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GENESIS AI CORP. CLOSES NON-BROKERED PRIVATE PLACEMENT

News Release - Kelowna, British Columbia -June 1, 2026, is pleased to announce that it has closed its previously announced non-brokered private placement (the "Offering").

Pursuant to the Offering, the Company issued an aggregate of 2,400,000 units (the "Units") at a price of $0.05 per Unit for gross proceeds of $120,000.

Each Unit consists of one common share of the Company and one common share purchase warrant (a "Warrant"). Each Warrant entitles the holder to acquire one additional common share of the Company at a price of $0.07 per share for a period of 36 months from the date of issuance.

The proceeds of the Offering will be used for general working capital and corporate purposes.

No finder's fees or commissions were paid in connection with the Offering.

Related Party Transaction

The Offering was completed with a single subscriber, RD Capital Inc., a company controlled by a director of the Company. Participation by RD Capital Inc. in the Offering constitutes a "related party transaction" within the meaning of Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions ("MI 61-101").

The Company relied on the exemptions from the formal valuation and minority shareholder approval requirements contained in Sections 5.5(a) and 5.7(1)(a) of MI 61-101, respectively, as neither the fair market value of the securities issued to RD Capital Inc., nor the consideration paid by RD Capital Inc. exceeded 25% of the Company's market capitalization.

All securities issued pursuant to the Offering are subject to a statutory hold period expiring four months and one day from the date of issuance, in accordance with applicable securities laws.

About Genesis AI Corp.

Genesis AI Corp. is pursuing opportunities in the precision geospatial, forestry analytics, and carbon sector through Ai. Woodlands.ai is a generative Ai natural resources model in development, building digital twins of real-world forests.

ON BEHALF OF THE BOARD

"Dev Randhawa"

Dev Randhawa, CEO

Forward-Looking Statements

Information set forth in this news release may involve forward-looking statements under applicable securities laws. The forward-looking statements contained herein are expressly qualified in their entirety by this cautionary statement. The forward-looking statements included in this document are made as of the date of this document and the Company disclaims any intention or obligation to update or revise any forward-looking statements, whether because of new information, future events or otherwise, except as expressly required by applicable securities legislation. Although management believes that the expectations represented in such forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct.

Disclaimer

Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this news release.

Not for distribution to U.S. newswire services or for release, publication, distribution or dissemination, directly or indirectly, in whole or in part, into the United States