RICHMOND, BC, Jan. 26 /CNW/ - Further to its announcement on April 17, 2009 of a prospective qualifying transaction, Genius World Investments Limited (the "Company") (TSX-V: GNW.P) announces that the letter of intent dated March 24, 2009 with Nanjing Huade Storage Equipment Manufacturing Co., Ltd. has been terminated. The Company is in the process of securing an alternative suitable business acquisition.
The Company has made application to the Exchange for resumption in trading in its shares as a capital pool company.
ON BEHALF OF THE BOARD OF DIRECTORS
GENIUS WORLD INVESTMENTS LIMITED
President, Chief Executive Officer,
Chief Financial Officer & Director
The TSX Venture Exchange has in no way passed upon the merits of the proposed transaction and has neither approved or disapproved the contents of this press release.
SOURCE GENIUS WORLD INVESTMENTS LIMITED
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