An update from St-Georges Platinum and Base Metals ( (TSE:SX) ) is now available.
St-Georges Eco-Mining Corp. announced a convertible debenture financing for its subsidiary, EVSX Corp., amounting to a maximum of $400,000 with an interest rate of 17.65% and a one-year maturity. The proceeds will support operations at the EVSX Thorold plant and general working capital, potentially enhancing the company’s operational capabilities and market position in advanced battery processing and recycling.
More about St-Georges Platinum and Base Metals
St-Georges Eco-Mining Corp. is involved in developing new technologies and holds a diversified portfolio of assets and patent-pending intellectual property. The company operates through several subsidiaries, including EVSX, which focuses on advanced battery processing and recycling in North America. Other subsidiaries include St Georges Metallurgy, Iceland Resources, H2SX, and various exploration projects in Quebec.
YTD Price Performance: 41.67%
Average Trading Volume: 444,776
Technical Sentiment Signal: Hold
Current Market Cap: C$26.02M
For a thorough assessment of SX stock, go to TipRanks’ Stock Analysis page.