Subject: Genesis - Consolidation March7, 2025.pdf
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File: Attachment Genesis - Consolidation March7, 2025.pdf
750-1620 Dickson Ave
Kelowna B.C. V1Y 9Y2
info@genesisaicorp.com
www.genesisaicorp.com
CSE: AIG
OTC: AIGFF
GENESIS ANNOUNCES SHARE CONSOLIDATION
Kelowna, British Columbia (Newsfile Corp. March 7, 2025 Genesis AI Corp. (CSE: AIG) (OTCQB:
AIGFF) (the "Company") Genesis AI Corp (Genesis) announces that the Company intends to consolidate the
common shares in the capital of the Company (the "Common Shares") on the basis of ten (10) pre-consolidation
Common Shares for every one (1) post-consolidation Common Share (the "Consolidation").
The Company currently has 62,943,885 Common Shares issued and outstanding, and following the
Consolidation, the Company will have approximately 6,294,389 Common Shares issued and outstanding, prior
to rounding for fractional shares. The Company has a total of 3 million Options and 35,676,284 warrants which
will be consolidated to 300,000 and 3,567,628 respectively.
The Consolidation was approved by the board of directors of the Company (the "Board") in accordance with the
Articles of the Company but remains subject to the approval of the Canadian Securities Exchange (the
"Exchange"). The Company will issue a further news release announcing the effective date of the Consolidation
upon receiving Exchange approval. The Company will not be changing its name in conjunction with the
Consolidation.
About Genesis AI Corp.: Genesis AI Corp. is committed to developing advanced AI-driven solutions for
wildfire protection and improved mineral exploration outcomes. The Company's flagship platform, Wildfire
Defense Solutions, leverages AI, machine learning, and data analytics to build digital models of forests and
communities, helping stakeholders make smarter, data-driven decisions in managing natural resources and
wildfire risks.
ON BEHALF OF THE BOARD
"Dev Randhawa"
Dev Randhawa, CEO
For more information, visit www.genesisaicorp.com.
Contact Information: Genesis AI Corp.
1.778.382.7748
ir@genesisaicorp.com
Neither the Canadian Securities Exchange nor its regulation services provider accepts responsibility for the adequacy or accuracy
of this release.
Forward-Looking Information: This news release includes certain statements that may be deemed "forwardlooking statements". The use of any of
the words "anticipate", "continue", "estimate", "expect", "may", "will", "would", "project", "should", "believe" and similar expressions are intended to
identify forwardlooking statements. Although the Company believes that the expectations and assumptions on which the forward-looking statements
are based are reasonable, undue reliance should not be placed on the forwardlooking statements because the Company can give no assurance
that they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature they involve inherent
risks and uncertainties. These statements speak only as of the date of this News Release. Actual results could differ materially from those currently
anticipated due to a number of factors and risks including various risk factors discussed in the Company's disclosure documents which can be found
under the Company's profile on www.sedarplus.ca.
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