Genius Properties Ltd.
CNSX : GNI

Genius Properties Ltd.

November 10, 2014 10:25 ET

Genius Enters Into Exclusive E-Liquid License Agreement With Changning Dekang Biotechnology SRL

MONTREAL, QUEBEC--(Marketwired - Nov. 10, 2014) - Genius Properties Ltd. (the"Corporation") (CSE:GNI) is pleased to announce that it has entered into an exclusive E-Liquid license agreement with Changning Dekang Biotechnology SRL ("Dekang"), a leading high-tech company engaged in the technological development of pharmaceutical production and sales of raw materials and plant extracts. Under the license agreement, Genius will havethe exclusive license to distribute and sell Dekang's Q10 series, Dekang Europe E-liquids, and Detab nicotine alternative products in Canada and the United States.

Founded in 2003, and under the strong support of Yunnan Province Government,Dekang has developed a state-of-the-art enterprise. Its products consist primarily of pharmaceutical grade raw materials including tomatoes, alcohol, coenzyme Q10, ginseng Rg3 saponins Rh2, and more. Their natural extract series products have spices and Oriental flavoring. Their electronic cigarette liquid (Vapor Flavor, E-liquid, e-juice or smoking juice) contains the finest natural ingredients. Dekang's quality control processes conform to the highest domestic and international health and pharmaceutical standards. Dekang's facility has more than 10,000 square meters of space; leveraging their state-of-the-art production equipment, advanced production technology processes the strictest health management quality control systems providing their customers with the highest quality and safest products in the industry.http://www.dekangbio.com.

Zhixuan Zheng, President of Dekang, commented, "It is well known that the electronic cigarette industry is an extremely large potential market and has been developing rapidly in recent years. As a leading enterprise in electronic liquids, Dekang has always been working with excellent companies in every corner of the world since its establishment.Today,we are very excited and honored to work in partnership with Genius, a great company with first-class sales teams in Canada and the United States. We firmly believe by combining Dekang's rich experience and unparalleled product research and development capabilities, that Genius is an ideally suited partner for Dekang, and together we will make a big difference in the world's largest electronic cigarette market, the United States, as well asCanada," Mr. Zheng added.

"Genius is very pleased to be entering into this new agreement with Dekang," said Stéphane Leblanc, President and CEO of Genius. "We feel that this partnership strengthens our market position by ensuring our electronic cigarettes have the highest quality ingredients combined with optimal taste and flavor.Mr. Leblanc continued, "This is a very important step in the growth of our distribution subsidiary and this partnership confirms how much our sales team makes the difference - it's amazing to see the potential of our subsidiary. We accept the challenge of becoming the leader in the marketing of high quality e-liquids produced by Changning Dekang Biotechnology. We have allthe infrastructure in place right now to meet the growing demand for Dekang's premium products in the United States and Canada."

About Genius Properties

Genius is primarily targeting Quebec's excellent mineral potential to discover new world-class deposits and is the ideal partner for exploration companies and capital pool companies looking for qualified transaction projects of merit. The Company intends to enter various types of agreements on its available mineral properties. Management is currently evaluating, through specialized wholly-owned subsidiaries of the Corporation, other opportunities in other markets and industries having a strong growth potential to enhance shareholder value in the short-term. To-date, wholly-owned subsidiaries of the Corporation include 100% of the assets of Zippler, a patent pending geo-location based application and social network, and 70% of the assets of ZenCig, a company specializing in the distribution and processing of electronic cigarettes.

Summary of our subsidiaries

About ZenCig

ZenCig is a cleaner and healthier alternative to smoking for all. ZenCig is one of the leading electronic cigarette companies in this rapidly emerging and fast-growing market. The Company began online sales in 2011 and expanded to retail in 2013. ZenCig offers the highest quality and latest technology in this market. ZenCig provides an artificial flavored vapor with or without nicotine. A cartridge filled with an aromatic liquid is located in the filter. Ingredients contained in the cartridge include nicotine, artificial flavor and glycerol. During inhalation, the microprocessor enables a spray, mixing the air inhaled with the liquid contained in the cartridge. This vapor is then inhaled by the user. Evaporation of glycerol allows an imitation of real smoke produced by a cigarette. A LED at the end of the cigarette simulates true combustion and the sprayed mixture is delivered at a temperature of 50-60 Celsius degrees which is comparable to regular tobacco cigarette. With a soft filter and same size and weight as a real cigarette, it really gives to its user the most realistic experience of a tobacco cigarette. And without tar, ash and second hand smoke, people can really start to BREATH AGAIN ! With its established online presence and the lowest retail price in the world, the ZenCig management team is positioned to leverage its already well-recognized brand and give great value to its shareholders.

www.zencig.com

About Zippler

Zippler is a PATENT PENDING location-based social network and microblogging service, using a unique navigation scheme and user interface, that enables its users to locate and interact with people around them, plan group activities, get information, discover cool new things, get targeted local offers and a lot more - all based on your location.

www.zippler.com

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.

Undue reliance should not be placed on forward-looking information which is inherently uncertain, and subject to known and unknown risks and uncertainties (both general and specific) and other factors that contribute to the possibility that the future events or circumstances contemplated by the forward looking information will not occur or that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information. These risks include, but are not limited to risks associated with general economic conditions, the actual results of current exploration activities, conclusions of economic evaluations, changes in project parameters as plans continue to be refined, future metal prices, financial risks and substantial capital requirements. Further information regarding certain of these risks (as well as risks relating generally to the Company's business) may be found under the headings "Risks and Uncertainties", "Forward-Looking Information" and "Financial risk factors" in the latest Company's Management's Discussion & Analysis on www.sedar.com. Readers are cautioned that the foregoing list of factors that may affect future results is not exhaustive. The forward-looking statements contained in this news release are made as of the date hereof and GNI does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, except as required by applicable law. The forward-looking statements contained herein are expressly qualified by this cautionary statement.

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.

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