GeoNovus announces that, further to its news releases dated July 18, 2014, August 8, 2014 and August 28, 2014, the Company completed its non-brokered private placement of 11,545,000 units at a price of $0.05 per Unit for gross proceeds of $577,250. Each Unit is comprised of one common share and one Share purchase warrant of the Company. Each Warrant will entitle the holder to purchase one Share (a "Warrant Share") at
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