St-Georges Platinum and Base Metals Ltd. - Early Warning Report

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08/06/2014 [ACCESSWIRE]

This press release is issued pursuant to Multilateral Instrument 62-104 - Take-Over Bids and Issuer Bids and National Instrument 62-103 - The Early Warning System and Related Take-Over Bid and Insider Reporting Issues.

MONTREAL, QUEBEC / ACCESSWIRE / August 6, 2014. On August 5, 2014, Frank Dumas of Montreal, Quebec, has acquired direct and indirect ownership of common shares in the aggregate principal amount of 1,795,871 of St-Georges Platinum and Base Metals Ltd. (CSE: SX) (OTCQX: SXOOF) (FSE: 85G1) through conversion of debenture issued in July 2013. The current amount of common shares owned by Mr. Dumas in relation with this recent acquisition is of 5,491,202 common shares of St-Georges Platinum or approximately 18,1% of the Issuer's issued and outstanding common shares.

Prior to such acquisition, Mr. Dumas held, directly or indirectly or had control over, 3,695,331 common shares, 38,461 warrants, 115,385 options and $178,000 worth of Convertible Debenture with a minimum conversion price of $0.10 into common shares of the Issuer.

Following the acquisition, Mr. Dumas holds, directly or indirectly or has control over 5,491,202 common shares in the capital of the Issuer representing approximately 18,1% of the Issuer's issued and outstanding common shares, and warrants and options entitling the purchase of an aggregate additional 153,846 common shares; or, assuming exercise of the warrants and options a total of 5,645,048 common shares or approximately 18.6% of the Issuer's issued and outstanding common shares on a post-conversion beneficial ownership basis.

The shares were acquired through the conversion of securities for debt debenture by Mr. Dumas. These holdings will be evaluated and the investments increased or decreased as circumstances warrant.

A report respecting this acquisition will be electronically filed with the Securities Commission in each jurisdiction where the Issuer is reporting and will be available for viewing through the Internet at the Canadian System for Electronic Document Analysis and Retrieval (SEDAR) at

Frank Dumas


999 De Maisonneuve West, Suite 725

Montreal, Quebec H3A 3L4


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