GeneNews Issues MCTO Update

TORONTO, May 11, 2016 (GLOBE NEWSWIRE) — GeneNews Limited (“GeneNews” or the “Company”) (TSX:GEN) announces that further to its application for a Management Cease Trade Order (“MCTO”), which was granted on March 29, 2016, the Company has been required to provide bi-weekly status reports in accordance with National Policy 12-203, until such time as the Company files its annual financial statements, management’s discussion and analysis, annual information form and the related officer certifications for the financial year ended December 31, 2015 (collectively, the “Annual Filings”).

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