Genesis Metals Corp. (TSXV:GIS) announced that a non-brokered private placement of 2,279,726 unit at a price of CAD 0.22 per units for gross proceeds of CAD 501,540 on March 4, 2021. The transaction included participation from returning investor SDBJ mining investment fund, a fund managed by Societe de Developpement de la Baie James and SIDEX participated for CAD 150,000 each along with other investors in the transaction. Each unit consists of one common share and one half share purchase warrant. Each warrant is exercisable into one common share of the company at a price of CAD 0.30 per share for a period of two years. The company paid CAD 12,898.50 finder's fees in the transaction. The company announced that TSX venture exchange has accepted filling documentation for the transaction. The transaction included participation from 4 placees.