Gensource Potash Announces Second and Final Closing of Non-Brokered Private Placement and TVR

Jan 27, 2023

Gensource Potash Corporation (“Gensource” or the “Company”) (AIM/TSXV: GSP), a fertilizer development company focused on sustainable potash production, announces that on January 26, 2023 it completed the second and final closing of its previously announced non-brokered private placement offering (the “Offering”) of (i) units of the Company (each a “Unit”) at a price of $0.15 per Unit; and (ii) common shares of the Company that are “flow-through shares” as defined in subsection 66(15) of the Income Tax Act (Canada) (each a “Flow Through Share”) at a price of $0.20per Flow Through Share.

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