File: Attachment 2025-03-10 Genesis - Consolidation effective date.pdf

750-1620 Dickson Ave Kelowna B.C. V1Y 9Y2 info@genesisaicorp.com www.genesisaicorp.com

GENESIS ANNOUNCES EFFECTIVE DATE OF CONSOLIDATION

Kelowna, British Columbia (Newsfile Corp. March 10, 2025 Genesis AI Corp. (CSE: AIG) (OTCQB: AIGFF) (the "Company") announces, further to its news release of March 7, 2025 , and effective Thursday, March 13, 2025, the Company will consolidate the common shares in the capital of the Company (the "Common Shares") on the basis of one (1) post consolidated Common Share to every ten (10) pre-consolidated Common Shares (the "Consolidation").

The name of the Company and trading symbol will remain the same after the Consolidation. The new CUSIP number will be 371957200 and the new ISIN number will be CA3719572008 for the post Consolidation Common Shares.

The Company's post-Consolidation Common Shares are expected to begin trading on the Canadian Securities Exchange ("CSE") on or about March 13, 2025. The total issued and outstanding number of Common Shares post-Consolidation will be approximately 6,294,389, and on a fully diluted basis will be 10,162,017.

Letters of transmittal with respect to the Consolidation will be mailed to all registered shareholders of the Company. All registered shareholders will be required to send their respective certificates representing the pre Consolidation Common Shares along with a properly executed letter of transmittal to the Company's transfer agent, Computershare Trust Company of Canada ("Computershare"), in accordance with the instructions provided in the letter of transmittal. All shareholders who submit a duly completed letter of transmittal along with their respective pre-Consolidation Common Share certificate(s) to Computershare, will receive a post Consolidation Common Share certificate or Direct Registration Advice representing the post Consolidation Common Shares.

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.