The latest agreement calls for a collaboration for the sustainable development of the Montviel Rare Earths/Niobium project based on principles of social responsibility, environmental protection and local economic benefits.

The Partnership provides for the formation of a Montviel Development Committee that will consolidate efforts towards mutual interest such as communication, local employment and the economic diversification.

GeoMegA president and CEO Simon Britt said, "This Partnership agreement gives concrete form to our growing relationship since Montviel’s potential was revealed in February 2011."

GeoMegA owns 100% of the Montviel Rare Earths/Niobium project located in Quebec. The company focuses on the discovery and sustainable development of economic deposits of metals, such as Rare Earth Elements, Niobium and Graphite, in Quebec.