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Gallagher Security Corp. is a company based in Kelowna, British Columbia, specializing in generative artificial intelligence technology. They have recently closed a private placement to fund the acquisition of intellectual property assets from Carbonethic Holding Inc. The company focuses on the development of Woodlands.ai, a generative AI model for creating digital twins of real-world forests for various applications such as carbon offsetting, forest management, and wildfire protection.

Additionally, the company is actively involved in the Carbon Credits sector, working with High Bar First Nations and Treelab Carbon Technologies to plant trees on indigenous lands in B.C. for carbon sequestration purposes. They have recently announced a name change to Genesis AI Corp. and are committed to investing in the development of Woodlands.ai to support their initiatives in the carbon credits sector.

Rhea-AI Summary
Gallagher Security Corp. announces a non-brokered private placement for gross proceeds of up to $1,500,000. The Company plans to sell up to 21,428,571 units at a price of $0.07 per unit. The net proceeds will be used for the development of the Company's AI intellectual property assets.
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Gallagher Security Corp. announces the acquisition of generative AI intellectual property assets, Woodlands.ai, from Carbonethic. The company is focusing on opportunities in the carbon credits sector and will change its name to Genesis AI Corp. The acquisition involves a cash consideration of C$100,000 and up to C$1.5 million in royalty payments. The company will also invest up to $500,000 to further develop Woodlands.ai.
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FAQ

What is the market cap of MYCLF (MYCLF)?

The market cap of MYCLF (MYCLF) is approximately 3.1M.

What is Gallagher Security Corp. focused on?

Gallagher Security Corp. specializes in generative artificial intelligence technology, particularly the development of Woodlands.ai for creating digital forests.

What recent transaction did Gallagher Security Corp. complete?

Gallagher Security Corp. closed a private placement to acquire generative artificial intelligence intellectual property assets from Carbonethic Holding Inc.

What is Woodlands.ai and its applications?

Woodlands.ai is a generative AI model for building digital twins of real-world forests, with applications in carbon offsetting, forest management, and wildfire protection.

What initiatives is Gallagher Security Corp. pursuing?

Gallagher Security Corp. is actively involved in the Carbon Credits sector, working with High Bar First Nations and Treelab Carbon Technologies for tree planting and carbon sequestration.

What recent corporate update did Gallagher Security Corp. announce?

Gallagher Security Corp. announced a name change to Genesis AI Corp., signaling their focus on AI technology and initiatives in the carbon credits sector.
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