St-Georges Refutes Allegations Disseminated on Social Medias

Tickers: XCNQ:SX, PINX:SXOOF
Tags: Mining



Montreal, Quebec / TheNewswire / August 16, 2018 - St-Georges Eco-Mining Corp. (CSE: SX) (OTC: SXOOF) (FSE: 85G1) would like to inform its shareholders that today the Corporation was made aware of false information being disseminated by the principals of Qingdao Tiande Technologies Limited and its affiliates ("Tiande"), one of whom is a director of St-Georges.

The Company has not received this letter directly by any means and cannot verify its source other than its publication on one of Tiande's websites.

The Corporation refutes all allegations of wrongdoing implied by Tiande and reinstates all the affirmations made in the Corporation's press release dated August 12, 2018.

The Corporation and its legal counsel believe that St-Georges, and its subsidiary, ZeU Crypto Networks Inc., have complied will all applicable regulations and are preparing a response to the recent vindictive and damaging actions of Tiande. St-Georges will not litigate via social media but through the proper venues and will vigorously defend its interests.

Lastly, the Corporation wants to point out that its most recent interim financial statements will be filed shortly, and this information will confirm the Corporation's assertions.

ON BEHALF OF THE BOARD OF DIRECTORS

"Vilhjalmur Thor Vilhjalmsson"

VILHJALMUR THOR VILHJALMSSON, PRESIDENT & CEO

About St-Georges

St-Georges is developing new technologies to solve the some of the most common environmental problems in the mining industry.

The Company controls directly or indirectly, through rights of first refusal, all of the active mineral tenures in Iceland. It also explores for nickel on the Julie Nickel Project & for industrial minerals on Quebec's North Shore and for lithium and rare metals in Northern Quebec and in the Abitibi region. Headquartered in Montreal, St-Georges' stock is listed on the CSE under the symbol SX, on the US OTC under the Symbol SXOOF and on the Frankfurt Stock Exchange under the symbol 85G1.

The Canadian Securities Exchange (CSE) has not reviewed and does not accept responsibility for the adequacy or the accuracy of the contents of this release.

Copyright (c) 2018 TheNewswire - All rights reserved.

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