St-Georges Platinum and Base Metals Ltd.
CNSX : SX
BERLIN : 85G

July 12, 2011 17:12 ET

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

MONTREAL, QUEBEC--(Marketwire - July 12, 2011) - St-Georges Platinum and Base Metals Ltd. (CNSX:SX)(BERLIN:85G) announce in accordance with regulatory requirements, that Frank Dumas, President, CEO and Director of St-Georges, has recently acquired, directly or indirectly, 10,000 common shares of St-Georges.

Prior to such acquisition, Mr. Dumas held, directly or indirectly or had control over, 10,790,500 common shares, 250,000 warrants and 750,000 options of St-Georges, each warrant and each option entitling the holder to acquire one common share.

Mr. Dumas currently holds or exercises control or direction over an aggregate of 10,800,500 common shares of St-Georges which represent an interest of 10.64% of St-Georges`s issued and outstanding capital at the date hereof on a non-diluted basis. Assuming the exercise of all warrants and options held by him or over which he has control or direction, Mr. Dumas will hold or exercise control or direction over an aggregate of 11,800,500 common shares of St-Georges, which represent an interest of 11.62% of St-Georges`s issued and outstanding capital at the date hereof on a partially diluted basis.

The securities acquired by Mr. Dumas referred to above are held for investment purposes only. These investments will be reviewed on a continuing basis and holdings may be increased or decreased in the future.

About St-Georges

St-Georges is a junior Platinum, Palladium, Rhodium, Copper, Cobalt and Nickel explorer with projects in the Province of Quebec, Canada. Headquartered in Montreal, the Corporation's stock is listed on the CNSX under the symbol SX and on the Berlin Stock Exchange under the symbol 85G. It owns a 50% interest in the core portion of the Villebon property in Abitibi and 100% interest in the extensions of the property to the north and southeast (Yacoub-Cooper Lake properties), a 100% interest in eight North Shore properties that constitute the Manicouagan constellation and a 100% interest in the Isoukustouc group of properties on Quebec's North-Shore near the deep-seaport town of Baie-Comeau. For additional information, please visit our website at www.stgeorgesplatinum.com.

The Canadian National Stock Exchange (CNSX) has not reviewed and does not accept responsibility for the adequacy or the accuracy of the contents of this release.

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