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EVSX Secures $360,000 Financing for Plant Enhancements

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An update from St-Georges Platinum and Base Metals ( (TSE:SX) ) is now available.

EVSX Corp, a wholly-owned subsidiary of St-Georges Eco-Mining Corp., has successfully closed a non-brokered private placement financing through a Convertible Debenture, raising $360,000. The funds will be used for efficiency improvements at the Thorold plant and general working capital. This move is expected to enhance EVSX’s battery processing capabilities and strengthen its position in the battery recycling industry, particularly in the North American automotive sector.

More about St-Georges Platinum and Base Metals

St-Georges Eco-Mining Corp. is a company that develops new technologies and holds a diversified portfolio of assets and patent-pending intellectual property across various subsidiaries. These include EVSX, a leading North American advanced battery processing and recycling initiative, and St Georges Metallurgy, which focuses on metallurgical R&D and lithium processing. The company also has interests in Iceland Resources, H2SX for methane conversion technology, and several exploration projects in Quebec.

YTD Price Performance: 25.00%

Average Trading Volume: 385,723

Technical Sentiment Signal: Hold

Current Market Cap: C$22.96M

Find detailed analytics on SX stock on TipRanks’ Stock Analysis page.

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