Dino's Bar & Grill Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Dino's Bar & Grill

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Goose94 who wrote (24574)	2/14/2017 2:57:15 PM
From: Goose94	Read Replies (1) of 203382

Genesis Metals (GIS-V) Feb 14th 2017 has completed a non-brokered private placement of 4.4 million units of the company at a price of 15 cents per unit for gross proceeds of $660,000. Each unit in the private placement comprises one common share and one-half of one share purchase warrant, with each whole warrant exercisable into one additional common share at a price of 25 cents for a period of two years. All securities issued in connection with the financing will be subject to a four-month hold period expiring on June 15, 2017. The company intends to use the net proceeds from the private placement to advance its 100-per-cent-owned Chevrier gold deposit and for general working capital purposes. The company paid commissions to finders under the placement consisting of total cash commissions of $19,604 and the issuance of a total of 130,695 finder warrants. Each finder warrant entitles the holder to purchase one common share of the company at a price of 25 cents per common share for a period of two years. About Genesis Metals The Company is focused on advancing the Chevrier Gold Project located 35 km southwest of Chibougamau, Quebec. The Project is located along the Fancamp Deformation Zone, 15 km northeast of the high-grade Monster Lake gold discovery. Genesis also owns a 100% interest in the 203 km2 October Gold project located in the southern Swayze greenstone belt in Benton Township, Ontario. This project is located 35 km northwest of IAMGold's Cote Lake deposit and 50km southeast of Goldcorp's Borden gold deposit. ON BEHALF OF THE BOARD "Brian Groves" Brian Groves CEO and Director "Jeff Sundar" Jeff Sundar Executive Vice-President and Director Jeff Sundar Executive Vice-President and Director Suite 1500, 409 Granville Street, Vancouver, BC V6C 1T2 Telephone: 604-646-8356 Fax: 604-484-7155 Email: js@genesismetalscorp.com Website: www.genesismetalscorp.com

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next