Gensource Potash Corporation (GSP)

Gensource Potash Provides Update on Tugaske Project as Partnership and Financing AdvanceJuly 13, 2026 7:00 AM
NewsfileSaskatoon, Saskatchewan--(Newsfile Corp. - July 13, 2026) - Gensource Potash Corporation (TSXV: GSP) (FSE: UGN) (OTC Pink: AGCCF) today provided a comprehensive update on the Technical Refresh workstreams for its now up-sized Tugaske Project ("Project" or "Tugaske"), confirming that all required disciplines are now fully engaged as the Company advances toward an updated NI 43-101 Technical Report.The Technical Refresh, which officially commenced in March 2026 (March 6, 2026 Technical Update news release), is progressing on multiple fronts to update the Tugaske Project to a minimum capacity of 500,000 metric tonnes per year—double the size of the original plan.Technical AdvancementsThe Company confirmed that the Technical Refresh is approximately 60% complete overall, with the engineering team and all disciplines actively working together in tandem. In geology, the final review and analysis of the 2023 Seismic program is complete, and the data is currently being incorporated into the geological model."We are executing on our technical workstreams with discipline and speed," said Mike Ferguson, President & CEO. "The integration of our 2023 seismic data is a critical step, and we are pleased that the updated internal resource estimate will be finalized shortly"The revised resource estimate will be released as part of a filed NI 43-101 Technical Report and associated disclosure. The solution mining design update has commenced, with limited changes from previous iterations. Reserve definition will be updated once the solution mining design is complete, with expectations for a significant increase in reserves as a direct result of the larger mining area and expanded production capacity specified for the Project Permitting, Logistics, and FinancingThe permitting process is also advancing in parallel with other workstreams. The team is actively working on a revised submission to the Saskatchewan Environmental Assessment and Stewardship Branch detailing the changes from the already-approved original Tugaske Project. Concurrently, transportation discussions are underway with West Coast port options under review.In a major step toward project financing, another delegation is scheduled to visit the Tugaske Project site in mid-July, furthering the due diligence process. The Technical Refresh will result in a revised NI 43-101 Technical Report, which will serve as the basis for project execution and the commitment of financing."Having financing partners visit the site is a natural and critical step in the due diligence process," Mr. Ferguson added. "The momentum we are building with our partners and the financial community reinforces our belief that Tugaske is the most advanced and compelling greenfield potash project available. Discussions on definitive agreements for full Tugaske Project development are underway, and finalization of those agreements remains contingent on the outcome of the updated NI 43-101 Technical Report and the associated financing."About Gensource: Gensource is a fertilizer development company based in Saskatoon, Saskatchewan and is on track to become the next fertilizer production company in that province. With a modular and environmentally leading approach to potash production, Gensource believes its technical and business model will be the future of the industry. Gensource operates under a business plan that has two key components: (1) vertical integration with the market to ensure that all production capacity built is directed, and pre-sold, to a specific market, eliminating market-side risk; and (2) technical innovation which will allow for a modular and economic potash production facility, that demonstrates environmental leadership within the industry, producing no salt tailings, therefore eliminating decommissioning.  For further information on Gensource Potash, please contact: Mike Ferguson - President & CEO
+1-306-974-6414 Further information on Gensource Potash Corporation can be found at www.gensourcepotash.ca.Neither the 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.Caution Regarding Forward-Looking StatementsThis news release may contain forward looking information and Gensource cautions readers that forward-looking information is based on certain assumptions and risk factors that could cause actual results to differ materially from the expectations of Gensource included in this news release. This news release includes certain "forward-looking statements", which often, but not always, can be identified by the use of words such as "believes", "anticipates", "expects", "estimates", "may", "could", "would", "will", or "plan". These statements are based on information currently available to Gensource and Gensource provides no assurance that the actual results will meet management's expectations.Forward looking statements include estimates and statements with respect to Gensource's future plans, objectives or goals, to the effect that Gensource or management expects a stated condition or result to occur, including any offering of securities by Gensource. Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results could differ materially from those currently anticipated in such statements for many reasons such as: failure to finance the Tugaske Project or other projects on terms which are economic or at all; failure to settle a definitive agreement with a party and advance and finance the Tugaske Project; changes in general economic conditions and conditions in the financial markets; the ability to find and source off-take agreements; changes in demand and prices for potash; litigation, legislative, environmental and other judicial, regulatory, political and competitive developments; technological and operational difficulties encountered in connection with Gensource's activities; and other matters discussed in this news release and in filings made with securities regulators. This list is not exhaustive of the factors that may affect any of Gensource's forward-looking statements. These and other factors should be considered carefully, and readers should not place undue reliance on Gensource's forward-looking statements. Gensource does not undertake to update any forward-looking statement that may be made from time to time by Gensource or on its behalf, except in accordance with applicable securities laws.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/304875 Original: Gensource Potash Provides Update on Tugaske Project as Partnership and Financing Advance

