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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]
EVSX Expands Leadership Team
Thenewswire· 2025-07-24 12:20
Core Insights - St-Georges Eco-Mining Corp. has appointed Byron D'Silva as Chief Financial Officer and Director of its battery processing subsidiary, EVSX Corp. [1][2] - D'Silva brings over 15 years of experience in corporate finance and operational strategy, previously working at KPMG and Royal Bank of Canada [3] - His appointment is seen as a significant step in EVSX's growth as it scales its battery processing and critical mineral recovery operations [3] Company Overview - EVSX operates a battery processing line with a capacity of 12,500 tonnes per year, capable of recovering critical battery metals and repurposing materials back into the supply chain [5] - The facility is located in Thorold, Ontario, strategically positioned within a major automotive cluster in North America [5] - EVSX holds a three-year battery supply agreement with Call2Recycle and is expanding its battery supply partnerships [5] Compensation Details - As part of his compensation package, D'Silva was issued 500,000 options under the terms set for management [4] St-Georges Eco-Mining Corp. Overview - St-Georges develops new technologies and holds a diversified portfolio of assets, including several subsidiaries focused on advanced battery processing and critical minerals [6] - The company is involved in various initiatives, including metallurgical R&D, gold exploration, and technology development for methane conversion [6]