Genesis Metals Corp. (TSXV:GIS) announced a private placement of 5,170,835 flow through common shares at a price of CAD 0.24 per share for gross proceeds of CAD 1,241,000 on May 10, 2021. The transaction included participation from five placees and one professional group for 100,000 shares. All securities issued in the transaction will be subject to a four-month hold period, and may not be traded until four months and one day from the date of closing, except as permitted by applicable securities legislation and the rules and policies of the TSX Venture Exchange. The company paid finders fees consisting of total cash commissions of CAD 68,460.02 and the issuance of a total of 285,250 finder warrants including CAD 38,460cash and 160,250 finder's warrants to Red Cloud Securities Inc. and CAD 30,000.02cash and 125,000 finder's warrants to Qwest InvestmentFund Management Ltd. Each finder warrant entitles the holder to purchase one common share of the company at a price of CAD 0.24 per common share for a period of two years. The company has granted to directors, officers and consultants of the company stock options exercisable to acquire up to a total of 1,075,000 common shares under the company's stock option plan in accordance with the terms of the company's stock option and bonus share plan. The options are exercisable for a period of 5 years at a price CAD 0.24 per share. The TSX Venture Exchange has accepted for filing documentation with respect to the transaction.