Borealis pours first gold as Nevada mine’s new owner
The Borealis project consists of a fully permitted mine equipped for present operations and future expansions.
(via TheNewswire)
August 28, 2024, - TheNewswire - Kelowna, British Columbia, Canada, Genesis Acquisition Corp. (TSX.V: REBL.P) (the “Company” or “Genesis”), announces that its previously announced proposed Qualifying Transaction with SkyBox Sports Network Inc. (“SkyBox”) has been terminated. Genesis will continue to evaluate and review alternative acquisition opportunities with a view to identifying and completing a Qualifying Transaction.
Trading in the Company’s common shares are expected to resume trading once approved by the TSX Venture Exchange (the “Exchange”).
About Genesis Acquisition Corp.
Genesis is a capital pool company pursuant to Exchange Policy 2.4 that completed its initial public offering and obtained a listing on the Exchange in November 2019 (trading symbol: "REBL.P"). Genesis does not carry on any active business activity other than reviewing potential transactions that would qualify as Genesis’ Qualifying Transaction, as such term is defined under Exchange Policy 2.4.
ON BEHALF OF THE BOARD OF DIRECTORS:
Blair Wilson, President, Chief Executive Officer, and Director
For further information please contact:
Email: [email protected]
Phone: (250) 317-0996
Disclaimer for Forward-Looking Information
This press release contains forward-looking statements and information that are based on the beliefs of management and reflect Genesis's current expectations. When used in this press release, the words "estimate", "project", "belief", "anticipate", "intend", "expect", "plan", "predict", "may" or "should" and the negative of these words or such variations thereon or comparable terminology are intended to identify forward-looking statements and information. The forward-looking statements and information in this press release include information relating to the business plans of Genesis and matters associated therewith, and the resumption of trading in the Company’s common shares. Such statements and information reflect the current view of Genesis. Risks and uncertainties that may cause actual results to differ materially from those contemplated in those forward-looking statements and information. By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
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