GGC.CN · 2019-03-08 12:00:00

Generic Capital Corporation Announces Filing of Early Warning Report Related to the Acquisition of Common Shares of Generic GOLD Corp.

Mergers & Acquisitions Corporate Actions

GENERIC CAPITAL CORPORATION

365 Bay Street, Suite 400

Toronto, ON M5H 2V1

GENERIC CAPITAL CORPORATION ANNOUNCES FILING OF EARLY WARNING REPORT

RELATED TO THE ACQUISITION OF COMMON SHARES OF GENERIC GOLD CORP.

FOR IMMEDIATE RELEASE

Toronto, Ontario – March 8, 2019 – Generic Capital Corporation (“Generic Capital”) announces that it has

filed an early warning report (the “Report”) announcing that, on March 8, 2019, Generic Capital acquired (the

“Acquisition”) 25,000,000 common shares (“Common Shares”) of Generic Gold Corp. (the “Issuer”) pursuant

to a share purchase agreement (the “Share Purchase Agreement ”) dated March 8, 2019 between Generic

Capital and Nevada Zinc Corporation (“Nevada Zinc”).

Prior to the Acquisition, Generic Capital owned 1,646,033 Common Shares, 1,515,893 common share purchase

warrants and 197,560 broker warrants to acquire units, representing approximately 4.33% of the issued and

outstanding Common Shares on a non- diluted basis and approximately 8.92% of the issued and outstanding

Common Shares on a partially diluted basis . Following the Acquisition, Generic Capital owns 26,646,033

Common Shares, representing approximately 70.2% of the issued and outstanding Common Shar es on a non-

diluted basis and approximately 71.64% of the issued and outstanding Common Shares on a partially diluted

basis.

Generic Capital has acquired the Common Shares for investment purposes and Generic Capital may, depending

on market and other con ditions, increase or decrease its beneficial ownership, control or direction over the

Common S hares or other securities of Issuer, through market transactions, private agreements, treasury

issuances, exercise of convertible securities or otherwise.

This press release is being issued pursuant to National Instrument 62 -103 – The Early Warning System and

Related Take-Over Bids and Insider Reporting Issues in connection with the filing of the Report by Generic

Capital.

For further details relating to the Acquisition, please see the Report, a copy of which is available on the Issuer’s

profile on SEDAR at www.sedar.com.

For more information, please contact:

Albert Contardi, President

Generic Capital Corporation

Tel: (416) 361-2832