Mr. Charles Blair Wilson reports

GENESIS ACQUISITION CORP. ANNOUNCES CLOSING OF $300,000 PRIVATE PLACEMENT

Genesis Acquisition Corp. has successfully closed of its previously announced (Feb. 9, 2026) non-brokered private placement of 1.5 million common shares of the company at a price of 20 cents per share for aggregate gross proceeds of $300,000.

The company intends to use a portion of the net proceeds from the private placement to pay for costs associated with proceeding to completion of its previously announced qualifying transaction (as defined in the policy) with Nusa Nickel Corp. The company also anticipates loaning up to $150,000 of the proceeds of the private placement to Nusa. It is contemplated that the loan would bear interest at a rate of 8.5 per cent per annum, mature one year from the date the funds are advanced and be secured against the assets of Nusa. It is further anticipated that the loan would be forgiven in certain circumstances if the proposed qualifying transaction is not completed. The loan remains subject to the receipt of all requisite approvals, including the approval of the TSX Venture Exchange.

The offered shares are subject to a four-month-and-one-day hold period pursuant to securities laws in Canada and, where applicable, the policies of the TSX-V.

About Genesis Acquisition Corp.

The company is a capital pool company created pursuant to the policies of the TSX-V. It does not own any assets, other than cash or cash equivalents. The principal business of the company is to identify and evaluate opportunities for the acquisition of an interest in assets or businesses, and, once identified and evaluated, to negotiate an acquisition or participation subject to acceptance by the TSX-V so as to complete a qualifying transaction (as such term is defined in the policy) in accordance with the policies of the TSX-V.

We seek Safe Harbor.