CSE:GENI NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES Genius Metals Inc. is pleased to announce that it has obtained conditional approval to list its Common Shares on the TSX Venture Exchange . Genius has also completed a second tranche of a non-brokered private placement offering for gross proceeds of $500K bringing the total proceeds of this offering to $2.9M . These …
/NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES/
Genius Metals Inc. (CSE: GENI) (“Genius Metals” or the “Corporation”) is pleased to announce that it has obtained conditional approval to list its Common Shares on the TSX Venture Exchange (“TSXV”). Genius has also completed a second tranche of a non-brokered private placement offering (the “Private Placement”) for gross proceeds of $500K bringing the total proceeds of this offering to $2.9M . These funds will be used to advance the exploration programme on the Sakami property.
The Corporation is confident that by listing on the TSXV it can attract further institutional investing, notably in Quebec since many institutions require a TSX listing to participate in financing activities.
Final approval of the listing on the TSXV is subject to the Corporation meeting certain customary conditions required by the TSXV. The Corporation will make a further announcement once the TSXV has issued a bulletin confirming the date on which trading on the TSXV will commence....
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