St-Georges Eco-Mining Corp. Subsidiary Reaches Settlement in Receivership Proceedings
September 10, 2026 — Leads & Copy — St-Georges Eco-Mining Corp. (CSE: SX) (OTCQB: SXOOF) (FSE: 85G1) announced that its wholly-owned subsidiary, EVSX Corp., has reached a settlement agreement with its debenture holders, resolving the previously initiated receivership proceedings against EVSX. The agreed-upon debt amount has been set at $484,463.
The repayment schedule includes an initial payment of $25,000 due by September 11, 2026. This will be followed by a further payment of $10,000 by September 18, 2026. Subsequently, the debt will be satisfied through regular instalments of $60,000 every 15 days, commencing October 5, 2026.
As a result of this settlement, the petition for receivership has been suspended. The hearing that was scheduled for September 10, 2026, has been adjourned.
St-Georges Eco-Mining Corp. is engaged in the development of new technologies and possesses a diverse portfolio of assets and patent-pending intellectual property across several subsidiaries. These include EVSX, focused on battery processing; St-Georges Metallurgy, which conducts metallurgical research and development with related intellectual property, including the recovery of high-grade lithium from spodumene; Iceland Resources, with high-grade gold exploration projects like the Thor Project; H2SX, developing technology to convert methane into solid carbon and turquoise hydrogen; and Quebec-based exploration projects, such as the Manicouagan and Julie nickel, copper, and PGE critical mineral projects located on Quebec’s North-Shore, as well as the Notre-Dame niobium Project in Lac St-Jean.
Source: St-Georges Eco-Mining Corp.
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