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Genesis AI Corp reports company developments tied to AI-driven wildfire protection, forestry carbon analysis and mineral exploration software. News releases cover updates to Wildfire Defense Solutions, including geospatial mapping, treatment-unit analysis, weather data integration and usability improvements for wildfire mitigation workflows.
Company announcements also describe the TrueForest carbon offset analysis portal, the GeoHarmony mining exploration data tool, wildfire analysis engagements, shareholder meeting materials, governance notices and financing activity such as private placement announcements used for corporate expenses and new business opportunities.
Genesis AI (CSE:AIG, OTC:AIGFF) amended its non-brokered private placement, now targeting $120,000 in net proceeds at $0.05 per unit.
The company plans to issue up to 2.4 million units, each with one common share and a 36‑month warrant at $0.07, to fund G&A and new business opportunities.
Genesis AI (OTCQB: AIGFF) announced a non‑brokered private placement on April 9, 2026 to raise $120,000 by issuing up to 2 million units at $0.06 per unit. Each unit comprises one common share and one warrant exercisable at $0.10 for 24 months. Proceeds will fund general and administrative expenses and new business opportunities.
Genesis AI Corp (CSE: AIG) (OTCQB: AIGFF) has developed AI-driven solutions focusing on wildfire risk assessment and mineral exploration. The company's main platform, Wildfire Defense Solutions, uses AI and machine learning to create digital models of forests and communities, helping stakeholders make data-driven decisions in managing wildfire risks.
The company serves municipalities, insurance companies, and First Nations with wildfire prevention solutions, emphasizing pre-incident data analysis. In 2024, Canada lost 12.5 million acres to wildfires (2.7 million in BC), while 2023 saw 40 million acres burned (7.2 million in BC).
A 2024 report by the Canadian Association of Fire Chiefs revealed that only 18% of surveyed fire departments had adequate funding or equipment for wildfire fighting, with one-third lacking proper training or mutual aid agreement capabilities.
Genesis AI Corp (CSE: AIG) (OTCQB: AIGFF) announces its annual general and special meeting scheduled for December 19, 2024 at 10:00 a.m. Pacific Time. Due to a Canadian postal workers' strike, the company warns shareholders about potential delays in receiving meeting materials by mail. Shareholders of record as of November 14, 2024 can access meeting materials electronically through SEDAR+ and the company's website.
The proxy voting deadline is set for December 16, 2024 at 10:00 a.m. Registered shareholders can vote directly by proxy, while unregistered shareholders can vote through their intermediaries. If materials aren't received by mail, registered shareholders can contact Computershare Investor Services for their proxy form control number.
Genesis AI Corp. (CSE: AIG) (OTCQB: AIGFF) has launched Wildfire Defence Solutions Version 1.2, an enhanced wildfire management tool. This update integrates advanced machine learning and geospatial data to improve wildfire prevention and preparedness. Key features include:
1. Real-time weather data integration
2. GenAI layer for risk area identification
3. Improved map and table visualizations
4. Enhanced user control with AOI restrictions
5. Project list pagination and treatment unit updates
6. Improved Fire Danger Rating and Fire Weather Index
7. Custom domain setup for branded interfaces
8. Real-time API token management
These enhancements aim to help communities, governments, and developers manage wildfire risks more effectively and efficiently.
Genesis AI Corp. has launched Wildfire Defence Solutions, a new AI tool designed to help cities, towns, resorts, developers, and governments mitigate wildfire risks. The tool leverages GPT and machine learning to classify fuel types, map critical infrastructure, and prioritize treatment units, thus aiding in the creation of a resilient community. The software automates and updates Community Wildfire Protection Plans in real-time, offering various resolution services ranging from free satellite imagery to high-resolution drone-based LiDAR. The initiative aims to reduce the economic impact of wildfires, which costs the US between $87.4 and $427.8 billion annually.
The company also appointed Jordan Potts to the Board of Directors, bringing extensive public market experience, while Jeremy Wiebe transitions to the Advisory Board due to new professional obligations.
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