Pursuant to subsection 89(14) of the Income Tax Act (
Genesis is an integrated land developer and residential home builder with a strategy to grow its portfolio of well-located, entitled and unentitled primarily residential lands and serviced lots throughout the Calgary
www.genesisland.com
This press release contains statements relating to the special dividend which constitute forward looking statements or information ("forward-looking statements") within the meaning of applicable securities legislation. Although Genesis believes that the forward-looking statements are based upon reasonable assumptions and expectations, the reader should not place undue reliance on forward-looking statements because they involve assumptions, known and unknown risks, uncertainties and other factors many of which are beyond the Company's control. Factors that could cause actual results to differ materially from those set forth in the forward-looking statements include, but are not limited to, a change in Genesis' ability to pay a special divided resulting from the unanticipated impact of general economic conditions in
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