St-Georges Eco-Mining Corp. would like to disclose that it has received confirmation of delivery of the second automated industrial battery processing circuits at its EVSX plant in Thorold, ON. Each circuit is capable of processing 7,920 tons of batteries per year.

This circuit will add capacity to the circuits already delivered, allowing the Company to process 20,000 tons of spent batteries annually. This includes a 4,800-ton capacity for alkaline battery processing that will be relocated to a new and definitive site within the Thorold Intermodal facilities in order to meet new environmental and logistics requirements. Over the last three weeks, 25 truck shipments of industrial equipment were moved to the Thorold plant, including 24 maritime containers.

The shipments were unloaded and unpacked by the employees of the BMI Group acting on behalf of the Company. The circuits have undergone independent testing at the manufacturer's plant prior to shipping. New electrical and safety panels are being commissioned to meet site-specific regulatory and safety requests.

The Company is planning the first visits of industry stakeholders, battery manufacturers, buyers, and other potential partners scheduled to start later this summer. In light of the significant interest received from various groups with different business models, each compatible with faster capacity growth, the Company has asked the manufacturer to temporarily hold shipment of the third manufactured circuit while it reviews potential partnerships or licensing agreements. This will allow more flexibility and enable the final delivery to be directed to a move-in-ready site with potential partners or licenses.

This move will also mitigate issues expected to arise from labor negotiations and disruptions during transport via Canadian ports. EVSX efforts are now focused on the new lines and the moving, environmental permitting, and testing of the augmented capacity alkaline circuit. Using battery feedstock quantities below the threshold of industrial production operations, EVSX will test and adjust the circuits of the alkaline line.

Training and operational safety manuals have been commissioned and should be completed for audit in third quarter. The Company intends to have payroll and human resources outsourced to specialized third parties; the related contracts should be in place before the start of the larger operations. As part of its ongoing analysis of its business model, EVSX is also reviewing proposals for partnerships to establish circuits in new markets based on the design and continuous improvements originating from the Thorold facility.

Remote production control with sensor and management dashboard software would allow the Company to provide expertise, remote problem solving, and engineering and metallurgy centralization. The partners would be able to monetize the initial metals separated while establishing profit-sharing agreements with the Company for the minerals concentrate processing operations. This configuration would enable faster growth of the overall operations and is now the model being suggested for all additional plants in the short term.