Business
Genius Metals Secures Conditional Approval to List on the TSX Venture Exchange, Adds $500K to Previous Financing and Grants Stock Options to its Directors, Officers, Employees and Consultants
Genius Metals Secures Conditional Approval to List on the TSX Venture Exchange, Adds $500...
About this update from Morocco Strategic Minerals Corporation
[{"type":"text","content":"\n \n \n \n Genius Metals Secures Conditional Approval to List on the TSX Venture Exchange, Adds $500K to Previous Financing and Grants Stock Options to its Directors, Officers, Employees and Consultants\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.prntar{\nTEXT-ALIGN: RIGHT\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n CSE:GENI\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 MONTRÉAL,\n \n Sept. 17, 2021\n \n /CNW Telbec/ - Genius Metals Inc. (CSE: GENI) (\"Genius Metals\" or the \"Corporation\") is pleased to announce that it has obtained conditional approval to list its Common Shares on the TSX Venture Exchange (\"TSXV\"). Genius has also completed a second tranche of a non-brokered private placement offering (the \"Private Placement\") for gross proceeds of\n \n $500K\n \n , bringing the total proceeds of this offering to\n \n $2.9M\n \n . These funds will be used to advance the exploration programme on the Sakami property.\n \n \n \n \n \n \n \n \n \n \n Listing on TSX Venture Exchange\n \n \n \n The Corporation is confident that by listing on the TSXV it can attract further institutional investing, notably in\n \n Quebec\n \n since many institutions require a TSX listing to participate in financing activities.\n \n \n Final approval of the listing on the TSXV is subject to the Corporation meeting certain customary conditions required by the TSXV. The Corporation will make a further announcement once the TSXV has issued a bulletin confirming the date on which trading on the TSXV will commence. The Corporation will also apply to have its Common Shares voluntarily delisted from the Canadian Securities Exchange (\"\n \n CSE\n \n \") immediately before trading begins on the TSXV. Once listed on the TSXV, the Corporation will continue to trade under its existing symbol \"GENI\". Shareholders are not required to take any action related to the listing.\n \n \n \n Closing of a Second Tranche of Financing\n \n \n \n Under the Private Plac...