Hello,

as some of you may know my reason to invest in SX was not its blockchain technology but its other assets like the nickel projects (e.g. the Julie) and its efforts to develop eco-mining processing solutions in cooperation with its JV Partner Strategic Metallurgy Pty Lt. (www.strategicmet.com). Gary Johnson and its team (Mark Urbani, Nick Vines..) have a proven track record and this are capable people who have a lot of experience with different commodities (K-Max, L-Max...) "Strategic Metallurgy Leading Consultants in Nickel Sulfide Metallurgy". Also Enrico Di Cesare has a lot of experience and in my opinion these technologies could be the real gamechanger for SX over the coming years. Rome wasn't built in a day and trial and error is part of this process...

1) There is only limited information available when it comes to these R&D initiatives and I'd appreciate if you could provide more information. As mentioned by Frank in the 1st Q&A session they made a breakthrough with Enrico Di Cesare and Gary Jonson on some of these initiatives (in 2017) ...

1.1) What is the state of play & what are the priorities in this regards right now?

1.2) Other than Enrico Di Cesare (Vice President R&D) who is part of the R&D Operation SX team?

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2) According to a french article, which was released on 20th of September 2017, Frank made some statements at last years AGM with regards to the Julie (nickel-copper-cobal) project. e.g. "The nine-month game plan includes investments of $ 600,000. Surface geophysics will be done this fall. They will be followed by major geophysics carried out in parallel with the actual drilling campaign, possibly as early as the spring of 2018." As far as I know there were no acitivities last year...

https://twitter.com/phobieeee_/status/972225850799247360

2.1) Could you please clarify if it is still St-Georges intention to get in the field as early as spring of 2018?

2.2) In my opinion it would be necessary to raise capital to perform this next stage of exploration/ the actual drilling campaigne. Are you in contact with interested parties yet?

3) The aquisition of Iceland Resources was a major milestone for SX and as far as I know "Thor (Þormóðsdalur) is your flagship project. However, Iceland Resources has an obligation to complete an additional 3,000 meters of drilling and publish a NI 43-101 compliant resource in order to complete the earn-in agreement and to crystalize its initial equity position of 41% of the joint-venture on Thormodsdalur. Vilhjalmur Thor‏ replied to one of my tweets: "we do give the government our work program before 1st April each year. So that will be announced once approved I assume."

3.1) In an article from May 2017 https://grapevine.is/mag/articles/2017/03/24/icelands-new-gold-rush/ difficulties were described and I'd like to know if the permit for exploratory drilling has been granted in the meantime?

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One complementary question ...

4) SX has a lot of intersting projects etc. but unfortunately the access to most information on the SX website is restricted and also the corporate presentation has been deleted until the ZeU transaction is cut and dried. "New Corporate Presentation will be available in the days following the closing of the proposed assets acquisition in St-Georges’ subsidiary ZeU Crypto Networks inc. Stay Tune."

4.1) Could you please give an explanation why it was necessary to take the old presentation down?

Thanks in advance!

Regards phobieeee