Genius Properties announces that it intends to consolidate its current issued and outstanding share capital on a 5 old for 1 new basis on or about February 1, 2017. At an annual and special meeting of the shareholders of the Corporation held on July 11, 2016, shareholders of the Corporation approved a consolidation of the outstanding common shares on the basis of one post-Consolidation common share for up to 5 outstanding [...]
Genius Properties is pleased to announce that the drilling program at the Blockhouse Gold Property has begun. As per the December 15, 2016 press release, the company is drilling 2 high priority targets to test for the presence of 'leg-reef' and 'saddle' type veins on the property. The program will also be targeting the continuity of the ''Prest Shoot" that historically produced an average of 49.6 grams of gold per ton [...]
Genius Properties is pleased to announces that it has completed its due diligence with respect to its proposed option to acquire all of Mt. Cameron Minerals Inc.'s interest in the Mt. Cameron Graphite Deposit, which was previously announced in the Corporation's news release dated October 18, 2016. The Company intends to proceed in settling the terms of the acquisition with Mt. Cameron in a formal option agreement (the [...]
Genius Properties is pleased to announce, further to its news release dated December 9, 2016, that it has completed, subject to regulatory and CSE final approval, the private placement of flow-though shares of the Corporation at a price of $0.05 for gross proceeds of $317,900, of which $190,000 was completed as a brokered offering with Leede Jones Gable Inc. as the lead agent and sole bookrunner (the "Agent").
Genius Properties is pleased to announce the completion of the 2016 IP survey at the Blockhouse Gold Property. Results have confirmed 2 high priority targets for next month's drilling program to test for the presence of 'leg-reef' and 'saddle' type veins on the property. Current exploration at Blockhouse is being partially funded by the Province of Nova Scotia through a 50/50 shared funding grant under the Nova Scotia [...]
Genius Properties is pleased to announce that the due diligence period for Mt. Cameron acquisition has been extended to December 31st 2016. The Property is conveniently located 25 kilometers west of Sydney, Nova Scotia and is comprised of 7 licenses. In regards to infrastructure, the property is easily accessible by paved roads and is in close proximity of an electric utility. With the potential construction of NOVAPORT [...]
Genius Properties announce that it has signed an amended engagement letter with Leede Jones Gable, to modify the price of the flow through shares issued under its Offering, announced on November 14, 2016, to $0.05 per flow-through share. All the other terms remain unchanged. Genius is also pleased to announce that it has closed a first tranche of 1,240,000 units for gross proceeds of $62,000 (the "First Tranche") of a [...]
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