauxite residue valorization, demonstrating the strength of its technologies and the increasing demand for its solutions [2][3]. - The new facility will enable the company to conduct more piloting campaigns in parallel, support a greater number of client projects, and enhance the transition of technologies from lab scale to commercial implementation [14].

Core Viewpoint - Geomega Resources Inc. has successfully raised $2.7 million through the exercise of financial instruments and is advancing its bauxite residue valorization technology, which presents significant opportunities in the aluminum industry [1][2]. Financial Instruments Exercises - Since September 1, 2025, the company raised $2,728,773 through the exercise of various financial instruments, resulting in the issuance of 11,991,819 common shares [2]. - Only 110,000 warrants expired on November 6, 2025, while insiders exercised all their options and warrants nearing expiry [2]. - Major shareholders, including Michael Gentile, have increased their positions by exercising their warrants [2]. Corporate Structure - The updated corporate structure includes 160,748,007 issued and outstanding shares, 6,160,000 stock options, and 16,431,350 convertible debentures [3]. Update on Recent Conferences and Bauxite Residue Opportunity - Geomega presented its multi-step processing technology at the ICSOBA and IFCURM 2025 conferences, focusing on recovering bulk metals and producing high-value metal concentrates while reducing residue volume by over 90% [4][5]. - The technology aims to minimize processing steps, maximize reagent recycling, and significantly reduce effluent generation [5]. Pilot Study and Project Developments - The pilot study for the Bauxite Residue to Resources (BR2R) Project successfully produced 20 kg of high-purity iron oxide (99.3% Fe₂O₃) and demonstrated commercial potential of 460 kg of Fe₂O₃ per tonne of bauxite residue [9][10]. - The next phase involves developing a demonstration plant as part of a joint development and demo license agreement [10]. Industry Context and Future Outlook - The aluminum industry faces challenges with increasing bauxite residue due to declining bauxite quality, creating a growing market for Geomega's technology [11]. - Geomega's approach to valorizing both legacy and fresh bauxite residue expands its total addressable market, positioning the company for future collaborations and advancements in technology [11].

Core Insights - Geomega Resources Inc. has signed a Joint Development Agreement (JDA) with Rio Tinto for the Bauxite Residue Valorization Technology, which includes a demonstration license for Circuit 1 and 2 [1][2] - The agreement could lead to a demonstration plant in Saguenay, Quebec, with potential payments totaling up to $4,500,000 [2][3] - The technology aims to enhance the environmental footprint of alumina refining by reducing bauxite residue storage and extracting critical minerals [3][4] Financial Aspects - Geomega anticipates receiving $1,400,000 in 2025, $100,000 in early 2026, and up to $3,000,000 in additional payments if the demonstration plant is constructed, totaling a potential of $4,500,000 [2] Technological Impact - The Bauxite Residue Valorization Technology could allow for the extraction of direct reduced iron (DRI) grade ore and critical minerals such as rare earth elements and titanium concentrates [3][4] - Geomega will provide engineering support and conduct tests to demonstrate the technology's flexibility and robustness using various bauxite residue feeds from Rio Tinto's global operations [3][4] Strategic Importance - The partnership with Rio Tinto highlights the increasing demand for sustainable solutions in managing industrial and mining residues, contributing to a reliable local supply chain for critical minerals [4][5] - The collaboration is seen as a significant step towards commercial licensing of Geomega's technology and positions Quebec and Canada as potential leaders in sustainable technology development [5][6] Industry Context - The agreement is part of ongoing efforts to reduce the environmental impact of alumina refining, addressing challenges faced by the global aluminum industry [6][8] - Geomega's strategy includes working with major partners to extract value from mining feeds and industrial residues, focusing on reducing environmental impacts and greenhouse gas emissions [10]

Corporate Update - Geomega Resources Inc. will hold its Annual General and Special Meeting (AGM) on October 22, 2025, at 10:00 a.m. (Eastern Time) in Montreal, Quebec, where shareholders can attend in person or via video conference [1][2][6] Change in Directors - Geneviève Ayotte, CPA, has been nominated to the Board of Directors and will also serve as Chair of the Audit Committee, bringing over 14 years of experience in finance and auditing, particularly in the mining sector [3][4] - Gilles Gingras, the current Director and Chair of the Audit Committee, will retire after 12 years of service, with the company expressing gratitude for his contributions [4] Financial Instruments - Since the beginning of the fiscal year on June 1, 2025, Geomega has raised over $735,060 through the exercise of various financial instruments, resulting in the issuance of 5,354,667 common shares [5][6] Upcoming Conferences - Geomega's management will present at several upcoming conferences, including ICSOBA 2025 and IFCURM 2025 in Nanning, China, and TMS 2026 in San Diego, California, focusing on sustainable valorization of bauxite residues and other technologies [7][8] Technology and Projects - The company is advancing its construction of a rare earths recycling demonstration plant and its R&D program for bauxite residues valorization, aiming for a licensing business model [8][10] - Geomega owns the Montviel rare earth carbonatite deposit, which is the largest 43-101 bastnaesite resource estimate in North America [12]

Core Viewpoint - Geomega Resources Inc. is making significant progress in the construction of its rare earth magnet recycling plant in Saint-Hubert, Quebec, with completion expected by the end of 2025 [1][5]. Group 1: Construction Progress - Procurement of long lead items is complete, and most equipment has been delivered, with two main reactors expected to ship in June [2] - The engineering team is finalizing plant instrumentation and valves, with orders expected in the coming months [3] - All received process equipment has been assembled and is being leveled and anchored, while electrical cable installation is ongoing [4] Group 2: Environmental and Operational Readiness - An environmental permitting request has been submitted and is under review, with test work expected to begin upon approval [5] - The company is preparing startup and commissioning procedures in parallel with equipment installation [3][6] Group 3: Industry Engagement - Geomega will participate in the 2025 Rare Earth Industry Association Annual Conference from June 17 to 19, hosting a site visit to the demonstration plant [7][8] Group 4: Company Overview - Geomega develops innovative technologies for the extraction and separation of rare earth elements and critical metals, focusing on waste valorization [9] - The company owns the Montviel rare earth carbonatite deposit, the largest bastnaesite resource estimate in North America [11]

MONTREAL, March 25, 2025 (GLOBE NEWSWIRE) -- Geomega Resources Inc. (“Geomega” or the “Corporation”) (TSX.V: GMA) is pleased to announce the closing of a non-brokered private placement (the “Offering”) of 12% unsecured convertible debentures (the “Convertible Debentures”) in an aggregate principal amount of $2,022,761. In addition, the Corporation has filed an application with the TSX Venture Exchange (the “TSXV”) to approve the repricing and extension of a total of 4,354,667 warrants (the “Warrant Extens ...