Tillkännagivande • Aug 04
Geomega Resources Inc., Annual General Meeting, Oct 08, 2025 Geomega Resources Inc., Annual General Meeting, Oct 08, 2025. Location: quebec, montreal Canada Tillkännagivande • Jun 18
Geomega Resources Inc. Provides Update on Montviel Hydrometallurgical Process Developments Geomega Resources Inc. provided an update on the hydrometallurgical process developments for the Montviel rare earth deposit. Following the restart of the hydrometallurgical testwork on Montviel in 2022, Geomega was able to significantly upgrade the process flow sheet and apply various process improvements that should benefit project economics and reduce the environmental footprint of the deposit in comparison to the work published in 2015. As previously disclosed in 2022, the main technical objectives of the study were the following: To remove the flotation circuit which is a major operating cost and was accounting for 15% REE loss to the tailings. Eliminating the flotation circuit should result in the tailings facility being removed as well which was an important capital cost. To cut the number of steps and simplifying the flowsheet in comparison to the work published and then patented in 2020. To demonstrate valorization of other metals present in the ore. This allows the project to not be dependent only on rare earths which tend to have significant price fluctuations. Management believes that the possibility of having easily marketable offtake streams distributes this financial risk and the environmental footprint among the various products allowing the project to remain economic and sustainable even during low rare earth pricing periods. Some of the main improvements achieved during this testwork are: Elimination of fine grinding and flotation beneficiation; Valorization of about 40% of the overall ore into several offtake streams (not including carbonates); Circuit 1; Recovery of carbonates - a potential minor revenue stream that could reduce waste rock generated by the project or that would be used for paste backfill; Recovery of reagent in Circuit 2; Recovery of iron - a high purity iron product for DRI (Direct Reduced Iron) application, an important revenue stream and a significant waste volume reduction; Recovery of reagent in circuit 2; Iron recovery of about 75% to iron oxide stream. Circuit 3; Critical minerals concentrate including rare earth elements, scandium and niobium with recoveries of about 95% for REO and Sc and 85% for Nb; Iron Phosphate (FePO4) product recovery - an important revenue stream for the LFP (Lithium Iron Phosphate) batteries market; Mn/Mg salts recovery - an important revenue streamfor the agricultural and battery markets. Following the completion of the testwork, an internal techno-economic assessment was completed. The mining operation parameters were based on the work that was done between 2012 and 2015. Additional work by an external firm would need to be performed before a Preliminary Economic Assessment (PEA) could be completed and results published. The positive conclusions of this internal study will be used by the Corporation in evaluating the next steps in advancing the Montviel deposit. The testwork has been conducted by the technical team of Innord Inc, a private wholly owned subsidiary of Geomega. All the testwork and the technology developments have been supervised by Dr. Pouya Hajiani (Ph.D. Chemical Engineering), CTO of GeoMegA and he approves the technical information in this press release. Tillkännagivande • Jun 04
Geomega Resources Inc. Provides Update on Rare Earth Magnet Recycling Demonstration Plant Geomega Resources Inc. provided an update on the construction of the rare earth magnet recycling plant in Saint-Hubert, Quebec. Since the last update in October 2024, significant progress has been achieved in all of the main activities including procurement, equipment installation and electrical work. Procurement of the long lead items is now complete and the majority of equipment has now been delivered as well. Two main reactors are undergoing final modifications and inspections and are expected to be shipped in June while the kiln and the packaging station were shipped end of May. The conveyors design is being finalized with the vendors and an order is expected to be placed in June. The engineering team is working on plant instrumentation and valves which are all expected to be ordered over the coming months. An external contractor is working with Geomega's team on the control and automation system which will then be integrated into the plant. The start up and commissioning procedures are being prepared in parallel as well. Piping design, build and installation will be started towards the end of the summer when all the equipment is received. All the process equipment that has been received has already been assembled, placed in position and are being level and are being level and anchored in place. The electrical cables installation is ongoing while the electrical inlet to receive the increased power supply from Hydro Quebec has already been completed. The powering up of the new supply line is expected imminently and depends on the availability of the Hydro Quebec crews. All the utility units have been received with installation planned in the upcoming months. The chiller unit requires some repairs and modifications which are expected to take place during the same period as well. Environmental permitting request has been submitted and the file is currently being reviewed. Based on the current schedule of equipment arrival and the remaining steps, plant construction should be completed towards the end of 2025. Testwork is expected to begin on the various