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Bullboard - Stock Discussion Forum 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... see more

TSXV:GMA - Post Discussion

Geomega Resources Inc > News from GMA (french)
View:
Post by Mike66 on May 10, 2022 10:51am

News from GMA (french)

Geomega reoit 1,235 M $ de l'exercice de bons de souscription et d'autres instruments
  • Position financiere son meilleur pour generer des investissements records dans les applications de R&D commerciales
  • Plus de 5,1 M $ en tresorerie et equivalents de tresorerie
  • Facilite d'emprunt de 3 M $ sans intret entierement disponible aupres d'IQ pour l'usine de demonstration de recyclage des ETR
  • Plus de 4,2 M $ en engagements de financements non dilutifs pour la R&D de la part des gouvernements et des partenaires de l'industrie
Comment by outonthetiles on May 10, 2022 11:04am
“Geomega is in the strongest financial position it has ever been. The most recent private placement funding with cornerstone investor Mr. Michael Gentile, CFA (see press release from May 4, 2022) along with the aforementioned security exercises and other committed funding, will allow the Corporation to accelerate and fully fund it’s key commercial focused projects such as the magnet recycling ...more  
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