Geomega to Webcast Live at VirtualInvestorConferences.com March 31st
March 30 2022 - 3:08PM
Geomega Resources Inc. (“
Geomega” or the
“
Corporation”) (TSX.V: GMA) (OTCQB: GOMRF), a
developer of clean technologies for the mining, refining, and
recycling of rare earths and other critical materials, today
announced that Kiril Mugerman, President & CEO, will present
live at VirtualInvestorConferences.com on March 31st, 2022.
DATE: March 31st,
2022TIME: 1 PM ESTLINK:
https://bit.ly/3Cqx2B5
This will be a live, interactive online event
where investors are invited to ask the company questions in
real-time. If attendees are not able to join the event live on the
day of the conference, an archived webcast will also be made
available after the event.
It is recommended that investors pre-register
and run the online system check to expedite participation and
receive event updates.
Learn more about the event at
www.virtualinvestorconferences.com.
Recent Geomega Highlights
- The Corporation is developing the
first of its kind rare earths recycling plant in Quebec that will
be able to process at the start 1.5 tpd of end of life, scrap and
manufacturing waste (swarf) and generate important revenues.
- Geomega owns 100% the Montviel rare
earths deposit located in Quebec that is fully accessible by road
and is near hydroelectric power. The deposit is the largest 43-101
bastnaesite resource estimate in North America and is one of the
most promising REE projects in the region. Geomega is developing an
economically and environmentally robust hydrometallurgical
flowsheet that will make Montviel a rare earths project that could
operate profitably even at the lowest REE prices.
- Innord Inc., the wholly owned
subsidiary of Geomega, is developing a process for Bauxite
Residues, a potentially valuable by-product that is being generated
during refining of alumina. Innord works with an international
industrial partner to extract rare earth elements, scandium, iron,
aluminum and other critical and potentially valuable metals from
this readily available material.
- Geomega and Innord are continuously
evaluating other primary and secondary feeds that could be a good
fit with its environmentally friendly technology and is targeting
to make these solutions available globally through licensing and
royalty structures.
About Geomega
(www.geomega.ca)Geomega
develops innovative technologies for extraction and separation of
rare earth elements and other critical metals essential for a
sustainable future. With a focus on renewable energies, vehicle
electrification, automation and reduction in energy usage, rare
earth magnets or neo-magnets (NdFeB) are at the center of all these
technologies. 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 these industries to recycle the magnets that power all
those technologies.
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.
Irrespective 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 reagents in the process.
Geomega’s core project is based around the ISR
Technology (Innord’s Separation of Rare Earths), a proprietary,
low-cost, environmentally friendly way to tap into a C$1.5 billion
global market to recycle magnet production waste and end of life
magnets profitably and safely.
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 14% of the issued and outstanding shares, of Kintavar
Exploration Inc. (KTR.V), a mineral exploration company that is
exploring for copper projects in Quebec, Canada.
About Virtual Investor
Conferences®Virtual Investor Conferences (VIC) is the
leading proprietary investor conference series that provides an
interactive forum for publicly traded companies to seamlessly
present directly to investors.
Providing a real-time investor engagement
solution, VIC is specifically designed to offer companies more
efficient investor access. Replicating the components of an
on-site investor conference, VIC offers companies enhanced
capabilities to connect with investors, schedule targeted
one-on-one meetings and enhance their presentations with dynamic
video content. Accelerating the next level of investor engagement,
Virtual Investor Conferences delivers leading investor
communications to a global network of retail and institutional
investors.
For further information, please
contact:
Kiril Mugerman |
President and CEO |
Geomega |
450-641-5119 ext.5653 |
kmugerman@geomega.caNancy ThompsonVorticom Public
Relations212-532-2208nancyt@vorticom.comTwitter:
@Geomega_REEVirtual Investor ConferencesJohn M.
ViglottiSVP Corporate Services, Investor AccessOTC Markets Group
(212) 220-2221johnv@otcmarkets.com |
Cautions Regarding Forward-Looking
Statements Neither TSX Venture Exchange nor its Regulation
Services Provider (as that term is defined in the policies of TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
This news release contains statements that may
constitute “forward-looking information” or “forward-looking
statements” within the meaning of applicable Canadian securities
legislation. Forward-looking information and statements may
include, among others, statements regarding future plans, costs,
objectives or performance of the Corporation, or the assumptions
underlying any of the foregoing. In this news release, words such
as “may”, “would”, “could”, “will”, “likely”, “believe”, “expect”,
“anticipate”, “intend”, “plan”, “estimate” “target” and similar
words and the negative form thereof are used to identify
forward-looking statements. Forward-looking statements should not
be read as guarantees of future performance or results, and will
not necessarily be accurate indications of whether, or the times at
or by which, such future performance will be achieved. No assurance
can be given that any events anticipated by the forward-looking
information will transpire or occur, including as regards the
commercialization of any of the technology referred to above, or if
any of them do so, what benefits the Corporation will derive.
Forward-looking statements and information are based on information
available at the time and/or management's good-faith belief with
respect to future events and are subject to known or unknown risks,
uncertainties, assumptions and other unpredictable factors, many of
which are beyond the Corporation’s control. These risks,
uncertainties and assumptions include, but are not limited to,
those described under “Risk Factors” in the Corporation’s annual
management’s discussion and analysis for the fiscal year ended May
31, 2021, which is available on SEDAR at www.sedar.com; they could
cause actual events or results to differ materially from those
projected in any forward-looking statements. The Corporation does
not intend, nor does the Corporation undertake any obligation, to
update or revise any forward-looking information or statements
contained in this news release to reflect subsequent information,
events or circumstances or otherwise, except if required by
applicable laws.
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