Markham, June 09, 2016 (GLOBE NEWSWIRE) — GeneNews Limited (“GeneNews” or the “Company”) (TSX:GEN) today announced that it has entered into a capital commitment agreement (the “Agreement”) with GEM Global Yield Fund LLC SCS (“GEM”) for a CAD $5 million Capital Commitment (“CC”). Proceeds raised from the investment will be used for working capital and general corporate purposes, particularly to support the activities being generated by the recently announced JTS partnership.
Full Article: www.cbj.ca
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