Rare earth elements extraction and separation technologies
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Geomega Resources Inc. Provides Corporate Update
Newsfile· 2025-09-11 11:30
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]