Reimbursement of Tax Credits Related to Exploration by Revenu Quebec of $2,095,034

Reimbursement of Tax Credits Related to Exploration by Revenu Quebec of $2,095,034

Montreal, Quebec CANADA, July 10, 2013 /FSC/ - GeoMegA Resources Inc.  (GMA - TSX Venture),("GeoMegA" or the "Company") confirms the reception of the reimbursement of tax credits related to exploration by Revenu Quebec of $2,095,034 and announces the resignation of Mr. Jean-Charles Potvin as a director of the Company.

Reimbursement of tax credits

The reception of those credits will be used for the reimbursement of the bridge loans with SIDEX, Limited Partnership, guarantee by this reimbursement for a total amount of $1,461,000. The remaining will be used for the continuity of the operations on the Montviel property.

Resignation of Mr. Jean-Charles Potvin

The Company accept with regret the resignation of Mr. Jean-Charles Potvin as a director of the Company for personal reasons and would like to take this opportunity to thank Mr. Potvin for his contributions to the board of directors during the last few years.

GeoMegA currently has 34,990,113 common shares issued and outstanding.

About GeoMegA (ressourcesgeomega.ca)

GeoMegA, which owns 100% of the Montviel Rare Earths/Niobium project located in Quebec, is a mineral exploration and development company focused on the discovery and sustainable development of economic deposits of minor metals, such as Rare Earth Elements, Niobium and Graphite, in Quebec. GeoMegA is committed to meeting Canadian mining industry standards and distinguishing itself with its innovative engineering, stakeholders engagement and its dedication to local transformation benefits.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

For further information please contact:

Simon Britt
President and CEO
GeoMegA
450-465-0099
info@ressourcesgeomega.ca

To view the press release as a PDF file, please click on the following link:
http://www.usetdas.com/pr/geomegaENG07102013.pdf


Source: GeoMegA Resources Inc. (TSX:V - GMA) http://www.ressourcesgeomega.ca/
Maximum News Dissemination by FSCwire. http://www.fscwire.com