ACCESS Newswire
01 Jun 2023, 03:38 GMT+10
MONTREAL, QC / ACCESSWIRE / May 31, 2023 / St-Georges Eco-Mining Corp. (CSE:SX)(OTCQB:SXOOF)(FSE:85G1) would like to report that Mr. Frank Dumas has resigned from his position as a director and Chief Operating Officer of the Company. Effective June 1, 2023, Frank will assume the duties of the newly created position of Vice-President of Business Development of St-Georges. James C. Passin has been recruited to fill the vacancy created by Frank's departure from the Board of Directors and will sit as an independent director.
'(…) Frank is a major asset to the Company, and we are happy that he is staying to help us launch the next stages of development. St-Georges is entering a new phase and will require additional help to tackle the challenges ahead. Since founding the Company in the early 2000s, Frank has been instrumental in its development and success, sometimes at the expense of his personal life. The creation of a Business Development role has been long discussed and is a natural fit for Frank's strengths while he continues to work with the team on our shared objectives (…) During the last week, members of the board had discussions with Frank on the topic of his required reporting. It is expected that all historical reporting should be brought to compliance. The Board will put safety mechanisms in place to avoid a repeat of this situation from any insider of the Company in the future (…) Additionally, we are pleased to welcome James to the Board of Directors of the Company. His extended network and expertise in the financial and energy sector should help us reach milestones faster and he will be a formidable addition to our team. (…)' commented Herb Duerr, St-Georges' President & CEO.
About James C. Passin
James Passin is an entrepreneur and investor with 20 years of experience as a hedge fund and private equity fund manager. James has a deep experience in financing and developing venture-stage companies, having directed and managed a $1 billion+ portfolio during his former role as a fund manager at Firebird Management LLC-affiliated entities FGS Advisors LLC and FG2 Advisors LLC. Mr. Passin has been called a 'daredevil investor' by the New York Times and 'The Indiana Jones of frontier markets' by the Financial Times.
Mr. Passin is the Co-Founder and CEO of BioVaxys Technology Corp. (CSE: BIOV); Chairman of Shiftcarbon, Inc. (CSE: SHFT), Director of Mindset Pharma, Inc. and Co-Founder and Executive Chairman of Aduro Minerals Pty Ltd. Mr. Passin is a graduate of the Listed Company Director program, Singapore Institute of Directors; has a Certificate in Corporate Governance; and is a Chartered Market Technician and Member of The CMT Association.
ON BEHALF OF THE BOARD OF DIRECTORS
‘Herb Duerr'
HERB DUERR
President & CEO
About St-Georges Eco-Mining Corp.
St-Georges develops new technologies to solve some of the most common environmental problems in the mining sector, including maximizing metal recovery and full-circle battery recycling. The Company explores for nickel & PGEs on the Manicouagan and Julie Projects on Quebec's North Shore and has multiple exploration projects in Iceland, including the Thor Gold Project. Headquartered in Montreal, St-Georges' stock is listed on the CSE under the symbol SX and trades on the Frankfurt Stock Exchange under the symbol 85G1 and as SXOOF on the OTCQB Venture Market for early stage and developing U.S. and international companies. Companies are current in their reporting and undergo an annual verification and management certification process. Investors can find Real-Time quotes and market information for the company on www.otcmarkets.com
Visit the Company website at www.stgeorgesecomining.com
For all other inquiries: [email protected]
The Canadian Securities Exchange (CSE) has not reviewed and does not accept responsibility for the adequacy or the accuracy of the contents of this release.
SOURCE: St-Georges Eco-Mining Corp.
Get a daily dose of Paris Guardian news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Paris Guardian.
More InformationWASHINGTON, D.C.: President Donald Trump claimed he was unaware that the term shylock is regarded as antisemitic when he used it in...
PARIS, France: A strike by French air traffic controllers demanding improved working conditions caused significant disruptions during...
OMAHA, Nebraska: With Congress considering cuts totaling around US$1 trillion to Medicaid over the next decade, concerns are rising...
ROME, Italy: Quick thinking by emergency responders helped prevent greater devastation after a gas station explosion in southeastern...
WASHINGTON, D.C.: President Donald Trump is drawing praise from his core supporters after halting key arms shipments to Ukraine, a...
MOSCOW, Russia: This week, Russia became the first country to officially recognize the Taliban as the government of Afghanistan since...
HONG KONG: China has fired back at the European Union in an escalating trade dispute by imposing new restrictions on medical device...
NEW YORK, New York - Monday's trading session saw mixed performances across U.S. and global markets, with several major indices posting...
WASHINGTON, D.C.: The U.S. government has granted GE Aerospace permission to resume jet engine shipments to China's COMAC, a person...
DUBAI, U.A.E.: Saudi Aramco is exploring asset sales as part of a broader push to unlock capital, with gas-fired power plants among...
MILAN, Italy: Italian regulators have flagged four non-EU countries—including Russia—as carrying systemic financial risk for domestic...
NEW YORK CITY, New York: With just weeks to spare before a potential government default, U.S. lawmakers passed a sweeping tax and spending...