Gensource Potash Announces Retention of Fundamental Research Corp. for Long-Term Industry and Corporate Analysis and the Company's Next Presentation through the Emerging Growth PlatformJune 8, 2026 7:00 AM
NewsfileSaskatoon, Saskatchewan--(Newsfile Corp. - June 8, 2026) - Gensource Potash Corporation (TSXV: GSP) ("Gensource" or the "Company") today announced that it has engaged Fundamental Research Corp. ("Fundamental Research") to provide ongoing research coverage on the global potash industry and on Gensource's specific position within the sector. In addition, the Company announces that it will present at the next Emerging Growth Conference on Thursday June 11th at 15:40 Eastern time.With respect to Fundamental Research Corp., the 18-month engagement, with a total cost of CDN $32,500, will see Fundamental Research deliver regular, independent analysis including industry trends, market fundamentals, supply-demand dynamics, and corporate updates on Gensource's development and operational progress. This research is intended to support investor awareness and provide stakeholders with consistent, third-party insight into the potash market and Gensource's unique business model.Through this engagement, Fundamental Research Corp. will provide investors with high-quality, independent analysis accessible via major financial platforms including Bloomberg, Reuters, and Capital IQ. FRC's 23-year track record of ethical, value-based research on small-cap and industrial companies ensures that the investment community receives a transparent and technically rigorous assessment of Gensource's modular potash strategy and the broader fertilizer market. The 18-month program includes an initiating report with an Independent Analyst Rating, regular updates, and direct access to FRC's in-house analysts.Stakeholders are also invited to attend and ask questions during Gensource's presentation at the Emerging Growth Conference. Gensource will present at 15:40 Eastern time on Thursday, June 11, 2026. Stakeholders can provide the Company with questions in advance or send questions directly to questions@EmergingGrowth.com.If stakeholders are not able to join the event live on the day of the conference, an archived webcast will also be made available on EmergingGrowth.com and on the Emerging Growth YouTube Channel, http://www.YouTube.com/EmergingGrowthConference."As Gensource advances its modular, ESG-focused potash production strategy, it is increasingly important for investors and the broader market to have access to reliable, ongoing research," said Mike Ferguson, President & CEO of Gensource Potash. "Fundamental Research Corp. brings deep expertise in the resource sector, and this engagement will help tell the Gensource story with clarity and consistency over the next 18 months. Further, we look forward to welcoming you and your questions at the Emerging Growth Conference on Thursday June 11th."About the Emerging Growth Conference The Emerging Growth conference is an effective way for public companies to present and communicate their new products, services and other major announcements to the investment community from the convenience of their office, in a time efficient manner. The Conference focus and coverage includes companies in a wide range of growth sectors, with strong management teams, innovative products & services, focused strategy, execution, and the overall potential for long term growth. Its audience includes potentially tens of thousands of Individual and Institutional investors, as well as Investment advisors and analysts. All sessions will be conducted through video webcasts and will take place in the Eastern time zone. About Fundamental Research Corp.Fundamental Research Corp. is a recognized independent research firm specializing in small-cap and emerging growth companies, with a focus on mining, energy, and agriculture-related industries.About Gensource: Gensource is a fertilizer development company based in Saskatoon, Saskatchewan and is on track to become the next fertilizer production company in that province. With a modular and environmentally leading approach to potash production, Gensource believes its technical and business model will be the future of the industry. Gensource operates under a business plan that has two key components: (1) vertical integration with the market to ensure that all production capacity built is directed, and pre-sold, to a specific market, eliminating market-side risk; and (2) technical innovation which will allow for a modular and economic potash production facility, that demonstrates environmental leadership within the industry, producing no salt tailings, therefore eliminating decommissioning.For further information on Gensource Potash, please contact:Mike Ferguson - President & CEO+1-306-974-6414Further information on Gensource Potash Corporation can be found at www.gensourcepotash.ca.Neither the 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.Caution Regarding Forward-Looking Statements
This news release may contain forward-looking information and Gensource cautions readers that forward-looking information is based on certain assumptions and risk factors that could cause actual results to differ materially from the expectations of Gensource included in this news release. This news release includes certain "forward-looking statements", which often, but not always, can be identified by the use of words such as "believes", "anticipates", "expects", "estimates", "may", "could", "would", "will", or "plan". These statements are based on information currently available to Gensource and Gensource provides no assurance that the actual results will meet management's expectations.Forward-looking statements include estimates and statements with respect to Gensource's future plans, objectives or goals, to the effect that Gensource or management expects a stated condition or result to occur, including any offering of securities by Gensource. Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results could differ materially from those currently anticipated in such statements for many reasons such as: failure to finance the Tugaske Project or other projects on terms which are economic or at all; failure to settle a definitive agreement with a party and advance and finance the Tugaske Project; changes in general economic conditions and conditions in the financial markets; the ability to find and source off-take agreements; changes in demand and prices for potash; litigation, legislative, environmental and other judicial, regulatory, political and competitive developments; technological and operational difficulties encountered in connection with Gensource's activities; and other matters discussed in this news release and in filings made with securities regulators. This list is not exhaustive of the factors that may affect any of Gensource's forward-looking statements. These and other factors should be considered carefully, and readers should not place undue reliance on Gensource's forward-looking statements. Gensource does not undertake to update any forward-looking statement that may be made from time to time by Gensource or on its behalf, except in accordance with applicable securities laws.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/300472 Original: Gensource Potash Announces Retention of Fundamental Research Corp. for Long-Term Industry and Corporate Analysis and the Company's Next Presentation through the Emerging Growth Platform

Gensource Potash Announces Completion of Shares for Debt TransactionJune 2, 2026 7:00 PM
NewsfileSaskatoon, Saskatchewan--(Newsfile Corp. - June 2, 2026) - Gensource Potash Corporation (TSXV: GSP) ("Gensource" or the "Company"), a fertilizer development company focused on sustainable potash production, is pleased to announce that pursuant to debt settlement agreements previous announced on May 25, 2026 between the Company and four directors of the Company (the "Creditors"), the Company has issued 9,866,668 common shares in the capital stock of the Company ("Common Shares") at a deemed price of $0.15 per Common Share in full payment of $1,480,000 in outstanding unsecured, non-interest bearing promissory notes owing by the Company to the Creditors (the "Shares for Debt Transaction"). The issuance of the Common Shares to the Creditors, insiders of the Company, is considered a "related party transaction" within the meaning of Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions ("MI 61-101"). The Company is exempt from the formal valuation and minority shareholder approval requirements under MI 61-101 in reliance on the exemptions set out in sections 5.5(a) and 5.7(1)(a), respectively, of MI 61-101 as the fair market value of the transaction is not more than 25% of the Company's market capitalization. Mike Ferguson, President and CEO, said, "We are pleased to complete this transaction. Our directors' continued support and participation alongside shareholders reinforces confidence in the Company's strategy, momentum, and ability to deliver long-term value."The Common Shares were issued on a private placement basis and are subject to a four-month and a day hold period from the date of issuance in accordance with applicable securities laws. About Gensource:
Gensource is a fertilizer development company based in Saskatoon, Saskatchewan and is on track to become the next fertilizer production company in that province. With a modular and environmentally leading approach to potash production, Gensource believes its technical and business model will be the future of the industry. Gensource operates under a business plan that has two key components: (1) vertical integration with the market to ensure that all production capacity built is directed, and pre-sold, to a specific market, eliminating market-side risk; and (2) technical innovation which will allow for a modular and economic potash production facility, that demonstrates environmental leadership within the industry, producing no salt tailings, therefore eliminating decommissioning.For further information on Gensource Potash, please contact:
Mike Ferguson - President & CEO
+1-306-974-6414Further information on Gensource Potash Corporation can be found at www.gensourcepotash.caNeither the 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.Caution Regarding Forward-Looking StatementsThis news release may contain forward-looking information and Gensource cautions readers that forward-looking information is based on certain assumptions and risk factors that could cause actual results to differ materially from the expectations of Gensource included in this news release. This news release includes certain "forward-looking statements", which often, but not always, can be identified by the use of words such as "believes", "anticipates", "expects", "estimates", "may", "could", "would", "will", or "plan". These statements are based on information currently available to Gensource and Gensource provides no assurance that the actual results will meet management's expectations.Forward-looking statements include estimates and statements with respect to Gensource's future plans, objectives or goals, to the effect that Gensource or management expects a stated condition or result to occur, including any offering of securities by Gensource. Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results could differ materially from those currently anticipated in such statements for many reasons such as: failure to finance the Tugaske Project or other projects on terms which are economic or at all; failure to settle a definitive agreement with a party and advance and finance the Tugaske Project; changes in general economic conditions and conditions in the financial markets; the ability to find and source off-take agreements; changes in demand and prices for potash; litigation, legislative, environmental and other judicial, regulatory, political and competitive developments; technological and operational difficulties encountered in connection with Gensource's activities; and other matters discussed in this news release and in filings made with securities regulators. This list is not exhaustive of the factors that may affect any of Gensource's forward-looking statements. These and other factors should be considered carefully, and readers should not place undue reliance on Gensource's forward-looking statements. Gensource does not undertake to update any forward-looking statement that may be made from time to time by Gensource or on its behalf, except in accordance with applicable securities laws.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/299912 Original: Gensource Potash Announces Completion of Shares for Debt Transaction

