Genius Metals Inc. announces a non-brokered private placement offering for gross proceeds of $1.5 M. The Company intends to focus on developing of the Sakami property with the proceeds raised as part of this private placement. In regard to the Private Placement, the Corporation will issue: Common share units at a price of $0.20 per Common Share Unit, with each such unit being comprised of one common share and one common [...]
Genius Metals Inc. is pleased to report the voting results of its 2021 annual meeting of shareholders held virtually on February 3, 2021. A total of 10,781,529 Common Shares or 37.96 % of the issued and outstanding Common Shares of the corporation were represented in person or by proxy at the meeting. The nominees listed in the management information circular, John G. Booth, René Branchaud, Guy Goulet, David A. Shaw and [...]
Genius Metals Inc. completed a first tranche of a non-brokered private placement offering for gross proceeds of $830K. The Corporation intends to focus on pursuing the development of the Sakami property with the proceeds raised as part of this private placement. The Corporation intends to close a $1M second tranche of financing by the end of February 2021. Winter Exploration Campaign at Sakami Genius Metals has launched [...]
Genius Metals Inc. is pleased to provide the following updates. Discovery of a New type of Gold Mineralization at the Sakami property, James Bay Territory The Corporation is pleased to announce the discovery of a new gold zone on its Sakami property, located during the second phase of the summer exploration campaign. This zone of gold mineralization, named the Trans-Taiga showing, is in the basement rocks of the Langelier [...]
Genius Metals Inc. is pleased to present an update on the second phase of the 2020 exploration program completed in September-October on its Sakami property located in the James Bay Territory, Quebec. The principal objective of the work program was to conduct detailed geological mapping on the Lamarche and Golden Eye Gold prospects, both discovered during the first phase of work on the property. Channel sampling, achieved [...]
Genius Metals Inc. is pleased to announce the results of the first phase of its 2020 exploration program on its Sakami property located in the James Bay Territory, Quebec. Field work conducted during the month of August identified two important prospective zones: The Lamarche Sector, a 500 x 350 m shear zone/deformation corridor was uncovered at the core of the property. The shear contains rusted high-strained altered [...]
Genius Metals is pleased to provide the following update. Board of Directors and Advisory Board The Corporation is pleased to announce the appointment of David Shaw to its Board of Directors and and the appointment of Anthony D. Frizelle to its Advisory Board. David A. Shaw Mr. Shaw brings in excess of four decades of experience in the technical and financial sectors of the mining and oil and gas resource industries. He [...]
Genius Metals Inc. announced the closing of a non-brokered private placement offering for a gross proceeds of $1,000,000 and issued 5,555,555 common share units of the Company at a price of at a price of $0.18 per Unit. Each Unit will consist of one common share of the Company and one common share purchase warrant . Each Warrant will entitle the holder to purchase one additional Share at a price of $0.30 per share for a [...]
Genius Metals Inc. is pleased to announce the acquisition and addition of 202 new claims to its Sakami property located in the James Bay area prior to its summer 2020 exploration campaign. The Company is also pleased to announce that it has entered into an agreement with Laurentia Exploration to become Genius' geological consultant for the development of the Sakami Property. With several Laurentia geologists involved in [...]
Genius Metals Inc. wishes to provide an update on the proposed drilling campaign at Sakami, on its drilling campaign at Iserhoff, and the exploration work at A-Lake. Sakami Drilling Campaign, James Bay Area The company will conduct a 1,000m minimum drilling campaign on its Sakami property. The drilling will target the most gold prospective sites defined by recently completed ground-based and helicopter-borne geophysics [...]
Genius Metals Inc. completed the second tranche of a non-brokered private placement offering for gross proceeds of $215,000. Under the first and second tranches of the Offering, Genius Metals raised aggregate gross proceeds of $775,500. Under the second tranche of the Offering, Genius Metals issued and sold: 860,000 Flow-Through Share Units at a price of $0.25 per Flow-Through Unit, with each such unit being comprised of [...]
Genius Metals is pleased to announce that it has entered into a option agreement dated December 4, 2019 with MegumaGold Corp., whereby MGC may earn a 70% interest in the Meaghers Property, located in South-Central Nova Scotia within the Halifax County, 39 km NE from the Halifax-Dartmouth conglomeration. Under the terms of the agreement the MegumaGold may earn up to a 70% interest in 6 Genius mineral exploration licences [...]
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