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Geomega Resources Inc V.GMA

Alternate Symbol(s):  GOMRF

Geomega Resources Inc. is a mineral exploration and evaluation company focused on the discovery and sustainable development of economic deposits of metals in Quebec. The Company is a developer of clean technologies for the mining, refining, and recycling of rare earths and other critical materials. Through its wholly owned subsidiary Innord Inc. (Innord), the Company is developing innovative technologies for extraction and separation of rare earth elements and other critical and strategic metals from its mining properties and other mining and industrial waste in an environmentally sustainable way. With a focus on renewable energies, vehicle electrification, automation and reduction in energy usage, rare earth magnets or neo-magnets (NdFeB) are at the center of all these technologies. The two most advanced projects for the Company are the rare earth magnet recycling and bauxite residue processing and vaporization. It also owns the Montviel rare earth carbonatite deposit.


TSXV:GMA - Post by User

Bullboard Posts
Comment by BombVarkon Jul 30, 2015 11:17am
119 Views
Post# 23975888

RE:RE:RE:RE:What's happening here........

RE:RE:RE:RE:What's happening here........I have to admit I misreadBritt's employee contract information. I thought it was for a period of two years dating from July, 2013 and any termination during the ensuing two years, which have ended, would have required a severance payment, that doesn't look like the case.

Just reading the short bio on Mr. Lindsay on the Geomega page, it appears that he may be better suited to raise the necessary funding for further progress. If this is the case, surely Geomega should have offered a better NR regarding Britt's departure. I understand their unwillingness to be more explicit regarding their secretive separation process but replacing Britt clearly demands more information and transparency.
Bullboard Posts