Genuine Success Global Limited acquired Oriental Non-Ferrous Resources Development Inc. (CNSX:URG) in a reverse merger transaction on September 10, 2015. Under the terms of the transaction, Oriental Non-Ferrous Resources Development (‘ONFRD') issued 75 million shares to the shareholders of Genuine Success Global Limited ('GSG') at CAD 0.27 per share for deemed consideration of CAD 20.3 million. On September 23, 2015, ONFRD completed a non-brokered private placement of CAD 0.64 million at a price of CAD 0.27 per share. A total of 2.4 million shares of the ONFRD were issued pursuant to the private placement subscription agreements. Upon completion of the acquisition, Genuine Success Global Limited became a wholly-owned subsidiary of Oriental Non-Ferrous Resources Development. The business and operations of Genuine Success Global Limited are being combined with those of Oriental Non-Ferrous Resources Development and will be managed concurrently.

Genuine Success Global Limited completed the acquisition of Oriental Non-Ferrous Resources Development Inc. (CNSX:URG) in a reverse merger transaction on September 10, 2015.