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St-Georges Subsidiary Secures $7.5M Investment

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St-Georges Platinum and Base Metals (TSE:SX) has released an update.

St-Georges Eco-Mining Corp. announces that its subsidiary, H2SX Corp., has attracted a $7.5 million investment from a private Canadian company for a majority stake. This deal frees St-Georges from future funding responsibilities for H2SX, allowing them to focus on their core activities while retaining significant interest in H2SX’s growth and hydrogen production technology.

For further insights into TSE:SX stock, check out TipRanks’ Stock Analysis page.

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