Genius Closes Non-Brokered Private Placement for Gross Proceeds Of $149,505


MONTREAL, QUEBEC--(Marketwired - Dec. 30, 2015) - Genius Properties Ltd. (the "Corporation") (CSE:GNI) is pleased to announce it has closed the previously announced (December 29, 2015) a non-brokered private placement (the "Private Placement") of 2,691,000 units (the "FT Units") at a price of $0.05 per FT Unit. Each FT Unit consists of one common share of the Corporation issued as a "flow-through share" Proceeds of the flow-through private placement will be used for Qualifying Canadian Exploration Expenses.

The Private Placement also includes 498,500 non flow-through units (the "Units") at a price of $0.03 per Unit. Each Unit consists of one common share of the Corporation and and one non flow-through common share purchase warrant (the "Warrant"). Each Warrant is exercisable to acquire one common share of the Corporation that is not a "flow-through share" ("Common Share") at an exercise price of $0.05 per Common Share for a period of 18 months after the date of closing of the transaction.

The Corporation will pay a finder's fee equal to 10% of gross proceeds in cash and issue finder warrants share purchase warrants of the Corporation (the "Finder's Warrants") to the Finder equal to 10% of the Units and FT Units subscribed for by persons introduced to the Corporation by the Finder. Total of 319 040 warrants, exercisable for a period of 18 months from closing at a price $0.05$.

All securities issued in the Private Placement will be subject to a four-month hold, pursuant to applicable securities laws. Closing of the Private Placement is subject to regulatory approval.

About Genius Properties

Genius is targeting Quebec's excellent mineral potential to discover new world-class deposits. Genius is the ideal partner for exploration companies and capital pool companies looking for a qualifying transaction and projects of merit.

This news release contains forward-looking information within the meaning of applicable Canadian securities laws. All information other than historical fact is forward-looking information. Forward-looking information relates to future events or future performance and is based on GNI current internal expectations, estimates, projections, assumptions and beliefs. Forward-looking information is often, but not always, identified by the use of words such as "expect", "project", "proposed", "intend", "seek", "anticipate", "budget", "plan", "continue", "estimate", "forecast", "may", "will", "predict", "potential", "targeting", "could", "might", "should", "believe" and similar expressions. Although management considers the assumptions and estimates, reflected in forward-looking information, to be reasonable, based on information currently available, there can be no assurance that such information will prove to be correct. As a consequence, actual results may differ materially from those anticipated.

The CSE has neither approved nor disapproved the contents of this press release. The CSE does not accept responsibility for the adequacy or accuracy of this release.

Contact Information:

Stephane Leblanc
President and CEO
(418) 717-2553
slconcept@hotmail.com