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Genius World intends to price C$10 million private placement of stock
NCP Northland Capital is agent; proceeds will finance business plan
By Devika Patel
Knoxville, Tenn., Nov. 29 - Genius World Investments Ltd. said it plans to sell stock in a private placement through lead agent NCP Northland Capital Partners Inc. The company will raise C$10 million by selling common shares at a price to be determined.
Proceeds will be used to fund the company's business plan and general working capital and corporate purposes.
The capital pool company is based in Richmond, B.C.
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