Gensource Potash Announces Shares for Debt TransactionMay 25, 2026 7:00 AM
NewsfileSaskatoon, Saskatchewan--(Newsfile Corp. - May 25, 2026) - Gensource Potash Corporation (TSXV: GSP) ("Gensource" or the "Company"), a fertilizer development company focused on sustainable potash production, is pleased to announce that pursuant to debt settlement agreements between the Company and four directors of the Company (the "Creditors"), the Company has agreed to issue 9,866,668 common shares in the capital stock of the Company ("Common Shares") at a deemed price of $0.15 per Common Share in payment of $1,480,000 in outstanding unsecured, non-interest bearing promissory notes owing by the Company to the Creditors (the "Shares for Debt Transaction"). The issuance of the Common Shares to the Creditors, insiders of the Company, is considered a "related party transaction" within the meaning of Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions ("MI 61-101"). The Company is exempt from the formal valuation and minority shareholder approval requirements under MI 61-101 in reliance on the exemptions set out in sections 5.5(a) and 5.7(1)(a), respectively, of MI 61-101 as the fair market value of the transaction is not more than 25% of the Company's market capitalization. Mike Ferguson, President and CEO, said, "This debt settlement is a meaningful and constructive step for Gensource and its shareholders. It reflects the confidence our directors have in the Company's strategy and long-term potential, while also demonstrating strong alignment with shareholders through their continued support. Importantly, this Shares for Debt Transaction enhances our balance sheet and helps position Gensource for its next stage of development, including the anticipated full execution of the up-sized Tugaske Project."The Common Shares will be issued on a private placement basis and will be subject to a four-month hold period. The closing of the Shares for Debt Transaction remains subject to the approval of the TSX Venture Exchange. About Gensource:
Gensource is a fertilizer development company based in Saskatoon, Saskatchewan and is on track to become the next fertilizer production company in that province. With a modular and environmentally leading approach to potash production, Gensource believes its technical and business model will be the future of the industry. Gensource operates under a business plan that has two key components: (1) vertical integration with the market to ensure that all production capacity built is directed, and pre-sold, to a specific market, eliminating market-side risk; and (2) technical innovation which will allow for a modular and economic potash production facility, that demonstrates environmental leadership within the industry, producing no salt tailings, therefore eliminating decommissioning.For further information on Gensource Potash, please contact:
Mike Ferguson - President & CEO
+1-306-974-6414Further information on Gensource Potash Corporation can be found at www.gensourcepotash.ca.Neither the 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.Caution Regarding Forward-Looking StatementsThis news release may contain forward-looking information and Gensource cautions readers that forward-looking information is based on certain assumptions and risk factors that could cause actual results to differ materially from the expectations of Gensource included in this news release. This news release includes certain "forward-looking statements", which often, but not always, can be identified by the use of words such as "believes", "anticipates", "expects", "estimates", "may", "could", "would", "will", or "plan". These statements are based on information currently available to Gensource and Gensource provides no assurance that the actual results will meet management's expectations.Forward-looking statements include estimates and statements with respect to Gensource's future plans, objectives or goals, to the effect that Gensource or management expects a stated condition or result to occur, including any offering of securities by Gensource. Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results could differ materially from those currently anticipated in such statements for many reasons such as: failure to finance the Tugaske Project or other projects on terms which are economic or at all; failure to settle a definitive agreement with a party and advance and finance the Tugaske Project; changes in general economic conditions and conditions in the financial markets; the ability to find and source off-take agreements; changes in demand and prices for potash; litigation, legislative, environmental and other judicial, regulatory, political and competitive developments; technological and operational difficulties encountered in connection with Gensource's activities; and other matters discussed in this news release and in filings made with securities regulators. This list is not exhaustive of the factors that may affect any of Gensource's forward-looking statements. These and other factors should be considered carefully, and readers should not place undue reliance on Gensource's forward-looking statements. Gensource does not undertake to update any forward-looking statement that may be made from time to time by Gensource or on its behalf, except in accordance with applicable securities laws.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/298709 Original: Gensource Potash Announces Shares for Debt Transaction

