Genesis AI Corp Confirms Availability of Annual General and Special Meeting Materials and Alternative Voting Procedures

Rhea-AI Summary

Genesis AI Corp (CSE: AIG) (OTCQB: AIGFF) announces its annual general and special meeting scheduled for December 19, 2024 at 10:00 a.m. Pacific Time. Due to a Canadian postal workers' strike, the company warns shareholders about potential delays in receiving meeting materials by mail. Shareholders of record as of November 14, 2024 can access meeting materials electronically through SEDAR+ and the company's website.

The proxy voting deadline is set for December 16, 2024 at 10:00 a.m. Registered shareholders can vote directly by proxy, while unregistered shareholders can vote through their intermediaries. If materials aren't received by mail, registered shareholders can contact Computershare Investor Services for their proxy form control number.

Vancouver, British Columbia--(Newsfile Corp. - December 4, 2024) - Genesis AI Corp. (CSE: AIG) (OTCQB: AIGFF) (the "Company") is to hold its annual general and special meeting of the shareholders (the "Shareholders") of the Company on December 19, 2024 at 10:00 a.m. (Pacific Time) (the "Meeting"). The Shareholders of record as of the close of business on November 14, 2024 are entitled to receive notice of and to vote at the Meeting. The Shareholders are urged to vote before the proxy deadline of 10:00 a.m. on December 16, 2024.

The Company is providing an update to Shareholders regarding the potential impact of the strike by the Canadian Union of Postal Workers on the Company's ability to comply with its obligations to deliver its meeting materials to Shareholders in connection with the Meeting. The Company delivered the completed Notice of Meeting, Information Circular and related proxy materials (the "Meeting Materials") to the appropriate parties for printing and mailing to registered and unregistered Shareholders prior to the Meeting, but due the postal strike, it is possible that the Meeting Materials will not be delivered to some Shareholders prior to the Meeting. The Meeting Materials have been filed on SEDAR+ and are available on the available under the Company's profile on SEDAR+ at www.sedarplus.ca. they are also available at the Company's website at https://www.genesisaicorp.com/investors/. Shareholders will still be able to vote their shares either directly by proxy (for registered Shareholders) or indirectly through their intermediary (for unregistered Shareholders who hold their shares through brokerage firms or other intermediaries).

All Shareholders are encouraged to access the Meeting Materials electronically and to vote in accordance with the instructions set forth in the Circular. Registered Shareholders should complete all signed proxy forms as directed on the form of proxy no later than 48 hours prior to the Meeting. Beneficial owners can obtain a copy of the voting instructions form from their intermediary. If you are a registered Shareholder and do not receive the Meeting Materials by mail ahead of the voting deadline, please contact at Computershare Investor Services Inc. at 1-800-564-6253 (toll-free in Canada and the United States) between 5:30 a.m. and 5:00 p.m. (Pacific Time) to obtain your proxy form control number to cast your vote for the Meeting. If you hold shares through an intermediary such as a brokerage firm, please contact your intermediary directly to obtain a copy of the voting instructions form.

About Genesis AI Corp.

Genesis AI Corp. is pursuing opportunities in the precision geospatial, forestry analytics, and carbon sector through Ai. Woodlands.ai is a generative Ai natural resources model in development, building digital twins of real-world forests.

Digital forests can be manipulated and studied in computer generated worlds, with the influence of deep machine learning, neural networks, and artificial intelligence. Digital forest technology has many applications including carbon offsetting, forest and land management and wildfire protection.

ON BEHALF OF THE BOARD
"Dev Randhawa"
Dev Randhawa, CEO

For further information, please contact:
Investor Relations:
Phone: 1-250-868-6553
info@genesisaicorp.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Information

This news release contains "forward‐looking information or statements" within the meaning of applicable securities laws, which may include, without limitation, the Meeting, potential impact of the strike by the Canadian Union of Postal Workers on the Company's ability to comply with its obligations to deliver its meeting materials to Shareholders in connection with the Meeting, other statements relating to the technical, financial and business prospects of the Company, its projects and other matters. All statements in this news release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future. Such forward-looking information reflects the Company's views with respect to future events and is subject to risks, uncertainties and assumptions. Factors that could cause actual results to differ materially from those in forward-looking statements include, but are not limited to, continued availability of capital and financing and general economic, and market or business conditions. The Company does not undertake to update forward‐looking statements or forward‐looking information, except as required by law.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/232556

FAQ

When is Genesis AI Corp (AIGFF) holding its 2024 annual general meeting?

Genesis AI Corp is holding its annual general and special meeting on December 19, 2024, at 10:00 a.m. Pacific Time.

What is the voting deadline for Genesis AI Corp (AIGFF) 2024 annual meeting?

The proxy voting deadline is December 16, 2024, at 10:00 a.m., 48 hours prior to the meeting.

How can shareholders access Genesis AI Corp (AIGFF) meeting materials during the postal strike?

Shareholders can access meeting materials electronically through SEDAR+ at www.sedarplus.ca or the company's website at genesisaicorp.com/investors/.

What is the record date for Genesis AI Corp (AIGFF) 2024 annual meeting?

The record date is November 14, 2024. Shareholders of record as of this date are entitled to receive notice and vote at the meeting.