Genesis Ai Announces OTCQB Market Listing
- Genesis Ai Corp. qualifies for trading on the OTCQB Market, providing easier access and trading capability for investors
- Company expects to receive DTC eligibility approval shortly
- None.
Kelowna, British Columbia--(Newsfile Corp. - September 25, 2023) - Genesis Ai Corp. (CSE: AIG) (OTC Pink: AIGFF) (the "Company") is pleased to announce that it has qualified for trading on the OTCQB Market (the "OTCQB") in the United States operated by the OTC Markets Group Inc. The Company's common shares will commence trading on the OTCQB under the symbol " AIGFF " as of the opening of the market Monday September 25, 2023. Genesis' common shares will continue to trade on the Canadian Securities Exchange under the symbol "AIG".
"Listing Genesis on the OTCQB is a first step to provide easier access and trading capability in our shares for both institutional and retail investors. Trading on OTCQB will contribute to our strategy to continue to enhance our share liquidity and broaden the reach and awareness of our technology and ultimately drive value for our shareholders," stated Devinder Randhawa, CEO & Director of the Company.
The Company has also applied to the Depository Trust Company ("DTC") for DTC eligibility, which would greatly simplify the process of trading the Company's common shares. The Company expects to receive DTC eligibility approval shortly.
About Genesis Ai Corp.
Genesis Ai is a proprietary generative AI (artificial intelligence) model in development, building digital twins for real-world natural resources applications. Digital twins can be manipulated and studied in computer generated worlds, with the influence of deep machine learning and neural networks, providing disruptive real-world problem solving.
Genesis Ai Corp. is pursuing opportunities in the precision geospatial, forestry analytics, and carbon sector through Ai.
ON BEHALF OF THE BOARD OF DIRECTORS
"Dev Randhawa"
President and Director
For further information, please contact:
Jamie Bannerman
Phone: 1-250-868-6553
info@genesisaicorp.com
Certain statements in this news release are forward-looking and involve a number of risks and uncertainties. Such forward-looking statements are within the meaning of the phrase 'forward-looking information' in the Canadian Securities Administrators' National Instrument 51-102 - Continuous Disclosure Obligations (collectively, "forward-looking statements"). Forward-looking statements are not comprised of historical facts. Forward-looking statements include estimates and statements that describe the Company's future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Forward-looking statements may be identified by such terms as "believes", "anticipates", "expects", "estimates", "may", "could", "would", "will", "plan" or variations of such words and phrases. Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Although these forward-looking statements are based on information currently available to the Company, the Company provides no assurances that actual results will meet management's expectations. Risks, uncertainties and other factors involved with forward-looking information could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking statements.
Forward-looking statements in this news release include, but are not limited to, statements about: the proposed transaction with Carbonethic, including entering into definitive documentation and closing of transaction and the anticipated benefits of the proposed transaction; and the anticipated use and benefits of Woodlands.ai; integration of Woodlands.ai in the Company's existing business; and completion of the name change and ticker symbol.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/181604