Gensource Potash Provides Operational Update: Expanded Engineering Scope, ASEAN Partner Delegation Visit, and Upcoming Meetings around Defense Forum in TorontoMay 20, 2026 7:00 AM
NewsfileSaskatoon, Saskatchewan--(Newsfile Corp. - May 20, 2026) - Gensource Potash Corporation (TSXV: GSP) (FSE: UGN) ("Gensource" or the "Company"), a fertilizer development company focused on sustainable potash production, is pleased to provide an operational update regarding its engineering activities, international engagement, and upcoming industry participation.Engineering Update - Expanded Scope to Capitalize on Global Market Dynamics
Further to the Company's previous announcement, Gensource confirms that its ongoing engineering work ("Technical Update") has been strategically modified to increase scope. These enhancements are designed to take advantage of current global events reshaping the potash (and broader fertilizer) industry, positioning Gensource and its ASEAN Partner to respond to shifting supply-demand fundamentals and emerging opportunities. Despite the expanded mandate, the Technical Update remains on track for completion by late summer 2026. The team involved in the Technical Update continues to expand to include all required expertise for the anticipated updated NI 43-101 Technical Report: mining, transportation and logistics, environmental assessment and permitting, construction and constructability and other subject matter experts.Hosting of ASEAN Partner
During the week of May 3, 2026, Gensource was pleased to host its ASEAN Partner at its Saskatchewan operations. Meetings focused on provincial, federal, and local government engagement, highlighting the collaborative framework supporting responsible potash development in Canada. The delegation completed a full site tour and also enjoyed a tour of a typical Saskatchewan farming operation, providing valuable insight into North American agricultural practices and the critical role of potash in global food security. The ASEAN Partner is engaged in the Technical Update work at a very detailed level. Middle East Conflict - Potash Market Anomaly
According to Argus Media's Fertilizer Matters - May 10, 2026, the Middle East conflict is demonstrating a surprising trend: potash demand is rising despite the ongoing war, which defies historical market behavior. The current anomaly can be explained by the fact that global potash prices were rising prior to the onset of the war on Iran and continue to rise. However, the current rise in price is not as extreme as the price spikes of nitrogen and phosphates. Farmers and buyers continue to purchase potash precisely because it's relatively less expensive — a counterintuitive survival strategy in a disrupted market. With affordability of potash being higher amongst the three key nutrients (N, P and K), potash has not seen demand destruction as has nitrogen and phosphate. Historically, in a price spike environment, potash is generally the first to see demand destruction. According to Argus, the biggest risk to potash is not the war itself - it is sustained high energy prices. High energy prices drive up shipping costs and supply chain instability, risks that potash (like all other commodity markets) cannot escape forever. Upcoming Participation - Critical Minerals for Defense Forum
Gensource confirms its planned attendance around the Critical Minerals for Defense Forum, taking place June 9-10, 2026, in Toronto, ON. While not directly engaged in the defense industry, the Company looks forward to engaging with financing groups and industry and government stakeholders on the role of sustainable, Canadian-sourced potash as a strategic mineral in the context of supply chain resilience.About Gensource:
Gensource is a fertilizer development company based in Saskatoon, Saskatchewan and is on track to become the next fertilizer production company in that province. With a modular and environmentally leading approach to potash production, Gensource believes its technical and business model will be the future of the industry. Gensource operates under a business plan that has two key components: (1) vertical integration with the market to ensure that all production capacity built is directed, and pre-sold, to a specific market, eliminating market-side risk; and (2) technical innovation which will allow for a modular and economic potash production facility, that demonstrates environmental leadership within the industry, producing no salt tailings, therefore eliminating decommissioning. For further information on Gensource Potash, please contact:
Mike Ferguson - President & CEO+1-306-974-6414 Further information on Gensource Potash Corporation can be found at www.gensourcepotash.ca.Neither the 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.Caution Regarding Forward-Looking Statements
This news release may contain forward-looking information and Gensource cautions readers that forward-looking information is based on certain assumptions and risk factors that could cause actual results to differ materially from the expectations of Gensource included in this news release. This news release includes certain "forward-looking statements", which often, but not always, can be identified by the use of words such as "believes", "anticipates", "expects", "estimates", "may", "could", "would", "will", or "plan". These statements are based on information currently available to Gensource and Gensource provides no assurance that the actual results will meet management's expectations.Forward-looking statements include estimates and statements with respect to Gensource's future plans, objectives or goals, to the effect that Gensource or management expects a stated condition or result to occur, including any offering of securities by Gensource. Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results could differ materially from those currently anticipated in such statements for many reasons such as: failure to finance the Tugaske Project or other projects on terms which are economic or at all; failure to settle a definitive agreement with a party and advance and finance the Tugaske Project; changes in general economic conditions and conditions in the financial markets; the ability to find and source off-take agreements; changes in demand and prices for potash; litigation, legislative, environmental and other judicial, regulatory, political and competitive developments; technological and operational difficulties encountered in connection with Gensource's activities; and other matters discussed in this news release and in filings made with securities regulators. This list is not exhaustive of the factors that may affect any of Gensource's forward-looking statements. These and other factors should be considered carefully, and readers should not place undue reliance on Gensource's forward-looking statements. Gensource does not undertake to update any forward-looking statement that may be made from time to time by Gensource or on its behalf, except in accordance with applicable securities laws.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/298176 Original: Gensource Potash Provides Operational Update: Expanded Engineering Scope, ASEAN Partner Delegation Visit, and Upcoming Meetings around Defense Forum in Toronto

Gensource Potash Corporation Announces Granting of Stock OptionsMay 11, 2026 7:00 PM
NewsfileSaskatoon, Saskatchewan--(Newsfile Corp. - May 11, 2026) - Gensource Potash Corporation (TSXV: GSP) ("Gensource" or the "Company"), a fertilizer development company focused on sustainable potash production, announces that it has granted an aggregate of 10,000,000 stock options to certain directors, senior officers and consultants of the Corporation, at an exercise price of $0.165 per share and are exercisable for a period of 5 years. The options were granted under the Company's stock option plan and each stock option entitles the holder to acquire one common share of the Company. This grant of options remains subject to acceptance by the TSX Venture Exchange.About Gensource:
Gensource is a fertilizer development company based in Saskatoon, Saskatchewan and is on track to become the next fertilizer production company in that province. With a modular and environmentally leading approach to potash production, Gensource believes its technical and business model will be the future of the industry. Gensource operates under a business plan that has two key components: (1) vertical integration with the market to ensure that all production capacity built is directed, and pre-sold, to a specific market, eliminating market-side risk; and (2) technical innovation which will allow for a modular and economic potash production facility, that demonstrates environmental leadership within the industry, producing no salt tailings, therefore eliminating decommissioning.For further information on Gensource Potash, please contact:
Mike Ferguson - President & CEO
+1-306-974-6414Further information on Gensource Potash Corporation can be found at www.gensourcepotash.caNeither the 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.Caution Regarding Forward-Looking Statements
This news release may contain forward looking information and Gensource cautions readers that forward-looking information is based on certain assumptions and risk factors that could cause actual results to differ materially from the expectations of Gensource included in this news release. This news release includes certain "forward-looking statements", which often, but not always, can be identified by the use of words such as "believes", "anticipates", "expects", "estimates", "may", "could", "would", "will", or "plan". These statements are based on information currently available to Gensource and Gensource provides no assurance that the actual results will meet management's expectations.Forward looking statements include estimates and statements with respect to Gensource's future plans, objectives or goals, to the effect that Gensource or management expects a stated condition or result to occur, including any offering of securities by Gensource. Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results could differ materially from those currently anticipated in such statements for many reasons such as: failure to finance the Tugaske Project or other projects on terms which are economic or at all; failure to settle a definitive agreement with a party and advance and finance the Tugaske Project; changes in general economic conditions and conditions in the financial markets; the ability to find and source off-take agreements; changes in demand and prices for potash; litigation, legislative, environmental and other judicial, regulatory, political and competitive developments; technological and operational difficulties encountered in connection with Gensource's activities; and other matters discussed in this news release and in filings made with securities regulators. This list is not exhaustive of the factors that may affect any of Gensource's forward-looking statements. These and other factors should be considered carefully, and readers should not place undue reliance on Gensource's forward-looking statements. Gensource does not undertake to update any forward-looking statement that may be made from time to time by Gensource or on its behalf, except in accordance with applicable securities laws.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/297027 Original: Gensource Potash Corporation Announces Granting of Stock Options

