VANCOUVER, British Columbia, Feb. 04, 2025 (GLOBE NEWSWIRE) -- VERSES AI Inc. (CBOE:VERS) (OTCQB:VRSSF) ("VERSES'' or the "Company”), a cognitive computing company specializing in next-generation intelligent agent systems, provides an update to its previously announced “Mastermind” challenge where the Company’s flagship product, Genius outperformed OpenAI’s o1-preview model. In this latest demonstration, VERSES demonstrates Genius, winning the code-breaking game Mastermind in a side-by-side comparison with ...

SINGAPORE, Feb. 03, 2025 (GLOBE NEWSWIRE) -- Genius Group Limited (NYSE American: GNS) (“Genius Group” or the “Company”), a leading AI-powered, Bitcoin-first education group, today announced that it has increased its Bitcoin purchases for its Bitcoin Treasury by an additional $2 million to 440 Bitcoin for $42 million, at an average price of $95,519 per Bitcoin. As at market close on January 31, 2025, the Company’s Bitcoin Treasury of 440 Bitcoin had a market value of $46 million based on the Bitcoin price o ...

SINGAPORE, Jan. 31, 2025 (GLOBE NEWSWIRE) -- Genius Group Limited (NYSE:GNS) ("Genius Group" or the "Company"), a leading AI-powered, Bitcoin-first education group announced today that rights have been issued to its shareholders as of the record date for its recently announced rights offering. Rights are now exercisable or tradeable, with the expiration of the rights period being February 14, 2025. The Rights Offering is being made only by means of a prospectus supplement, and this announcement does not con ...

MONTRÉAL, Jan. 29, 2025 (GLOBE NEWSWIRE) -- Genius Metals Inc. (TSXV: GENI) (the “Company”) held its annual and special meeting of shareholders on January 16th, 2025 (the "Meeting"). The Company is pleased to announce that shareholders representing more than 99% of votes cast approved a special resolution authorizing the Company to amend its articles to change its name to "Morocco Strategic Minerals Corporation" and "Corporation de minéraux stratégiques du Maroc" as its French name. The common shares of the ...

SINGAPORE, Jan. 22, 2025 (GLOBE NEWSWIRE) -- Genius Group Limited (NYSE:GNS) ("Genius Group" or the "Company"), a leading AI-powered, Bitcoin-first education group has filed its Prospectus Supplement for its recently announced rights offering, with 100% of net proceeds going towards buying Bitcoin for its Bitcoin Treasury. The Prospectus Supplement can be viewed at this link. The Company has provided a guide for shareholders on the rights offering, together with links to the company's recent Investor Call, ...

SINGAPORE, Jan. 21, 2025 (GLOBE NEWSWIRE) -- Genius Group Limited (NYSE American: GNS) (“Genius Group” or the “Company”), a leading AI-powered, Bitcoin-first education group, today announced that it had increased its Bitcoin purchases for its Bitcoin Treasury by an additional $5 million to 420 Bitcoin for $40 million, at an average price of $95,912 per Bitcoin. The total purchase of $40 million of Bitcoin has been made within three months of the Company’s announcement on November 12, 2024 of its “Bitcoin-fi ...

SINGAPORE, Jan. 15, 2025 (GLOBE NEWSWIRE) -- Genius Group Limited (NYSE American: GNS) (“Genius Group” or the “Company”), a leading AI-powered, Bitcoin-first education group, is sending out this reminder that it will conduct an investor call and webcast to discuss their recently announced rights issue, together with the Company’s Bitcoin Treasury Strategy and 2025 outlook. The call will take place today, January 15, 2025, at 5.00pm Eastern Time and will be hosted by the Company’s CEO, Roger Hamilton. The li ...

Rights Offering Details - The company has approved a $33 million rights offering for its ordinary shares, with 100% of net proceeds to be used to purchase Bitcoin for its Bitcoin Treasury [1] - Each shareholder will receive one transferable right for each ordinary share held on January 24, 2025, with the number of Rights rounded up to the nearest whole number [5] - Each Right entitles the holder to purchase one ordinary share at a subscription price of $0.50 per share [5] - Rights holders who fully exercise their Basic Subscription Rights can subscribe for additional unsubscribed shares on a pro rata basis [5] - Rights holders can sell their Rights, with trading expected to begin on January 23, 2025, under the symbol "GNS RTWI" and continue until February 13, 2025 [5] - The Rights Offering expires at 4:30 p.m. Eastern Time on February 14, 2025, unless extended [5] Founder and Management Participation - The Founder and CEO, Roger Hamilton, intends to acquire 500,000 additional shares, following the purchase of 500,000 shares on October 8, 2024, with the remaining 500,000 shares to be purchased on January 15, 2025 [2] - Following the acquisition, Mr. Hamilton will own approximately 6.8 million shares, representing 10.3% of the company's 66 million issued shares [8] - Mr. Hamilton has notified the company that he will fully subscribe to his rights under the Rights Offering, amounting to rights for an additional 6.8 million shares [8] Use of Funds and Bitcoin Treasury - The company plans to use 100% of the net proceeds from the Rights Offering to purchase Bitcoin for its Bitcoin Treasury, with anticipated proceeds of up to $33 million if fully subscribed [5] - The company also plans to pursue additional loan financings of up to $20 million, which, if successful, would increase the Bitcoin Treasury from approximately $35 million to $86 million [5] Investor Call and Webcast - The company will hold a live webcast and investor call on January 15, 2025, at 5:00 p.m. Eastern Time to discuss the Rights Offering, 2025 outlook, and Bitcoin Treasury strategy [13] Company Overview - Genius Group is a Bitcoin-first business delivering AI-powered education and acceleration solutions, serving 5.4 million users in over 100 countries through its Genius City model and online digital marketplace [14]

SINGAPORE, Jan. 10, 2025 (GLOBE NEWSWIRE) -- Genius Group Limited (NYSE American: GNS) (“Genius Group” or the “Company”), a leading AI-powered, Bitcoin-first education group, today announced that it had increased its Bitcoin purchases for its Bitcoin Treasury by an additional $5 million to 372 Bitcoin for $35 million, at an average price of $94,047 per Bitcoin. The total purchase of $35 million of Bitcoin has been made within two months of the Company’s announcement on November 12 of its “Bitcoin-first” str ...

SINGAPORE, Dec. 30, 2024 (GLOBE NEWSWIRE) -- Genius Group Limited (NYSE:GNS) ("Genius Group" or the "Company"), a leading AI-powered, Bitcoin-first education group, today announced that it had increased its Bitcoin purchases for its Bitcoin Treasury by an additional $10 million to 319.4 Bitcoin for $30 million, at an average price of $93,919 per Bitcoin. The total purchase of $30 million of Bitcoin has been made within six weeks of the Company's announcement on November 12 of its "Bitcoin-first" strategy th ...