:: GéoMégA Subsidiary Innord Achieves 99.5%+ Magnet Grade Purity Neodymium

Geomega Resources Inc. is pleased to announce that Innord Inc., a private subsidiary controlled by GéoMégA, has successfully produced 99.5%+ purity neodymium oxide (Nd2O3) from industrial residues. The achieved purity is considered magnet grade and has now been submitted for validation to the magnet industry end user who initially provided the industrial residue. In addition, the Corporation would like to announce the nomination of Jean Demers, P.Geo to the board the of directors of GéoMégA. Mr. Demers has been a director of Innord Inc. since November 30, 2016.

Innord’s proprietary Separation of Rare Earth Elements method (the “ISR Method”) has been in development now for 5 years. It was originally based on electrophoretic migration of ions, the Free Flow Electrophoresis (FFE) method, that was successfully demonstrated in 2014 and later scaled up in 2016.