Genesis Electronics Group, Inc. Secures Financing
ACCESSWIRE - Thu Jul 02, 9:00AM CDT
RED BANK, NJ / ACCESSWIRE / July 2, 2015 / Management of Genesis Electronics Group, Inc. (PINKSHEETS: GEGI) announced today that they have entered into an agreement for $2,500,000 in financing from a private individual. The transaction is in the form of a convertible note with an equity position and, as per the terms of the agreement at closing, the Company has received the initial tranche for $500,000.
Genesis Electronics Group, Inc. Completes Lease Agreement for Nevada Gold Mine
ACCESSWIRE - Tue Mar 31, 10:30AM CDT
RED BANK, NJ / ACCESSWIRE / March 31, 2015 / Management of Genesis Electronics Group, Inc. (PINKSHEETS: GEGI) announced today that they have finalized the lease and mining agreement for a 20 acre claim on the property known as "Mav5-E". Located in the Osceola Mining District in Nevada, White Pine County, approximately 29 miles southeast of Ely, the project consists of 985 acres is divided up in thirteen claims. The agreement includes all rights for mining, water usage from the NDEP and the air pollution permits as required. The Geologic Report estimates the value of the reserves of the claim to be from $103 million to $311 million.
Genesis Electronics Group, Inc. Now Current
GlobeNewswire - Fri Oct 17, 12:16PM CDT
Management of Genesis Electronics Group, Inc. (OTC Pink:GEGI) announced today that they have completed the requirements and are now listed on Pink Sheet as "Current." The Company filed a form 15 on October 1, 2014 to terminate being an SEC 1934 Act reporting company and has subsequently filed the necessary disclosures as specified by OTC Markets.