Gensource Potash Announces Engagement of Investor Relations FirmApril 30, 2026 7:30 PM
NewsfileSaskatoon, Saskatchewan--(Newsfile Corp. - April 30, 2026) - Gensource Potash Corporation (TSXV: GSP) ("Gensource" or the "Company"), a fertilizer development company focused on sustainable potash production, announces that it has entered into an agreement dated April 15, 2026 with Global Discovery Group, Inc. ("GDG") to provide investor relations services to Gensource. Specifically, GDG is providing Gensource with the opportunity to present at the Emerging Growth Conference hosted by GDG on May 6, 2026 and potentially at other upcoming GDG events. GDG has also arranged for the preparation of a research report regarding the Company. In consideration for the services provided by GDG, Gensource has paid GDG a fee of US$7,500, plus taxes. There will be no other ongoing services provided by GDG to Gensource.GDG is an international business-consulting firm founded in 2003. It organizes the Emerging Growth Conference where companies can provide presentations and other information to the investment community.About Gensource:
Gensource is a fertilizer development company based in Saskatoon, Saskatchewan and is on track to become the next fertilizer production company in that province. With a modular and environmentally leading approach to potash production, Gensource believes its technical and business model will be the future of the industry. Gensource operates under a business plan that has two key components: (1) vertical integration with the market to ensure that all production capacity built is directed, and pre-sold, to a specific market, eliminating market-side risk; and (2) technical innovation which will allow for a modular and economic potash production facility, that demonstrates environmental leadership within the industry, producing no salt tailings, therefore eliminating decommissioning. For further information on Gensource Potash, please contact:
Mike Ferguson – President & CEO
+1-306-974-6414Further information on Gensource Potash Corporation can be found at www.gensourcepotash.caNeither the 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.Caution Regarding Forward-Looking StatementsThis news release may contain forward-looking information and Gensource cautions readers that forward-looking information is based on certain assumptions and risk factors that could cause actual results to differ materially from the expectations of Gensource included in this news release. This news release includes certain "forward-looking statements", which often, but not always, can be identified by the use of words such as "believes", "anticipates", "expects", "estimates", "may", "could", "would", "will", or "plan". These statements are based on information currently available to Gensource and Gensource provides no assurance that the actual results will meet management's expectations.Forward looking statements include estimates and statements with respect to Gensource's future plans, objectives or goals, to the effect that Gensource or management expects a stated condition or result to occur, including any offering of securities by Gensource. Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results could differ materially from those currently anticipated in such statements for many reasons such as: failure to finance the Tugaske Project or other projects on terms which are economic or at all; failure to settle a definitive agreement with a party and advance and finance the Tugaske Project; changes in general economic conditions and conditions in the financial markets; the ability to find and source off-take agreements; changes in demand and prices for potash; litigation, legislative, environmental and other judicial, regulatory, political and competitive developments; technological and operational difficulties encountered in connection with Gensource's activities; and other matters discussed in this news release and in filings made with securities regulators. This list is not exhaustive of the factors that may affect any of Gensource's forward-looking statements. These and other factors should be considered carefully, and readers should not place undue reliance on Gensource's forward-looking statements. Gensource does not undertake to update any forward-looking statement that may be made from time to time by Gensource or on its behalf, except in accordance with applicable securities laws.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/295375
Original: Gensource Potash Announces Engagement of Investor Relations Firm

Gensource Potash Corporation to Present on the Emerging Growth Conference on Wednesday May 6, 2026.April 24, 2026 7:00 AM
NewsfileSaskatoon, Saskatchewan--(Newsfile Corp. - April 24, 2026) - Gensource Potash Corporation (TSXV: GSP) ("Gensource" or the "Company"), a fertilizer development company focused on sustainable potash production, is pleased to announce that it has been invited to present on the Emerging Growth Conference on May 6, 2026. Gensource invites individual and institutional investors as well as advisors and analysts, to attend its real-time, interactive presentation on the Emerging Growth Conference. This live, interactive online event will give existing shareholders and the investment community the opportunity to interact with the Company's CEO - Mike Ferguson. Gensource will be presenting at 9:40 am to 10:10 am Eastern Time on May 6, 2026. Mr. Ferguson will provide a presentation and may subsequently open the floor for questions. Please submit your questions in advance to Questions@EmergingGrowth.com or ask your questions during the event and Mr. Ferguson will do his best to get through as many of them as possible. Please register here to ensure you are able to attend the conference and receive any updates that are released. https://goto.webcasts.com/starthere.jsp?ei=1755070&tp_key=280dc3ffe3&sti=gsp If attendees are not able to join the event live on the day of the conference, an archived webcast will also be made available on EmergingGrowth.com and on the Emerging Growth YouTube Channel, http://www.YouTube.com/EmergingGrowthConference. We will release a link after the event. About the Emerging Growth Conference The Emerging Growth conference is an effective way for public companies to present and communicate their new products, services and other major announcements to the investment community from the convenience of their office, in a time efficient manner. The Conference focus and coverage includes companies in a wide range of growth sectors, with strong management teams, innovative products & services, focused strategy, execution, and the overall potential for long term growth. Its audience includes potentially tens of thousands of Individual and Institutional investors, as well as Investment advisors and analysts. All sessions will be conducted through video webcasts and will take place in the Eastern time zone. About Gensource: Gensource is a fertilizer development company based in Saskatoon, Saskatchewan and is on track to become the next fertilizer production company in that province. With a modular and environmentally leading approach to potash production, Gensource believes its technical and business model will be the future of the industry. Gensource operates under a business plan that has two key components: (1) vertical integration with the market to ensure that all production capacity built is directed, and pre-sold, to a specific market, eliminating market-side risk; and (2) technical innovation which will allow for a modular and economic potash production facility, that demonstrates environmental leadership within the industry, producing no salt tailings, therefore eliminating decommissioning. For further information on Gensource Potash, please contact:Mike Ferguson - President & CEO+1-306-974-6414 Further information on Gensource Potash Corporation can be found at www.gensourcepotash.caNeither the 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.Caution Regarding Forward-Looking StatementsThis news release may contain forward looking information and Gensource cautions readers that forward-looking information is based on certain assumptions and risk factors that could cause actual results to differ materially from the expectations of Gensource included in this news release. This news release includes certain "forward-looking statements", which often, but not always, can be identified by the use of words such as "believes", "anticipates", "expects", "estimates", "may", "could", "would", "will", or "plan". These statements are based on information currently available to Gensource and Gensource provides no assurance that the actual results will meet management's expectations.Forward looking statements include estimates and statements with respect to Gensource's future plans, objectives or goals, to the effect that Gensource or management expects a stated condition or result to occur, including any offering of securities by Gensource. Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results could differ materially from those currently anticipated in such statements for many reasons such as: failure to finance the Tugaske Project or other projects on terms which are economic or at all; failure to settle a definitive agreement and advance and finance the Tugaske Project; changes in general economic conditions and conditions in the financial markets; the ability to find and source off-take agreements; changes in demand and prices for potash; litigation, legislative, environmental and other judicial, regulatory, political and competitive developments; technological and operational difficulties encountered in connection with Gensource's activities; and other matters discussed in this news release and in filings made with securities regulators. This list is not exhaustive of the factors that may affect any of Gensource's forward-looking statements. These and other factors should be considered carefully, and readers should not place undue reliance on Gensource's forward-looking statements. Gensource does not undertake to update any forward-looking statement that may be made from time to time by Gensource or on its behalf, except in accordance with applicable securities laws.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/294110
Original: Gensource Potash Corporation to Present on the Emerging Growth Conference on Wednesday May 6, 2026.

