MONTREAL, QUEBEC–(Marketwired – April 10, 2017) – Genius Properties Ltd. (CSE:GNI)(CSE:GNI.CN) (“Genius” or the “Company”) announces that it will undertake a non-brokered private placement offering (the “Offering“) of up to 16 666 667 units of the Company (the “Units“) at a price of $0.15 per Unit for aggregate maximum gross proceeds of $2,500,000. Each Unit will be comprised of one (1) common share in the capital of the Company (a “Common Share“) and one half of one (1) Common Share purchase warrant (a “Warrant“). Each whole Warrant entitles the holder thereof to purchase one (1) Common Share at an exercise price of $0,25 per share for a period of twelve (12) months from the Closing Date (the “Warrant Expiry Date“).
