Director Increases Ownership in GeneNews Limited

TORONTO, Sept. 19, 2016 (GLOBE NEWSWIRE) — GeneNews Limited: Mr. Rory Riggs, a director of GeneNews Limited (“GeneNews”) (TSX:GEN), announces that, pursuant to a private placement which took place on September 1, 2016 (the “Private Placement”), he, as an individual, personally acquired 2,500,00 units (“Units”) of GeneNews.  Each Unit is comprised of one common share (“Common Share”) and one-quarter of one common share purchase warrant (each whole common share purchase warrant, a “Warrant”).  Each Warrant will entitle the holder to acquire one common share (a “WarrantShare”) at a price per Warrant Share of CAD $0.50 for a period ending August 15, 2018.

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