Genius Metals Inc. Completes a Second Tranche of a Non-Brokered Private Placement and Signs a Marketing Agreement

Private Placement Details - Genius Metals Inc completed the second tranche of its non-brokered private placement, issuing 3,087,500 units for additional gross proceeds of $247,000 [1] - In total, the company raised$947,000 and issued 11,837,500 units under the private placement [2] - Each unit consists of one common share and one half of a common share purchase warrant, with each whole warrant allowing the purchase of one common share at $0.12 for 24 months [2] Use of Proceeds and Securities Information - The net proceeds from the offering will be allocated towards the development of the company's portfolio in Québec and Morocco, as well as for general working capital purposes [4] - All securities issued are subject to a statutory hold period of four months and one day from the date of issuance, and the offering remains subject to final approval from the TSX Venture Exchange [3] Digital Marketing Agreement - Genius Metals entered into a Digital Marketing Services Agreement with Senergy Communications Capital Inc, covering services such as digital advertising, social media marketing, and shareholder communications [6] - The agreement spans four months from January 1 to April 30, 2025, with a payment of C$40,000 plus GST for the services [6] Company Overview - Genius Metals is a Canadian mineral exploration company focused on acquiring, exploring, and developing natural resource properties in Morocco and Canada [7]