SXOOF - St-Georges Files Q1 2021 Interim Financial Statements
(TheNewswire)
Montréal - TheNewswire - July 19, 2021 - St-Georges Eco-Mining Corp. (C NSX :SX. CN ) (OTC:SXOOF) (FSE:85G1) is pleasedto disclose that it has filed its firstquarter Interim Financial Statements on SEDAR.
The Company has turned the corner with the raising of over $16,000,000 incapital during the quarter which hasrecapitalized the Company’s ability to move aggressively forwardwith its planned activities and expansions.
The total assets of the Company haveincreased from $4,621,822 in December 2020 to $32,597,114 on March 31,2021.
Total shareholder’s equityincreased to $21,374,472 from $20,328 .
Cash has increased to over$12,700,000 as per March 31, 2021.
We look forward to the opportunities now available tothe recapitalized and funded Company and trust that our projects willcontinue to perform positively as we advance.
On May 3, 2021, the British Columbia Securities Commission (the“ BCSC”) approved a MCTO imposed against theChief Executive Officer, Mr. Herb Duerr and Chief Financial Officer,Mr. Richard Barnett, of the Company precluding them from tradingsecurities of the Company. The MCTO required the Annual FinancialFilings to be filed on or before July 2, 2021 . On July 6, 2021, after review, theBCSC granted a further extension for the filing of the AnnualFinancial Filings until July 15, 2021, as well as an extension for thefiling of the Company’s interim financial statements andcorresponding management’s discussion and analysis for thethree-month period ended March 31, 2021, including the related CEO andCFO certifications which had to befiled before July 20, 2021.
The Company confirms that there is no other material informationrelating to its affairs that has not been generally disclosed.
ON BEHALF OF THE BOARD OF DIRECTORS
“ Frank Dumas”
FRANCOIS (FRANK) DUMAS
Director &COO
A bout St-Georges
The Canadian Securities Exchange(CSE) has not reviewed and does not accept responsibility for theadequacy or the accuracy of the contents of this release.
Copyright (c) 2021 TheNewswire - All rights reserved.