Gensource Potash Announces First Closing of Private Placement Offering of UnitsApril 9, 2026 7:00 AM
NewsfileSaskatoon, Saskatchewan--(Newsfile Corp. - April 9, 2026) - Gensource Potash Corporation (TSXV: GSP) ("Gensource" or the "Company"), a fertilizer development company focused on sustainable potash production, is pleased to announce the first closing of a private placement offering of units ("Units") of the Company at a price of $0.15 per Unit (the "Offering"). Each Unit consists of one common share in the capital stock of the Company (a "Common Share") and one Common Share purchase warrant of the Company (a "Warrant"). Each Warrant is exercisable for one Common Share (a "Warrant Share") at an exercise price of $0.25 per Warrant Share for a period of 18 months following the date of issuance, subject to the Call Right of the Company described below. The Company anticipates holding a second closing of the Offering in the coming days.At the first closing of the Offering, the Company issued 9,598,500 Units for aggregate gross proceeds of $1,439,775.00. The Common Shares and Warrants comprising the Units issued pursuant to the Offering are subject to a statutory hold period of four months and a day from the date of issuance.In the event that the Common Shares have a closing price on the TSX Venture Exchange, or other exchange on which they may be traded, at or exceeding $0.30 per Common Share for ten (10) consecutive trading days, the Company reserves the right to call the Warrants at their exercise price of $0.25 per Warrant (the "Call Right"). If the Company wishes to exercise its Call Right, the Company must provide written notice to the holders of the Warrants that it is calling the Warrants. Warrant holders will have thirty (30) days from the date of such notice to exercise the Warrants and, in the event that any Warrants are not exercised, such Warrants shall be cancelled. The Company intends to use the net proceeds from the sale of the Units to support its previously announced transaction with a large and diversified Southeast Asian conglomerate and for general corporate purposes. "We are very pleased to have completed the first tranche of this financing, a meaningful milestone that strengthens Gensource's balance sheet and reinforces our strategic momentum. The proceeds from this closing, together with our anticipated second tranche, will allow us to continue advancing our previously announced partnership in Southeast Asia and our shared commitment to sustainable potash development. In addition, the funds will support ongoing work toward a Final Investment Decision (FID). I would like to thank our team and financial partners for their continued support as we position the Company to execute on our strategy and create long-term value for all stakeholders," said Mike Ferguson.In consideration for their services, certain persons (each, a "Finder") received a cash commission equal to 6% of the gross proceeds of the Common Shares sold buy such Finder and compensation warrants to purchase Common Shares equal to 6% of the total number of Units sold by such Finder, exercisable for 18 months from the first closing date at $0.15 per common share (the "Broker Warrants"). The Broker Warrants are subject to the same Call Right of the Company as the Warrants, as described above. At the first closing of the Offering, the Company paid $86,386.50 in cash commissions and issued 575,910 Broker Warrants.The first closing of the Offering remains subject to the final approval of the TSX Venture Exchange.About Gensource:
Gensource is a fertilizer development company based in Saskatoon, Saskatchewan and is on track to become the next fertilizer production company in that province. With a modular and environmentally leading approach to potash production, Gensource believes its technical and business model will be the future of the industry. Gensource operates under a business plan that has two key components: (1) vertical integration with the market to ensure that all production capacity built is directed, and pre-sold, to a specific market, eliminating market-side risk; and (2) technical innovation which will allow for a modular and economic potash production facility, that demonstrates environmental leadership within the industry, producing no salt tailings, therefore eliminating decommissioning.For further information on Gensource Potash, please contact:
Mike Ferguson - President & CEO
+1-306-974-6414Further information on Gensource Potash Corporation can be found at www.gensourcepotash.caNeither the 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.Caution Regarding Forward-Looking StatementsThis news release may contain forward-looking information and Gensource cautions readers that forward-looking information is based on certain assumptions and risk factors that could cause actual results to differ materially from the expectations of Gensource included in this news release. This news release includes certain "forward-looking statements", which often, but not always, can be identified by the use of words such as "believes", "anticipates", "expects", "estimates", "may", "could", "would", "will", or "plan". These statements are based on information currently available to Gensource and Gensource provides no assurance that the actual results will meet management's expectations.Forward-looking statements include estimates and statements with respect to Gensource's future plans, objectives or goals, to the effect that Gensource or management expects a stated condition or result to occur, including any offering of securities by Gensource. Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results could differ materially from those currently anticipated in such statements for many reasons such as: failure to finance the Tugaske Project or other projects on terms which are economic or at all; failure to settle a definitive agreement with a party and advance and finance the Tugaske Project; changes in general economic conditions and conditions in the financial markets; the ability to find and source off-take agreements; changes in demand and prices for potash; litigation, legislative, environmental and other judicial, regulatory, political and competitive developments; technological and operational difficulties encountered in connection with Gensource's activities; and other matters discussed in this news release and in filings made with securities regulators. This list is not exhaustive of the factors that may affect any of Gensource's forward-looking statements. These and other factors should be considered carefully, and readers should not place undue reliance on Gensource's forward-looking statements. Gensource does not undertake to update any forward-looking statement that may be made from time to time by Gensource or on its behalf, except in accordance with applicable securities laws.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/291739
Original: Gensource Potash Announces First Closing of Private Placement Offering of Units

