MONTRÉAL, Jan. 29, 2025 (GLOBE NEWSWIRE) -- Genius Metals Inc. (TSXV: GENI) (the "Company") held its annual and special meeting of shareholders on January 16th, 2025 (the "Meeting"). The Company is pleased to announce that shareholders representing more than 99% of votes cast approved a special resolution authorizing the Company to amend its articles to change its name to "Morocco Strategic Minerals Corporation" and "Corporation de minéraux stratégiques du Maroc" as its French name.
The common shares of the Company continue to trade on the TSX Venture Exchange ("TSXV") under its existing trading symbol, GENI. The effective date of the name change will be January 31st, 2025 and the Company's common shares will commence trading on the TSXV under the new name and under the trading symbol "MCC". Each existing share certificate reflecting the current name of the Company will continue to represent a valid certificate until such certificate is transferred, re-registered or otherwise exchanged.
The new name reflects the Company's strategy to explore and develop its Moroccan assets, announced in press releases issued on July 11, October 17 and November 13, 2024.
About the Company
Genius Metals is a Canadian mineral exploration company focused on the acquisition, exploration and, if warranted, development of natural resource properties of merit in Morocco and in Canada.
Contact Information
Pierre-Olivier Goulet
Vice-President Corporate Development
Email: pogoulet@geniusmetals.com
1-450-821-5270
Guy Goulet
President and CEO
Email: ggoulet@geniusmetals.com
1-514-294-7000
Forward-Looking Statements and Disclaimer
Certain information contained herein may constitute "forward-looking information" under Canadian securities legislation. Generally, forward-looking information can be identified using forward-looking terminology such as, "will be", "expected" or variations of such words and phrases or statements that certain actions, events or results "will" occur. Forward-looking statements are based on the Corporation's estimates and are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Corporation to be materially different from those expressed or implied by such forward-looking statements or forward-looking information. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. The Corporation will not update any forward-looking statements or forward-looking information that are incorporated by reference herein, except as required by applicable securities laws.
Neither the TSXV nor its Regulation Services Provider (as that term is defined in policies of the TSXV) accepts responsibility for the adequacy or accuracy of this news release.
