공지 • Apr 27
Gensource Potash Corporation announced that it has received CAD 2.509765 million in funding On April 27, 2026, Gensource Potash Corporation closed the transaction. The company announced that it has issued 7,133,269 Units for aggregate gross proceeds of CAD 1,069,990.35 in second tranche. 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. The Company issued an aggregate of 16,731,769 Units for total gross proceeds of $2,509,765.35. In connection with these April financings, the Company paid an aggregate of CAD 137,685.92 in cash commissions and issued 917,906 Broker Warrants. 공지 • Apr 16
Gensource Potash Corporation, Annual General Meeting, Jun 26, 2026 Gensource Potash Corporation, Annual General Meeting, Jun 26, 2026. 공지 • Apr 10
Gensource Potash Corporation announced a financing transaction Gensource Potash Corporation announced a private placement to issue units at an issue price of CAD 0.15 on April 9, 2026. Each Unit consists of one common share and one Common Share purchase warrant. Each Warrant is exercisable for at an exercise price of CAD 0.25 per Warrant Share for a period of 18 months following the date of issuance.
On same date, the company announced that it has issued 9,598,500 Units for aggregate gross proceeds of CAD 1,439,775.00 in first tranche. 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 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 CAD 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 CAD 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. The Company anticipates holding a second closing of the Offering in the coming days. 공지 • Mar 06
Gensource Potash Corporation Announces the Formal Kick-Off of Technical Update Work on the Company's Tugaske Project Gensource Potash Corporation announced 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 with a large and diversified Southeast Asian conglomerate with respect to the Company's Tugaske Project. Under the terms of the exclusivity agreement, the Southeast Asian conglomerate is committed to fund the Technical Update - a defined engineering scope of work aimed at updating technical details of the Project to match the conglomerate'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. 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 Southeast Asian conglomerate. 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 conglomerate 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. The exclusivity agreement establishes a framework for a comprehensive partnership that will combine a long-term supply agreement, brought to the project by the conglomerate, with a proposed investment structure to fully fund the construction and commissioning of the Tugaske Project. 공지 • Dec 05
Gensource Potash Corporation Provides Operational Update on the Tugaske Project and Market Developments Gensource Potash Corporation provided an operational update on its Tugaske Project in Saskatchewan and market highlights. Project Advancement: Securing the Path Forward: Gensource has successfully exercised its land purchase option agreement for the Tugaske Project site. This critical milestone will provide the Company with clear title and control over the essential surface lands required for the project. Exercising this option is a definitive step, demonstrating Gensource's commitment to advancing Tugaske into the detailed engineering and construction phase. Strategic Engagement & Due Diligence: As part of Gensource's on-going corporate and project finance initiatives, the Company recently completed a due Diligence process with a major Southeast Asian industrial conglomerate and fertilizer distributor. Following this diligence phase, Gensource was pleased to host a 7-member delegation from the same Southeast Asian group in Saskatchewan. The delegation conducted an in-depth site visit to the Tugaske Project location, engaging directly with Gensource's technical and executive teams. These are significant steps in progressing toward definitive offtake and/or partnership agreements, aligning with Gensource's focused, contract-based development model. Supportive Trade Environment: The recent negotiations for enhanced trade agreements between Canada/Saskatchewan and ASEAN member countries strategically align with Gensource's international initiatives. These agreements - designed to increase investment, smooth trade flows and secure critical supply chains in the agriculture and fertilizer sectors-underscore the global focus on food security. Gensource recognizes the positive results from this leadership and the potential for significant positive impacts on future trade. Operational & Funding Strategy: Gensource maintains a lean operational model, strategically allocating capital to de-risk the Tugaske Project and advance key initiatives. Recent activities have focused on finalizing plans for updating the front-end engineering design (FEED) package (first published in November 2021) and NI 43-101 technical report, updating project economics in the current robust price environment, and engaging with strategic partners to secure the remaining capital required for construction. The potash market is experiencing a powerful confluence of supportive factors: Geopolitical Spotlight & Trade Frameworks: Global geopolitical events have starkly highlighted the strategic importance of food security and stable, reliable fertilizer supply chains. Potash has returned to the forefront of agricultural policy, a focus underscored by new governmental and trade initiatives to strengthen partnerships between key producing regions like Saskatchewan and major consuming markets. U.S. Tariff Exemption: The recent exemption of Canadian potash from U.S. import tariffs strengthens the competitiveness of Saskatchewan production in a key market, improving margin potential for producers. Robust Pricing: Potash prices remain historically robust, driven by steady demand and constrained supply. Supply Constraints: Global supply growth has been slower than anticipated due to geopolitical disruptions and technical delays at major expansion projects both inside and outside of Saskatchewan, reinforcing the need for new, reliable sources of production like Gensource's modular and efficient model. 공지 • Apr 08
Gensource Potash Corporation, Annual General Meeting, Jun 20, 2025 Gensource Potash Corporation, Annual General Meeting, Jun 20, 2025. 