Gensource Potash Corporation Announces Initiation of Tugaske Project Technical UpdateMarch 6, 2026 7:00 AM
NewsfileSaskatoon, Saskatchewan--(Newsfile Corp. - March 6, 2026) - Gensource Potash Corporation (TSXV: GSP) ("Gensource" or the "Company"), a fertilizer development company focused on a sustainable and modular approach to potash production, is pleased to announce the formal kick-off of Technical Update work on the Company's Tugaske Project.In a news release issued February 9, 2026, the Company announced the completion of an exclusivity agreement ("EA") with a large and diversified Southeast Asian conglomerate ("ASEAN Partner") with respect to the Company's Tugaske Project (the "Project" or "Tugaske"). Under the terms of the EA, the ASEAN Partner is committed to fund the Technical Update - a defined engineering scope of work aimed at updating technical details of the Project to match the ASEAN Partner's investment requirements. The update will also refresh construction and operating cost estimates and develop capital budgets for a minimum 500,000 metric tonnes per year facility - double the size of the original Tugaske Project.Gensource is pleased to announce that the Technical Update work is now underway. The Technical Update work has been scoped by Gensource and will be supervised by a team comprising personnel from both Gensource and the ASEAN Partner. The engineering work will be led by a local Saskatoon engineering firm and the team will include several other local engineering, environmental, geology and other firms that are subject matter experts in various aspects of the Project. Completion of the Technical Update is expected to take several months and will proceed in parallel with the ASEAN Partner Project due diligence and Project financing work. The Technical Update will result in a revised NI 43-101 Technical Report which will serve as the basis for both the commitment of financing and for Project execution. The revised NI 43-101 Technical Report will cover all aspects of the Project from Mineral Resource and Reserve, well field plan, processing, transportation and logistics, as well as all required utilities and infrastructure to enable operation of the production facility.To reiterate the February 9, 2026 news release, the EA establishes a framework for a comprehensive partnership that will combine a long-term supply agreement, brought to the project by the ASEAN Partner, with a proposed investment structure to fully fund the construction and commissioning of the Tugaske Project. Management Commentary:Mike Ferguson, President & CEO of Gensource commented, "Gensource and our ASEAN Partner have moved quickly to convert the momentum of completing the EA into advancement of the Project. To have the Technical Update be initiated within weeks of the EA demonstrates the genuine focus and dedication of all parties to move pre-investment Tugaske work ahead briskly. Management of the Company believes that Tugaske is the most advanced greenfield potash project available anywhere and has the potential to be implemented quickly and efficiently. Both Parties are focused on maintaining this momentum into the next steps required to reach a final investment decision on the Project." About Gensource Potash Corporation:For further information on Gensource Potash Corporation, please contact:Mike Ferguson - President & CEO+1-306-974-6414 Further information on Gensource Potash Corporation can be found at www.gensourcepotash.caNeither the 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.Caution Regarding Forward-Looking Statements
This news release may contain forward looking information and Gensource cautions readers that forward-looking information is based on certain assumptions and risk factors that could cause actual results to differ materially from the expectations of Gensource included in this news release. This news release includes certain "forward-looking statements", which often, but not always, can be identified by the use of words such as "believes", "anticipates", "expects", "estimates", "may", "could", "would", "will", or "plan". These statements are based on information currently available to Gensource and Gensource provides no assurance that the actual results will meet management's expectations.Forward-looking statements include estimates and statements with respect to Gensource's future plans, objectives or goals, to the effect that Gensource or management expects a stated condition or result to occur, including any offering of securities by Gensource. Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results could differ materially from those currently anticipated in such statements for many reasons such as: failure to finance the Tugaske Project or other projects on terms which are economic or at all; failure to settle a definitive joint venture agreement with a party and advance and finance the Tugaske Project; changes in general economic conditions and conditions in the financial markets; the ability to find and source off-take agreements; changes in demand and prices for potash; litigation, legislative, environmental and other judicial, regulatory, political and competitive developments; technological and operational difficulties encountered in connection with Gensource's activities; and other matters discussed in this news release and in filings made with securities regulators. This list is not exhaustive of the factors that may affect any of Gensource's forward-looking statements. These and other factors should be considered carefully, and readers should not place undue reliance on Gensource's forward-looking statements. Gensource does not undertake to update any forward-looking statement that may be made from time to time by Gensource or on its behalf, except in accordance with applicable securities laws.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/286471
Original: Gensource Potash Corporation Announces Initiation of Tugaske Project Technical Update

Gensource Potash Corporation Announces Next Milestone on the Tugaske ProjectFebruary 9, 2026 7:00 AM
NewsfileSaskatoon, Saskatchewan--(Newsfile Corp. - February 9, 2026) - Gensource Potash Corporation (TSXV: GSP) ("Gensource" or the "Company"), a fertilizer development company focused on a sustainable and modular approach to potash production, is pleased to announce the next strategic milestone for its 100% owned Tugaske Project ("Tugaske") located in Saskatchewan. The Company has executed an Exclusivity Agreement ("EA") with respect to the Tugaske Project with a large and diversified ASEAN conglomerate ("ASEAN Partner"). The EA establishes a framework for a comprehensive partnership that would combine a long-term supply agreement, brought to the project by the ASEAN Partner, with a proposed investment structure to fully fund the construction and commissioning of the Tugaske Project. The completion of the EA represents the next step in realization of Gensource's direct-to-market strategy and its goal to create bespoke and independent supply chains for potash through the development of its unique modular production approach.Strategic Highlights:Project Funding Structure: The EA contemplates investment at the asset level sufficient to fund the Tugaske Project through procurement, construction, commissioning, and startup at a target production capacity of 500,000 t/a.Alignment with Food Security: The agreement is strategically aligned with Gensource's objectives of enhancing regional food security through a secure supply chain of potash from an economic, safe and environmentally responsible Canadian source.Path to Final Investment Decision: The execution of definitive agreements pursuant to the EA is subject to the ASEAN Partner's completion of a detailed due diligence process and a Tugaske Project Technical Update, an engineering scope of work that will update technical details of the project to match ASEAN Partner requirements and update costs and construction budgets for a minimum 500,000 t/a facility. The process is intended to lead to definitive, binding agreements and a Final Investment Decision ("FID") by all parties. Gensource is fully engaged in facilitating and managing this comprehensive review and update.The EA entered into by Gensource was negotiated with the ASEAN Partner following an initial due diligence process and grants exclusive negotiation rights for the ASEAN Partner to ultimately develop Tugaske. The ASEAN Partner is committed to fund the Technical Update phase of work leading to FID.Management Commentary:"We are extremely encouraged to have reached this strategic milestone with our ASEAN Partner, based on alignment on the issues of food security and environmental sustainability," said Mike Ferguson, President & CEO of Gensource. "The framework for a 500,000 t/a facility underscores the scalability and credibility of the Tugaske Project.""This proposed agreement goes beyond a typical sales contract," added Stephen Dyer, Chairman of the Gensource Board of Directors. "The supply volume of 500,000 t/a represents a cornerstone commitment for our modular project and validates our model. We welcome the detailed due diligence process and look forward to demonstrating the robustness of the Tugaske Project as we complete the Technical Update and work towards definitive agreements."Next Steps:The Company will work closely with the ASEAN Partner to support the detailed due diligence process, while managing the Technical Update work, which is critical to reaching FID for the Tugaske Project. Progress updates will be provided as material developments occur. The focus remains on reaching FID for the Tugaske Project.About Gensource Potash Corporation:For further information on Gensource Potash Corporation, please contact:
 
