Kelowna, B.C. – TheNewswire - August 31, 2026. Genesis Acquisition Corp. (“Genesis” or the “Company”) (TSXV: REBL.P) announces that it will not be proceeding with its previously announced Qualifying Transaction with Nusa Nickle Corp. as certain conditions of the transaction were not met by the required dates.  

Genesis will continue to evaluate and review alternative acquisition opportunities with a view to completing its Qualifying Transaction.

Trading in the Company’s common shares is expected to resume once approved by the TSX Venture Exchange (the “Exchange”).

 

About Genesis Acquisition Corp.

Genesis is a Capital Pool Company that completed its initial public offering and obtained a listing on the TSX Venture Exchange (the “Exchange”) on or about November 1, 2019 (trading symbol: REBL.P). Genesis does not carry on any active business activity other than reviewing potential transactions that would qualify as the Company’s Qualifying Transaction, as such term is defined under Exchange Policy 2.4.  

ON BEHALF OF THE BOARD OF DIRECTORS:

ON BEHALF OF THE BOARD OF DIRECTORS:

Blair Wilson, President, Chief Executive Officer, and Director

For further information please contact:

Email: blair@forbiddenspirits.ca

Phone: (250) 317-0996

Disclaimer for Forward-Looking Information

 

This press release contains forward-looking statements and information that are based on the beliefs of management and reflect the Company’s current expectations. When used in this press release, the words “estimate”, “project”, “belief”, “anticipate”, “intend”, “expect”, “plan”, “predict”, “may” or “should” and the negative of these words or such variations thereon or comparable terminology are intended to identify forward-looking statements and information. The forward-looking statements and information in this press release includes the intention of the Company to seek other opportunities in respect of a potential Qualifying Transaction and the resumption of trading in the Company’s common shares. By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, among others, the following risks: the need for additional financing, the volatility of the Company’s common share price and volume and reliance on key and qualified personnel. Forward-looking statements are made based on management’s beliefs, estimates and opinions on the date that statements are made and the Company undertakes no obligation to update forward-looking statements if these beliefs, estimates and opinions or other circumstances should change. Investors are cautioned against attributing undue certainty to forward-looking statements.

 

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.