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BRIEF-GeneNews announces repricing of GEM Warrants

June 12 GeneNews Ltd:

* Applied to TSX to amend exercise price of outstanding common share purchase warrants of co as issued to GEM Global Yield Fund LLC SCS

* Transaction will not materially affect control of corporation

* In connection with agreement with GEM, exercise price of GEM warrants would be amended from C$0.50 to C$0.20

* Proposed repricing of GEM warrants will not be effective until 10 business days after date hereof as GEM is not an insider of co Source text for Eikon: Further company coverage:

我们的标准: 汤森路透“信任原则

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