Genius Metals is pleased to announce that it has completed today the closing of the non-brokered private placement previously announces, for total gross proceeds of $556,500 . Under the Private Placement, the Corporation issued 11,130,000 units, at a price of $0.05 per Unit, each consisting of one common share and one share purchase warrant in the capital of the Corporation. Each Warrant will entitle the holder thereof to [...]
Genius Metals provides an update on the private placement announced in the press release dated August 7, 2023. The Company announced its intention to complete a non-brokered private placement offering of up to 8,000,000 units of the Corporation at a price of $0.05 per Unit for aggregate gross proceeds of up to $400,000. Each Unit will be comprised of one common share and one Common Share purchase warrant in the capital of [...]
In the news release, Genius Metals Inc. Announces Private Placement Offering of Common Share Units, Option Plan Amendment and Grant of Options, issued 07-Aug-2023 by Genius Metals 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 July 27, 2028". The complete, corrected release follows: Genius Metals Announces Private Placement Offering [...]
Genius Metals is pleased to announce its intention to complete a non-brokered private placement offering of up to 8,000,000 units of the Corporation at a price of $0.05 per Unit for aggregate gross proceeds of up to $400,000. Each Unit will be comprised of one common share and one Common Share purchase warrant in the capital of the Corporation. Each Warrant will entitle the holder thereof to purchase one Common Share at [...]
Genius Metals is pleased to announce the imminent property-wide prospection campaign on its recently acquired Paka property located approximately 8 kilometers SE of the Corvette property owned by Patriot Battery Metals. 2023 Exploration Campaign The exploration follows the Company's intent to assess the lithium potential of the Sakami and Iserhoff properties. The Paka prospecting campaign will identify and sample [...]
Genius Metals is pleased to announce that on June 29, 2023, it has completed a closing of a non-brokered private placement, for a total gross proceeds of $1,102,820. Under the Private Placement, the Corporation issued: 17,190,000 units of the Corporation at a price of $0.05 per Unit, with each such Unit being comprised of one common share of the Corporation and one common share purchase warrant entitling the holder [...]
Genius Metals is pleased to announce that it has completed on June 27th, 2023 the acquisition of 100% interest in the Paka property located approximately 8 kilometers SE of the Corvette property owned by Patriot Battery Metals. The property is made of 189 contiguous claims covering more than 97 km2. The Paka Property The Paka lithium property is located 15km south of the Trans-Taiga government road in the highly [...]
Genius Metals Inc. announces its intention to complete a non-brokered private placement offering for gross proceeds of $1 million. In regard to the Private Placement, the Corporation will issue: Common share units at a price of $0.05 per Common Share Unit, with each such unit being comprised of one common share and one common share purchase warrant entitling the holder to purchase one Common Share at an exercise price of [...]
Genius Metals Inc. is pleased to present its 2023 exploration program devoted to find and sample lithium-bearing granitic pegmatites on its Sakami and Iserhoff projects located within the prolific James Bay Territory and northern Abitibi belt of Quebec. The two projects constitute a vast land package located in deformed greenstone belts where historical exploration was concentrated on gold mineralization. However, the [...]
Genius Metals is pleased to report the obtention of the drilling permit previously announced on January 18, 2023, for the Lithium381 Property located in the James Bay Territory of northern Quebec. The property is contiguous to Allkem Limited's James Bay Lithium Mine. The James Bay Lithium Project hosts an Indicated Resource of 40.8 Mt @1.40% Li2O and on January 16, 2023, the government of Canada approved the construction [...]
Genius Metals Inc. is pleased to report that Lithium381's optionee, Clarity Metals has submitted a drill permit application after receiving positive preliminary results from a recently completed IP/Resistivity survey over a portion of the Lithium381 property. The Lithium381 property is adjacent to the James Bay Lithium mine, which received the approval of the government of Canada on January 16, 2023. Drilling Permit [...]
Genius Metals Inc. is pleased to disclose a preliminary assessment of the IP survey recently completed by Lithium381 property's optionee, Clarity Metals. IP/Resistivity Survey Preliminary Assessment A preliminary measured resistivity contour map from the survey data shows a 1.5 km EW-oriented zone of relative high values that may potentially correspond to granitic pegmatite bodies at relatively shallow depth . The [...]