June 12 (Reuters) - GeneNews Ltd GEN.TO :
* Applied to TSX to amend exercise price of outstanding common share purchase warrants of co as issued to GEM Global Yield Fund LLC SCS
* Transaction will not materially affect control of corporation
* In connection with agreement with GEM, exercise price of GEM warrants would be amended from C$0.50 to C$0.20
* Proposed repricing of GEM warrants will not be effective until 10 business days after date hereof as GEM is not an insider of co Source text for Eikon: Further company coverage: GEN.TO