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Gold 3,898.90 −3.3% Silver 49.28 −5.9% Copper 6.48 −1.8% Oil 104.12 +2.1% Palladium 987.70 −1.7% HCH 1.25 −3.9% CRD 0.040 −20.0% ENEV 0.005 +0.0% MOON 5.23 −7.9% ORE 2.56 −4.8% ASE 0.620 −14.5% LKY 0.005 + SOI 0.165 −5.7% ECR 0.190 −5.0% OZ 0.240 −9.4% ELEC 0.110 +4.8% WHY 0.260 −3.7% PHD 0.030 −33.3% OMI 0.220 −10.2% EML 0.105 +0.0% TECT 1.37 −2.8% Gold 3,898.90 −3.3% Silver 49.28 −5.9% Copper 6.48 −1.8% Oil 104.12 +2.1% Palladium 987.70 −1.7% HCH 1.25 −3.9% CRD 0.040 −20.0% ENEV 0.005 +0.0% MOON 5.23 −7.9% ORE 2.56 −4.8% ASE 0.620 −14.5% LKY 0.005 + SOI 0.165 −5.7% ECR 0.190 −5.0% OZ 0.240 −9.4% ELEC 0.110 +4.8% WHY 0.260 −3.7% PHD 0.030 −33.3% OMI 0.220 −10.2% EML 0.105 +0.0% TECT 1.37 −2.8%
M&A / Property Neutral

Genesis Acquisition Corp. Announces Amendment To Business Combination Agreement With Nusa Nickel Corp.

By The Northwire Desk — AI Analysis Jun 19, 2026 · 16:55 REBL · 0.02 NaN
REBL · Price

Executive Summary

  • Genesis Acquisition Corp. has entered into an amending agreement to extend the outside date for completing its previously announced business combination with Nusa Nickel Corp.
  • The deadline for transaction completion has been pushed from June 30, 2026, to August 31, 2026, with the parties targeting a third-quarter 2026 closing.
  • The Proposed Transaction remains contingent upon the satisfaction or waiver of all conditions precedent and the receipt of necessary regulatory and exchange approvals.

Key Details

  • Parties: Genesis Acquisition Corp. (Capital Pool Company, TSX.V: REBL.P) and Nusa Nickel Corp.
  • Transaction Type: Arm’s length business combination (previously announced Definitive Agreement)
  • Amendment Terms: Extends the outside date for completion from June 30, 2026, to August 31, 2026
  • Anticipated Closing: Third quarter of 2026
  • Conditions Precedent: Subject to satisfaction or waiver of conditions in the Definitive Agreement and receipt of all requisite approvals, including TSX Venture Exchange acceptance
  • Genesis Background: CPC that completed its IPO and listed on the TSX.V on November 1, 2019; had no active business operations prior to the proposed transaction
  • Nusa Nickel Background: North America's only revenue-generating nickel operator and licensed trader operating in Indonesia; focuses on responsible sourcing, production, and sale of lateritic nickel material, alongside third-party nickel ore trading
Read the original news release →

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Genesis Acquisition Corp. Announces Amendment to Business Combination Agreement with Nusa Nickel Corp.

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