Genesis Electronics Group Inc (GEGI)

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Last 3 PR`s GEGI

Genesis Electronics Group, Inc. Provides Update

RED BANK, NJ / ACCESSWIRE / September 16, 2015 / Management of Genesis Electronics Group, Inc. (OTC Pink: GEGI) announced today that upon receiving confirmation from the Bureau Of Land Mgt.(BLM), we has moved forward to satisfy additional obligations of the sublease agreement for the property known as "Mav5-E" located in the Osceola Mining District in Nevada. The Company has met all requirements through the Nevada Department of Environmental Protection.

Additionally Genesis through its wholly owned subsidiary, Genesis Mining Corp, has begun setting up at the site for the mining operations. The Company has ordered the infrastructure equipment for its employees and various processing equipment.

Mr. Raymond F. Purdon, President & CEO, commented, "We are pleased with our progress to date and extremely excited to be moving forward with mining project. This is another step to in achieving full operational status and we expect to begin production shortly. We will be providing updates as we reach the next phase of the project."



Genesis Electronics Group, Inc. Obtains Confirmation from The Bureau of Land Management

RED BANK, NJ / ACCESSWIRE / July 14, 2015 / Management of Genesis Electronics Group, Inc. (OTC Pink: GEGI) announced today that they have received notice from the Bureau of the Land Management (BLM) that is has completed its financial requirements as per it sublease mining agreement for the 20 acre claim on the property known as "Mav5-E" (Located in the Osceola Mining District in Nevada, White Pine County).

The Bureau of Land Management (BLM) is an agency within the United States Department of the Interior that administers more than 247.3 million acres of public lands in the United States which constitutes one-eighth of the landmass of the country. President Harry S. Truman created the BLM in 1946 by combining two existing agencies; the General Land Office and the Grazing Service. The agency manages the federal government's nearly 700 million acres of subsurface mineral estate located beneath federal, state and private lands severed from their surface rights by the Homestead Act of 1862.

Mr. Raymond F. Purdon, President & CEO, commented, "The completion of this bond allows us commence activity on our lease. We have been preparing for this over the last few months and expect to be initiating mining operations shortly. This is a very exciting time for Genesis as we move into this phase of our corporate strategy. We have been working on our business plan for the last year and are pleased to be in position to begin to realize the benefits of our efforts."



From <http://www.otcmarkets.com/stock/GEGI/news>;



Genesis Electronics Group, Inc. Secures Financing

RED BANK, NJ / ACCESSWIRE / July 2, 2015 / Management of Genesis Electronics Group, Inc. (PINKSHEETS: GEGI) announced today that they have entered into an agreement for $2,500,000 in financing from a private individual. The transaction is in the form of a convertible note with an equity position and, as per the terms of the agreement at closing, the Company has received the initial tranche for $500,000.

In March of the this year the Company finalized the lease and mining agreement for a 20 acre claim on the property known as "Mav5-E." Located in the Osceola Mining District in Nevada, White Pine County, approximately 29 miles southeast of Ely, the project consists of 985 acres is divided up in thirteen claims. The Company operates the mine through its wholly owned subsidiary, Genesis Mining Corp: www.genesisminingcorp.com.

The initial funding is being utilized to fulfill its obligation to provide its reclamation bond through the Bureau of Land Mgt. (BLM).

Mr. Raymond F. Purdon, President & CEO, commented, "With this funding commitment we are now ready to launch the "Mav5-E" project. This first step of satisfying the requirement of the bond allows us to move the process to the next level and realize the full potential of the property. We believe that this opportunity puts the Company in position to generate income and provide shareholder value."



From <http://www.otcmarkets.com/stock/GEGI/news>;