GENERATIVE AI ANNOUNCES PROPOSED AMENDMENTS TO CERTAIN OUTSTANDING WARRANTS By Investing.com

VANCOUVER, BC, January 13, 2025 /PRNewswire/ – Generative AI Solutions Corp. (“GenAI” or “Company”) (CSE: AICO) (OTCQB: AICOF) announces that it is proposing to amend the terms of warrants to purchase 9,595,531 common shares (“Warranties“) in connection with a private placement financing issued by the Company that has closed June 6, 2023. The warrants were issued at an exercise price per share C$1.65 and is scheduled to expire June 6, 2025. The proposed changes will include the following (“Proposed Changes“). a) reduction of the exercise price to: 0.17 C$ per share issuable upon exercise of each Warrant; and (b) an extension of time to June 6, 2028.

The proposed amendments are subject to approval by the Canadian Securities Exchange (“CSE:Upon CSR’s approval, the Proposed Amendments will automatically become effective as of the new expiration date and time of the Warranties, unaltered by their original terms and conditions, none of the Warranties is beneficially owned, directly or indirectly, by GenAI’s affiliates, and the Warranties. none specified.The Proposed Amendments to the CSE do not apply to any warranty issued as compensation finders or agents.

Warrant holders may contact the Company at info@genai-solutions.com if they have any queries or wish to exercise their Warranties.The original certificate of Warranties along with the duly completed exercise form will be accepted along with payment. Generative AI Solutions Corp.In accordance with the instructions given in the certificate presenting the guarantees.

On behalf of the Council,

Patrick GrayCEO, Director and Chairman of the Board

Generative AI Solutions Corp.
Free North America+1-833-879-7632
Outside of North America+1-406-879-7632
info@genai-solutions.com
www.genai-solutions.com

Near Generative AI Solutions Corp.

GenAI is a pioneering artificial intelligence company focused on business development of vertically integrated AI solutions through its proprietary MAI Cloud™ platform, developing and commercializing AI-powered tools and solutions for businesses and consumers across multiple industries our mission is to harness the power of AI to create transformative products and services that benefit businesses and consumers across industries.Our team of talented AI professionals and engineers is dedicated to artificial​​​​​​ that redefine efficiency, productivity and user experience.

For more information about GenAI, visit www.genai-solutions.com.

Forward-Looking Information and Statements

This news release contains “forward-looking statements” within the meaning of applicable securities laws.All statements contained herein that are not expressly historical in nature may be forward-looking statements.

Generally, such forward-looking information or forward-looking statements may be identified by the use of forward-looking terminology such as “plans,” “expects,” “expects,” “budgets,” “estimates.” “, “anticipates”, “intends”, “expects” or “does not expect”, or “believes”, or variations of such words and expressions, or may contain announcements. that certain actions, events or results “may”, “may”, “will”, “may” or “will” occur, “continue”, “will” or “achieve”.

The forward-looking information contained in this news release is based on certain assumptions and expected future events, namely; the Company’s ability to continue to develop revenue-generating applications; Continuous approval of the company’s activities by the relevant state and/or regulatory bodies; and the continued growth of the company; and the Company’s ability to continue to satisfy CBA listing requirements.

These statements involve known and unknown risks, uncertainties and other factors that could cause actual results, performance or achievements to differ materially from those expressed or implied by such statements.Readers are cautioned not to place undue reliance on forward-looking statements, as they may not be a guarantee that the plans, intentions or expectations on which they are based will be realized. Such information, although reasonable at the time of preparation may be incorrect and actual results may differ materially from those anticipated.

Forward-looking statements contained in this news release are expressly qualified by this cautionary statement and reflect the Company’s expectations as of the date hereof and are subject to change thereafter. The Company undertakes no obligation to update or revise forward-looking statements, whether as a result of new information, estimates or opinions, future events or results. or otherwise, or to explain any material difference between actual future events and such forward-looking information, except as required by applicable law.

The Canadian Stock Exchange has not reviewed and is not responsible for the adequacy or accuracy of the content of this news release.