Silicon Investor (SI) -- The First Internet Community

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 -- Ignore unavailable to you. Want to Upgrade?

To: Goose94 who wrote (16632)	3/22/2016 5:21:24 PM
From: Goose94	Read Replies (2) \| Respond to of 203026

Genesis Metals (GIS-V) March 21, '16 s pleased to announce that further to its news release of March 1st 2016, it has increased and closed its non-brokered private placement. The Company issued 10,050,000 units at $0.10 per unit. Each unit in the private placement is comprised of 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 $0.20 for a period of two years. The Company also issued 6,500,000 flow-through shares issued at a price of $0.10 per share. All securities issued in connection with the financing will be subject to a four-month hold period expiring on July 21st, 2016. The company intends to use the net proceeds from the private placement to advance its 100% owned Chevrier Gold deposit, expenses associated with its recent plan of arrangement and for general working capital purposes. The company paid commissions to finders under the placement consisting of total cash commissions of $65,040 and the issuance of a total of 650,400 finder warrants. Each finder warrant entitles the holder to purchase one common share of the company at a price of .20 cents per common share for a period of two years. ON BEHALF OF THE BOARD OF DIRECTORS "Jeff Sundar" Jeff Sundar Executive Vice President and Director Suite 1500, 409 Granville Street, Vancouver, BC V6C 1T2 Telephone: 604-484-7855 Fax: 604-484-7155 Email: js@genesismetalscorp.com Website: www.genesismetalscorp.com