Genesis Minerals Limited (ASX: GMD) (Genesis) refers to its announcements of 17th April 2023 and 15th May 2023 relating to the terms of its binding agreement with St Barbara Limited (ASX: SBM) (St Barbara) for Genesis to acquire St Barbara's Leonora assets in Western Australia (Acquisition).

Genesis has canvassed shareholders from within its Top 20, representing 49.0% of Genesis' shares on issue who have all indicated support for the Acquisition and the Company's growth strategy. This level of support highlights the low completion risk of the Genesis acquisition. The General Meeting, at which Genesis' shareholders will vote on the Acquisition, will be held on Tuesday 20th June 2023, commencing at 2:00pm AWST. The Notice of General Meeting and accompanying Explanatory Memorandum is available on the ASX (refer to announcement 18th May 2023).

Completion of the transaction remains on track for 30th June 2023. Genesis' financial adviser is Sternship Advisers and its legal adviser is Thomson Geer. This announcement is approved for release to the ASX by Raleigh Finlayson, Managing Director, Genesis.

Contact:

Tel: +61 8 6323 9050

(C) 2023 Electronic News Publishing, source ENP Newswire