GeoMegA Resources secures $1.35 million non-dilutive loan from private lender

• GeoMegA Resources entered a secured loan agreement for a principal amount of $1.35 million with an arm’s length private lender.
• Proceeds to fund Saint-Hubert expansion, including new lab and office space, the demonstration plant, broader R&D commercialization work.
• Two-year term. Interest rate 10.5% per annum. Interest payable monthly. Maturity set for Sept. 14, 2028.
• Security includes certain movable assets of GeoMegA and subsidiary Innord, including refundable R&D tax credits.
• 2% administrative fee of $27,000 deducted at closing. Net proceeds were $1.323 million. Prepayable without penalty after six months.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. GeoMegA Resources Inc. published the original content used to generate this news brief via Newsfile (Ref. ID: 202609160730NEWSFILECNPR____20260916_314512_1) on September 16, 2026, and is solely responsible for the information contained therein.