Genesis Metals Corp. announced a non-brokered private placement of 3,333,333 flow-through units at a price of CAD 0.12 per unit for gross proceeds of CAD 399,999.96 on October 13, 2021. Each unit one flow-through common share and one-half of one common share purchase warrant. Each warrant entitles the holder to purchase one non-flow-through common share of the company at a price of CAD 0.18 until October 12, 2023. The transaction included participation from two places. The company paid finder’s fees to Red Cloud Securities Inc. in the aggregate amount of CAD 32,000 and issued 266,666 warrants. Each finder fee warrant is exercisable to acquire one common share of the company at a price of CAD 0.12 per share until October 12, 2023. All securities issued or issuable in connection with the transaction are subject to a hold period and may not be traded until February 13, 2022, except as permitted by applicable securities legislation and the rules and policies of the TSX Venture Exchange. The TSX Venture Exchange has accepted for filing documentation with respect to the transaction.