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/C O R R E C T I O N from Source -- Genius Metals Inc./
/C O R R E C T I O N from Source -- Genius Metals Inc./ Canada NewsWire In the ...
About this update from Morocco Strategic Minerals Corporation
[{"type":"text","content":"\n \n \n \n /C O R R E C T I O N from Source -- Genius Metals Inc./\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n In the news release, Genius Metals Inc. Announces Private Placement Offering of Common Share Units, Option Plan Amendment and Grant of Options, issued\n \n 07-Aug-2023\n \n by Genius Metals Inc. over CNW, we are advised by the company that in the last paragraph of the Option Plan Amendment and Grant of Options should read \"until\n \n July 27, 2028\n \n \". The complete, corrected release follows:\n \n \n Genius Metals Inc. Announces Private Placement Offering of Common Share Units, Option Plan Amendment and Grant of Options\n \n \n \n \n \n /NOT FOR DISSEMINATION IN\n \n THE UNITED STATES\n \n OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES/\n \n \n \n \n \n MONTRÉAL\n \n ,\n \n \n Aug. 7, 2023\n \n \n /CNW/ - Genius Metals Inc. (TSXV: GENI) (\"Genius Metals\" or the \"Corporation\") is pleased to announce its intention to complete a non-brokered private placement offering (the \"Offering\") of up to 8,000,000 units of the Corporation (the \"Units\") at a price of\n \n $0.05\n \n per Unit for aggregate gross proceeds of up to\n \n $400,000\n \n . Each Unit will be comprised of one common share (a \"Common Share\") and one Common Share purchase warrant (a \"Warrant\") in the capital of the Corporation. Each Warrant will entitle the holder thereof to purchase one Common Share at an exercise price of\n \n $0.10\n \n per share for a period of 24 months from the closing date of the Offering (the \"Closing Date\").\n \n \n \n \n \n \n \n \n \n The net proceeds will be used by the Corporation to incur exploration expenses and for general working capital purposes.\n \n \n All securities issued in connection with the Offering will be subject to a four-month-and-one-day statutory hold period in accordance with applicable securities laws.\n \n \n The Offering is subject to TSX Venture Exchange (the \"TSXV\") final approval.\n \n \n The securities offered have not been, and will not be, regi...