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$9.5M Rights Issue Closes With Strong Support

Genesis Minerals Limited (Genesis or the Company) (ASX: GMD) is pleased to advise that the fully underwritten non-renounceable pro-rata rights issue (Entitlement Offer) closed on 13 July 2020 with strong support received from shareholders. The Entitlement Offer provided eligible shareholders, with an address in Australia, New Zealand, Malaysia and Canada (Ontario province) on 29 June 2020 to be able to subscribe for one (1) New Share for every six (6) Shares held at an issue price of $0.042 per New Share to raise approximately $9.5 million before costs.

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