Mike Ferguson - President & CEO+1-306-974-6414 Further information on Gensource Potash Corporation can be found at www.gensourcepotash.caNeither the 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.Caution Regarding Forward-Looking StatementsThis news release may contain forward looking information and Gensource cautions readers that forward-looking information is based on certain assumptions and risk factors that could cause actual results to differ materially from the expectations of Gensource included in this news release. This news release includes certain "forward-looking statements", which often, but not always, can be identified by the use of words such as "believes", "anticipates", "expects", "estimates", "may", "could", "would", "will", or "plan". These statements are based on information currently available to Gensource and Gensource provides no assurance that the actual results will meet management's expectations.Forward looking statements include estimates and statements with respect to Gensource's future plans, objectives or goals, to the effect that Gensource or management expects a stated condition or result to occur, including any offering of securities by Gensource. Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results could differ materially from those currently anticipated in such statements for many reasons such as: failure to finance the Tugaske Project or other projects on terms which are economic or at all; failure to settle a definitive joint venture agreement with a party and advance and finance the Tugaske Project; changes in general economic conditions and conditions in the financial markets; the ability to find and source off-take agreements; changes in demand and prices for potash; litigation, legislative, environmental and other judicial, regulatory, political and competitive developments; technological and operational difficulties encountered in connection with Gensource's activities; and other matters discussed in this news release and in filings made with securities regulators. This list is not exhaustive of the factors that may affect any of Gensource's forward-looking statements. These and other factors should be considered carefully, and readers should not place undue reliance on Gensource's forward-looking statements. Gensource does not undertake to update any forward-looking statement that may be made from time to time by Gensource or on its behalf, except in accordance with applicable securities laws.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/283155
Original: Gensource Potash Corporation Announces Next Milestone on the Tugaske Project

TSXV-LISTED GENSOURCE PROVIDES UPDATE ON ITS VANGUARD POTASH CORP JOINT VENTURE
1 HOUR AGO BY

Article 1Article 2Article 3Article 4Article 5Article 6Article 7Article 8
10:00 AM EDT, 10/03/2017 (MT Newswires) -- Gensource Potash Corporation (GSP.V) shares have plunged after the company announced that it's JV Shareholder Agreement, the Vanguard JV is null and void after funding requirements were not met.

Gensource and EGME signed a shareholder agreement to create the Vanguard JV on April 4, 2017. The purpose of the JV was to finance, construct and operate a new potash production facility in Saskatchewan located on Gensource's wholly owned subsurface mineral lease KL 245.

Gensource said it remains amenable to a JV with EGME in the future if acceptable terms and conditions can be agreed upon and executed. Gensource also announced that it is poised and ready to advance the Vanguard One project, the initial project for which a detailed feasibility study has been completed.

Gensource's shares were recently down 25% at $0.09.

Price: 0.09, Change: -0.03, Percent Change: -25

http://www.gensourcepotash.ca/

"An Awesome Start For A Junior Potash Company"

$GSP

http://markets.businessinsider.com/news/stocks/gensource-provides-update-on-its-vanguard-potash-corp-joint-venture-1002296205

https://weekherald.com/2017/09/28/potash-corporation-of-saskatchewan-inc-pot-upgraded-to-buy-by-td-securities.html

https://www.bloomberg.com/press-releases/2017-09-06/gensource-announces-engagement-agreement-for-u-s-agriculture-market-assessment-and-joint-venture-project-financing

http://thestarphoenix.com/business/mining/gensource-forms-joint-venture-company-to-build-saskatchewan-potash-mine

FS out....lookin for $$$ now...

FS coming soon.........The fs should be out very shortly.....matter of weeks not months

Gensource Announces Final Closing of Brokered Private Placement for Aggregate Gross Proceeds of $3.233 Million


Further to its news releases dated September 19, 2016, Gensource Potash Corporation ("Gensource" or the "Company")(TSX.V: GSP) announces today it has completed the second and final tranche of the brokered private placement financing (the "Offering"). The combined aggregate gross proceeds of both tranches of the Offering was $3,233,650. The second tranche of the Offering consisted of the sale of 2,490,559 units of the Company (the "Units") at a price of $0.09 per Unit for aggregate gross proceeds of $224,150. Each Unit consisted of one common share in the capital stock of the Company and one common share purchase warrant ("Warrant"). Each Warrant is exercisable at a price of $0.15 per share beginning on the date that is 12 months following the closing date of the Offering (the "Closing Date") and expiring on the date that is 24 months following the Closing Date.

The Offering was completed by Industrial Alliance Securities Inc. (the "Agent"). A cash commission of $14,532 was paid to the Agent, including the issuance to the Agent (and members of the Agent’s selling group) of 161,467 agent’s units exercisable into Units at a price of $0.09 per agent’s unit for a period of 24 months following the Closing Date.

Mike Ferguson, President & CEO of Gensource said, “We are pleased to complete this private placement. The proceeds from both tranches will be used to complete the planned drilling and seismic work with a goal to upgrade the resource in the Vanguard area to the measured and indicated categories, which will support a feasibility study. As announced on October 12th, Gensource has begun work on the Vanguard feasibility study and the proceeds will be invested in that work as well."

“The success of the Offering indicates to us that our vision of utilizing new, efficient and clean mining and processing techniques to manufacture potash fertilizer while moving that product directly to the consuming market under a vertical integration arrangement is catching on and the benefits of such an arrangement are being understood. It’s an exciting path forward and, with the continued support of the financial markets, we will work to create a new model to provide an alternative source of supply to the farmers who need potash to increase their effectiveness in food production.”

The securities issued pursuant to the Offering are subject to a four month and one-day statutory hold period.