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St-Georges Announces $500,000 Financing

Montreal / TheNewswire / January 3, 2019 - St-Georges Eco-Mining Corp. (CSE: SX) (OTC: SXOOF) (FSE: 85G1) is pleased to announce that it has arranged a non-brokered private placement offering of 5,000,000 units of the company (the "Units") at a price of $0.10 per Unit for aggregate gross proceeds of $500,000. Each unit consists of one (1) common share (a "Share") and one (1) Share purchase warrant, entitling the holder to purchase an additional Share at a price of $0.185 per share until January 4, 2021 (the "Warrant Expiry Date").

In the event that, during the period following 4 months from the closing date, the volume-weighted average trading price of the Shares exceeds $0.85 per Share for any period of 10 consecutive trading days, the company may, at its option, following such 10-day period, accelerate the Warrant Expiry Date by delivery of notice to the registered holders (an "Acceleration Notice") thereof and issuing a press release (a "Warrant Acceleration Press Release", and, in such case, the Warrant Expiry Date shall be deemed to be 5:00 p.m. (Montreal time) on the 30th day following the later of (i) the date on which the Acceleration Notice is sent to Warrant holders, and (ii) the date of issuance of the Warrant Acceleration Press Release.

In connection with the Offering, the company might pay Finder's Fees. The net proceeds of the Offering will be used for general working capital.

All securities issued under the Offering are subject to a hold period expiring May 4, 2019.


"Vilhjalmur Thor Vilhjalmsson"


About St-Georges

St-Georges is developing new technologies to solve the some of the most common environmental problems in the mining industry.

The Company controls directly or indirectly, through rights of first refusal, all of the active mineral tenures in Iceland. It also explores for nickel on the Julie Nickel Project & for industrial minerals on Quebec's North Shore and for lithium and rare metals in Northern Quebec and in the Abitibi region. Headquartered in Montreal, St-Georges' stock is listed on the CSE under the symbol SX, on the US OTC under the Symbol SXOOF and on the Frankfurt Stock Exchange under the symbol 85G1. For additional information, please visit our website at

The Canadian Securities Exchange (CSE) has not reviewed and does not accept responsibility for the adequacy or the accuracy of the contents of this release.