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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
Post by Mouloukon Nov 19, 2019 3:40pm
141 Views
Post# 30370923

Government appetite to finance juniors

Government appetite to finance juniorsI wonder if the financing from the Quebec government might not be a bit more difficult now that the government needs to deal with huge losses with NMX and Stornoway. I am not sure how the announcement will/would be made but the government might decide to be discreet in light of the not so succesful investments made in the recent past.

Moulouk
Bullboard Posts