Genius Properties Ltd. Reports Results from Annual Shareholders' Meeting
June 23 2014 - 3:30PM
Marketwired
Genius Properties Ltd. Reports Results from Annual Shareholders'
Meeting
MONTREAL, QUEBEC--(Marketwired - Jun 23, 2014) - Genius
Properties Ltd. (the "Corporation") (CSE:GNI) is pleased to
announce the voting results from its annual shareholders' meeting
(the "Meeting") held June 20, 2014, in Montreal, Quebec.
All matters put before shareholders at the Meeting were approved
by 100% of the total shares represented at the meeting in person or
by proxy, including (i) the re-election of Stéphane Leblanc, Guy
Paul Allard and Patricia Lafontaine as directors of the
Corporation, and (ii) the appointment of Raymond Chabot Grant
Thornton LLP, Chartered Accountants, the whole as more fully set
out in the as further detailed in the Corporation's management
information circular, dated May 16, 2014.
A total of 10,227,415 common shares of the Corporation
(representing approximately 48.42% of its outstanding common
shares) were represented at the Meeting in person or by proxy.
About Genius Properties
Genius is primarily targeting Quebec's excellent mineral
potential to discover new world-class deposits. Genius is the ideal
partner for exploration companies and capital pool companies
looking for qualified transaction projects of merit. Genius intends
to enter into various types of agreements on its properties.
Management is currently evaluating, through specialized
wholly-owned subsidiaries of the Corporation, other opportunities
in other markets and industries having a strong growth potential to
enhance shareholder value in the short term.
This news release contains forward-looking information within
the meaning of applicable Canadian securities laws. All information
other than historical fact is forward-looking information.
Forward-looking information relates to future events or future
performance and is based on Genius, current internal expectations,
estimates, projections, assumptions and beliefs. Forward-looking
information is often, but not always, identified by the use of
words such as "expect", "project", "proposed", "intend", "seek",
"anticipate", "budget", "plan", "continue", "estimate", "forecast",
"may", "will", "predict", "potential", "targeting", "could",
"might", "should", "believe" and similar expressions. Although
management considers the assumptions and estimates, reflected in
forward-looking information, to be reasonable, based on information
currently available, there can be no assurance that such
information will prove to be correct. As a consequence, actual
results may differ materially from those anticipated.
Undue reliance should not be placed on forward-looking
information which is inherently uncertain, and subject to known and
unknown risks and uncertainties (both general and specific) and
other factors that contribute to the possibility that the future
events or circumstances contemplated by the forward looking
information will not occur or that may cause the actual results,
level of activity, performance or achievements of the Company to be
materially different from those expressed or implied by such
forward-looking information. These risks include, but are not
limited to risks associated with general economic conditions, the
actual results of current exploration activities, conclusions of
economic evaluations, changes in project parameters as plans
continue to be refined, future metal prices, financial risks and
substantial capital requirements. Further information regarding
certain of these risks (as well as risks relating generally to the
Company's business) may be found under the headings "Risks and
Uncertainties", "Forward-Looking Information" and "Financial risk
factors" in the latest Company's Management's Discussion &
Analysis on www.sedar.com. Readers are cautioned that the foregoing
list of factors that may affect future results is not exhaustive.
The forward-looking statements contained in this news release are
made as of the date hereof and Genius does not undertake any
obligation to update publicly or to revise any of the included
forward-looking statements, except as required by applicable law.
The forward-looking statements contained herein are expressly
qualified by this cautionary statement.
The CSE has neither approved nor disapproved the contents of
this press release. The CSE does not accept responsibility for the
adequacy or accuracy of this release.
Stephane LeblancPresident and CEO(418)
717-2553slconcept@hotmail.com