SASKATOON, Saskatchewan–(BUSINESS WIRE)–Gensource Potash Corporation (“Gensource” or the “Corporation”)
(TSX-V: GSP) announces that it has today granted 1,000,000 stock
options (”Options”) to a director of the Corporation. The Options were
granted under the Corporation’s Stock Option Plan and each Option
entitles the holder to acquire one common share at an exercise price of
$0.145 and are exercisable for a period of 5 years. This grant of
Options is subject to acceptance by the TSX Venture Exchange.
Gensource is based in Saskatoon, Saskatchewan and is focused on
developing the next potash production facility in that province, but a
project with a difference: small, scalable, highly efficient and
environmentally friendly. Gensource’s President and CEO, Mike Ferguson
P.Eng., has assembled a management and technical team with direct and
specific expertise and experience in potash development in Saskatchewan.
Neither TSX Venture Exchange nor its Regulation Services Provider
(as that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.
Gensource Potash Corporation:
Mike Ferguson, 306-974-6414