Genius Metals Inc. Completes a Second Tranche of a Non-Brokered Private Placement and Signs a Marketing Agreement
GENIUS METALS INC. COMPLETES A SECOND TRANCHE OF A
NON-BROKERED PRIVATE PLACEMENT AND SIGNS A
MARKETING AGREEMENT
NOT FOR DISSEMINATION IN THE UNITED NOT FOR DISSEMINATION IN THE
UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES
MONTRÉAL, QUÉBEC, CANADA – January 24, 2025 – Genius Metals Inc. (TSXV: GENI)
(the “ Corporation”) completed a second tranche of its non-brokered private placement
offering (the “Private Placement”) and issued 3,087,500 units of the Corporation (“Units”)
for additional gross proceeds of $247,000.
In total, the Corporation has raised gross proceeds of $947,000 and issued 11,837,500
Units under the Private Placement.
Each Unit consists in one common share of the Corporation (a “Common Share”) and one
half of one Common Share purchase warrant (a “Warrant”). Each whole Warrant entitles
its holder to purchase one Common Share at an exercise price of $0.12 per Common
Share for a period of 24 months.
All securities issued in connection with the Offering are subject to a statutory hold period
ending four -month and one day from the date of their issuance, in accordance with
applicable securities laws. The Offering remains subject to final approval from the TSX
Venture Exchange (“TSX.V”).
The Corporation intends to allocate the net proceeds from the Offering towards the
development of the Corporation’s portfolio in Québec and Morocco, encompassing
potential growth opportunities, as well as for general working capital purposes.
The securities described herein have not been, and will not be, registered under the United
States Securities Act of 1933, as amended, (the “U.S. Securities Act”) or any state
securities laws, and accordingly, may not be offered or sold within the United S tates
except in compliance with the registration requirements of the U.S. Securities Act and
applicable state securities requirements or pursuant to exemptions therefrom. This press
release does not constitute an offer to sell or a solicitation to buy any securities in any
jurisdiction.
Digital Marketing Services Agreement
Additionally, Genius Metals Inc. is pleased to announce that it has entered into a Digital
Marketing Services Agreement (the "Agreement") with Senergy Communications Capital
Inc. ("Senergy"). Under the Agreement, Senergy will provide a comprehensive suite of
services, including digital advertising, media program management, social media
marketing, and shareholder communications. The Agreement covers a four -month term,
from January 1 to April 30, 2025, with Genius Metals agreeing to a payment of C$40,000
plus GST for these services.
Contact Information – Senergy Communications Capital Inc.
CEO: Aleem Fidai
Address: 1122 Mainland Street, Suite 228, Vancouver, BC V6B-5L1
Email: [email protected]
Phone: (778) 772-6740
Website: www.senergy.capital
About the Company
Genius Metals is a Canadian mineral exploration company focused on the acquisition,
exploration and, if warranted, development of natural resource properties of merit in
Morocco and in Canada.
Contact Information
Pierre-Olivier Goulet
Vice-President Corporate Development
Email: [email protected]
1-450-821-5270
Guy Goulet
President and CEO
Email: [email protected]
1-514-294-7000
Forward-Looking Statements and Disclaimer
Certain information contained herein may constitute “forward-looking information” under
Canadian securities legislation. Generally, forward -looking information can be identified
using forward -looking terminology such as, “will be”, “expected” or variations of such
words and phrases or statements that certain actions, events or results “will” occur.
Forward-looking statements are based on the Corporation’s estimates and are subject to
known and unknown risks, uncertainties and other factors that may cause th e actual
results, level of activity, performance or achievements of the Corporation to be materially
different from those expressed or implied by such forward-looking statements or forward-
looking information. There can be no assurance that such statements will prove to be
accurate, as actual results and future events could differ materially from those
anticipated in such statements. Accordingly, readers should not place undue reliance on
forward-looking statements and forward -looking information. The Corpo ration will not
update any forward -looking statements or forward -looking information that are
incorporated by reference herein, except as required by applicable securities laws.
Neither the TSXV nor its Regulation Services Provider (as that term is defined in policies of
the TSXV) accepts responsibility for the adequacy or accuracy of this news release.