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].