Gensource Potash Announces Intention to Increase Capacity at its Tugaske Project

Author's Avatar
Jun 21, 2022

SASKATOON, Saskatchewan and London, U.K., June 21, 2022 – Gensource Potash Corporation (“Gensource” or the “Company”) (TSXV: GSP, AIM: GSP) announces today that its strategic investor and offtake partner, HELM AG and its subsidiary HELM Fertilizers (collectively, “HELM”), has furthered its commitment to the Company’s potash project located near Tugaske, Saskatchewan (the “Tugaske Project”). In the context of soaring fertilizer prices and constrained supply, particularly with respect to potash, the Company is pleased to have a partner that has the strategic vision to see the value proposition in Gensource’s business model. The specific points of additional support, subject to final documentation, are: