SXOOF - Paul Pelosi Jr. Becomes President of St-Georges' Subsidiary
(TheNewswire)
Montréal – TheNewswire - January 20, 2021 – St-Georges Eco-Mining Corp.(CSE:SX) (OTC:SXOOF) (CNSX:SX.CN) (FSE:85G1) ispleased to welcome Mr. Paul Pelosi, Jr. as a Director and thePresident of St-Georges’ new subsidiary, EVSX Corp. which isdedicated to electric vehicle battery recycling and futurepartnerships in the development of lithium mineral resources.
Paul’s expertise in green technology, eco-responsibleinvestments, and regulatory governmental environmental legislativeframework will play a critical role in developing and deployingSt-Georges’ lithium mineral processing technology and EV batteryrecycling technology initiative.
St-Georges and its partner, Altair International, havejoined forces to develop metallurgical solutions for the recycling oflithium and other metals from EV batteries. They are workingdiligently to complete a long-form agreement before the end of themonth.
About Paul Pelosi, Jr.
Paul Pelosi Jr. has many years of experiencecontributing to the sustainability of the environment through hisservice as President of the Environment Commission in San Francisco.The commission develops policies and programs in recycling,environmental justice, toxic reduction, energy efficiency, climatechange, eco-friendly commuting alternatives, and policies regardingpreserving the city's urban forest. Paul’s experience includesemerging company investments, investment banking, sustainable realestate, and corporate governance. In each of these ventures, he wasinstrumental in developing corporate governance practices thatadvanced new technologies while supporting all stakeholders.
Paul graduated from Georgetown University with aBachelor of Arts in History and an MBA with an emphasis inInternational Business. He holds a juris doctor. He is known for hishumanitarian beliefs and work in the field and received the GeorgetownInternational Human Rights Award in 1994. He has been a member of theCalifornia State Bar since 1996.
About EVSX Corp.
EVSX Corp. was recently incorporated as a wholly-ownedsubsidiary of St-Georges Eco-Mining Corp. The Company will use thissubsidiary to operate all research and development and hold patentsand intellectual property developed within the proposed joint-venturepartnership with Altair International.
Altair has the option to acquire 49.99% of the commonshares of EVSX by issuing shares to St-Georges and making certainmilestones payments (for more details, See Press Release“ St-Georges Inks Licensing& Development Agreement for Lithium ProcessingTechnology ” dated December 1, 2020)
The Board and Management of EVSX will initially becomposed of these individuals:
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- Paul Pelosi Jr., Director & President
- Mark Billings, Director & CFO
- Vilhjalmur Thor Vilhjalmsson, Director
- Enrico Di Cesare, Director & CEO.
Vilhjalmur Thor Vilhjalmsson, President and Chief Executive Officer of St-GeorgesEco-Mining, commented, “(…) St-Georges isexcited to be expanding our commitment to the environment to therecycling of lithium car batteries. Paul is the ideal candidate to beheading up this venture. He has a proven track record in promotinggreen technologies, which marries well with St-Georges’ core valuesand our deep concern for the ecosystem. We look forward to workingwith Paul on this and will continue to develop cutting-edge eco-greentechnologies for other ventures. (…)’
Surge in market activities
At the request of IIROC, St-Georges wishes to confirmthat the Company’s management is unaware of any material change inthe Company’s operations that would account for the recent increasein market activity.
The Company is committed to deliver positive results onits different business initiatives and to keep its shareholders andstakeholders informed and up to date on any and all developments asearly as results or progress can be disclosed.
ON BEHALF OF THE BOARD OF DIRECTORS
“MarkBillings”
MARK BILLINGS
Chairman of the Board
About St-Georges
St-Georges is developing new technologies to solve someof the most common environmental problems in the mining industry. TheCompany controls all the active mineral tenures in Iceland. It alsoexplores for nickel & PGEs on the Julie Nickel Project and theManicougan Palladium Project on the Québec’s North Shore.Headquartered in Montreal, St-Georges’ stock is listed on the CSEunder the symbol SX, on the US OTC under the Symbol SXOOF and on theFrankfurt Stock Exchange under the symbol 85G1
The Canadian Securities Exchange(CSE) has not reviewed and does not accept responsibility for theadequacy or the accuracy of the contents of this release.
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