sections of the plant based on the approval from the environmental permitting authorities. Geomega develops innovative technologies for extraction and separation of rare earth elements and other critical metals essential for a sustainable future. Geomega works with various feed streams to apply its technologies to waste valorization. This includes NdFeB magnet recycling, bauxite residue and sulphide tailings processing. Geomega's strategy revolves around gradually de-risking its innovative technology and delivering cashflow and return value to shareholders while working directly with the main players in their respective industries. As its technologies are demonstrated on larger scales, Geomega is committed to work with major partners to help extract value from mining feeds, tailings and other industrial residues which contain rare earths and other critical metals. Ir respective of the metal or the source, Geomega adopts a consistent approach to reduce the environmental impact and to contribute to lowering greenhouse gases emissions through recycling the major agents in the process. Geomega also owns the Montviel rare earth carbonatite deposit, the largest 43-101 bastnaesite resource estimate in North America and holds over 16.8M shares, representing approximately 13% of the issued and outstanding shares, of Kintavar Exploration Inc. (KTR.V), a mineral exploration company that is exploring the potential for the future. Tillkännagivande • Apr 16
Geomega Resources Inc. and Rio Tinto Provide Update on Bauxite Residue Valorization Pilot Geomega Resources Inc. provided an update on the bauxite residue valorization activities, done in collaboration with Rio Tinto. Since the launch of the pilot project in March 2022, Geomega has continued to develop and further derisk its innovative bauxite residue valorisation technology. The technology is divided into three consecutive circuits which are being tested and scaled up individually. A refinery client might license Circuit 1, Circuits 1 and 2 or the complete package of Circuits 1, 2 and 3 depending on the grades of the various metals found in its bauxite residues and the corporate objectives. Circuits 1 (C1) focuses on alkalinity removal and production of several important offtake streams such as sodium, calcium, aluminium and silica products. This circuit is responsible for 10% to 30% of waste volume reduction. Circuits 2 (C2) deals with iron extraction and removal. One potential high value and critical product is DRI (Direct Reduced Iron) grade ore material, a high-purity iron feedstock that enables lower-carbon steelmaking. Circuits 1 and 2 are responsible for more than 70% of cumulative waste volume reduction. Circuit 3 (C3) deals with the remaining high value metals. Geomega is currently developing a cost-efficient circuit to extract and purify a rare earths (REE) concentrate, and a titanium concentrate while regenerating and recycling the reagent. Other potential products in Circuit 3 include scandium, gallium, alumina, and silica. Each circuit has its own reagent recycling, resulting in minimal effluents and no additional hazardous waste being produced by the process. One of the main advantages of the technology is that more than 95% of the main reagents for C1 and C2 are being recycled, having a major impact on the operating costs of the process. Over the last three years, many rounds of bench scale and then pilot scale testwork were completed to validate the key process parameters, and to produce samples throughout the process for product validation and optimization. Rio Tinto provided Geomega with a specific range of parameters for purities and particle sizes which have now been successfully confirmed and validated by Rio Tinto's team. Pilot testwork has been completed for C1 and C2 which allowed Geomega to produce a representative sample of the residue needed for piloting of C3. That work is planned for 2025. Geomega and Rio Tinto have now signed an extension to their collaboration agreement to continue the work on C3 as part of the project that was launched in March 2022. In parallel, Geomega and Rio T into are planning the next phase for C1 and C2 based on the positive results received to date. More details on the next steps will be provided once an agreement is finalized for this next phase. Tillkännagivande • Mar 25
Geomega Resources Inc. announced that it has received CAD 2.022761 million in funding Geomega Resources Inc. announced a non-brokered private placement to issue senior unsecured convertible debenture at principal amount of CAD 2,022,761 for gross proceeds of CAD 2,022,761 on March 25, 2025. The transaction includes participation from lead investor, Michael Gentile and several other new institutional investors, family offices, corporations and long term shareholders from Canada, USA and Australia. The Convertible Debentures have a three (3) year maturity date and bear an interest of 12% per annum, with interest payable annually in arrears. The debentures will converted into commons shares at conversion price of CAD 0.12. The Convertible Debentures will not be listed on any stock exchange, though the Corporation has received the conditional approval of the TSXV to list the common shares issuable upon conversion of the Convertible Debentures on the TSXV. The Convertible Debentures (and any common shares issuable upon conversion thereof) are subject to a four-month and one day statutory hold period under applicable Canadian securities laws, ending July 25, 2025. Tillkännagivande • Sep 17
Geomega Resources Inc., Annual General Meeting, Nov 20, 2024 Geomega Resources Inc., Annual General Meeting, Nov 20, 2024. Location: quebec, montreal Canada 
