SX:CC - World Premiere Integrated Approach to Energy Production
(TheNewswire)
Saint-Hyacinthe – TheNewswire - September 14, 2022 - St-Georges Eco-Mining Corp. (CSE:SX)(OTC:SXOOF) (FSE:85G1) is pleased to disclosethat its majority-owned subsidiary, H2SX,presented its Difference Initiative today at the Nourrir Demain conference. This exceptional technology introduces a radical change inthe production of “dark” green hydrogen.
Exceptional technology
The DifferenceInitiative aims to demonstrate that the economyand the environment can coexist in perfect harmony. Agribusiness,agriculture, and natural resources can work together to develop greenproducts. Making a difference by producing hydrogen from biogas,converting plastic waste from the agri-food industry into fuel, andmining waste into fertilizer, to offer added value to manyproducts.
The eco-responsible and green use of natural gas andbiogas will make it possible to meet the needs of companies forhigh-purity green hydrogen at a truly affordable cost. Quebec wouldhave the opportunity to position itself as an innovative province,develop new intellectual property, and export new know-how. The DifferenceInitiative would make a strong statement infavor of carbon neutrality and the environment, create more wealth,and reduce greenhouse gas emissions.
“(…) TheDifference Initiative is a concrete example of positive impact andleverage, demonstrating that a judicious choice of links in atechnological chain allows the implementation of innovative approachesfor a prosperous future in a healthy environment. Technology makes adifference. Together, we can make that difference. Let’s capitalizeon these differences and give our children and future generations thechance to grow old. I am very proud to be part of this technologicalrevolution, and I have only one dream, to leave a block of clean airto my children and grandchildren (…)”, commented Dr. Sabin Boily, CEO of H2SX.
The technologies used to date to produce hydrogen facesignificant challenges, either because they release vast amounts ofCO2 into the air or because they use an immense amount of water andenergy.
To produce the same amount of green hydrogen withoutemitting any CO2, the Difference Initiative consumes no water,requires 14 times less electricity than water electrolysistechnologies, and is more cost-effective than hydrogen produced fromthe latter. With H2SX, Quebec would be in a position to save energywhile preserving the priceless resource of drinking water.
“(…) Forthe same amount of hydrogen produced, imagine what we could do withall the energy and water saved. We need to preserve water and use itfor our own consumption, for animals, and for the needs ofagribusiness and agriculture in a One Health concept. The energy savedthanks to the Initiative certainly allows us to reduce our CO2emissions, electrify our transport, and develop the electrical sector,but above all, it allows us to diversify our economy perennially andsustainably by producing new products at home from this “dark”green hydrogen which can then be exported and sold all over theplanet. Let’s remember that of the nine planetary limits identifiedon a global scale, six have already been crossed. It is thereforeimperative that we put in place the right conditions to preserve ourwater and energy and use them wisely so that humanity can flourish inan eco-responsible environment (…)”,concluded Dr. Sabin Boily, CEO of H2SX.
_____________________________________________________________________________________
ON BEHALF OF THE BOARD OF DIRECTORS
“Frank Dumas”
FRANK DUMAS
Chief Operating Officer & Director
For further information, pleasecontact:
Valérie Pomerleau, Communications Coordinator
valerie@ryanap.com (819) 856-5678
About H2SX
H2SX, a majority-owned subsidiary of St-GeorgesEco-Mining Corp., implements innovative, cheap, clean hydrogenproduction solutions that unlock hydrogen’s real economic andenvironmental value. The clean hydrogen produced is destined for amultitude of markets and allows the creation of value-added productswhile attributing green premiums to them. H2SX also supports theSt-Georges family of companies by bringing undeniable benefits totheir circular economy efforts. H2SX is the catalyst for limitlessbusiness opportunities.
About St-Georges Eco-Mining Corp.
St-Georges develops new technologies to solve some ofthe most common environmental problems in the mining sector, includingmaximizing metal recovery and full circle EV battery recycling. TheCompany explores for nickel & PGEs on the Julie Nickel Project andthe Manicouagan Palladium Project on Quebec’s North Shore and hasmultiple exploration projects in Iceland, including the Thor GoldProject. Headquartered in Montreal, St-Georges’ stock is listed onthe CSE under the symbol SX and trades on the Frankfurt Stock Exchangeunder the symbol 85G1 and on the OTCQB Venture Market for early stageand developing U.S. and international companies. Companies are currentin their reporting and undergo an annual verification and managementcertification process. Investors can find Real-Time quotes and marketinformation for the company on www.otcmarkets.com
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