Aankondiging • 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. Aankondiging • Apr 16
Gensource Potash Corporation, Annual General Meeting, Jun 26, 2026 Gensource Potash Corporation, Annual General Meeting, Jun 26, 2026. Aankondiging • 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. New Risk • Mar 23
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Canadian stocks, typically moving 19% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$826k free cash flow). Share price has been highly volatile over the past 3 months (19% average weekly change). Earnings have declined by 7.6% per year over the past 5 years. Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (CA$67.6m market cap, or US$49.3m). Aankondiging • 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. New Risk • Feb 11
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Canadian stocks, typically moving 16% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$826k free cash flow). Earnings have declined by 7.6% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (16% average weekly change). Market cap is less than US$100m (CA$38.3m market cap, or US$28.3m). Aankondiging • 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. Aankondiging • Apr 08
Gensource Potash Corporation, Annual General Meeting, Jun 20, 2025 Gensource Potash Corporation, Annual General Meeting, Jun 20, 2025. Recent Insider Transactions Derivative • Apr 03
Independent Director exercised options to buy CA$80k worth of stock. On the 30th of March, Amy O’Shea exercised options to buy 1m shares at a strike price of around CA$0.085, costing a total of CA$85k. This transaction amounted to 132% of their direct individual holding at the time of the trade. Since June 2024, Amy has owned 758.84k shares directly. This was the only transaction from an insider over the last 12 months. New Risk • Mar 04
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Canadian stocks, typically moving 18% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$975k free cash flow). Share price has been highly volatile over the past 3 months (18% average weekly change). Earnings have declined by 21% per year over the past 5 years. Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (CA$38.2m market cap, or US$26.3m). New Risk • Jan 15
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Canadian stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$975k free cash flow). Earnings have declined by 21% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Market cap is less than US$100m (CA$33.7m market cap, or US$23.5m). New Risk • Nov 24
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Canadian stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$1.2m free cash flow). Earnings have declined by 23% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Market cap is less than US$100m (CA$31.5m market cap, or US$22.5m). New Risk • May 01
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$2.6m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$2.6m free cash flow). Earnings have declined by 18% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (15% average weekly change). Shareholders have been diluted in the past year (2.5% increase in shares outstanding). Market cap is less than US$100m (CA$49.5m market cap, or US$36.0m). Aankondiging • Apr 13
Gensource Potash Corporation, Annual General Meeting, Jun 27, 2024 Gensource Potash Corporation, Annual General Meeting, Jun 27, 2024. Aankondiging • Oct 02
Gensource Potash Corporation announced that it has received CAD 0.729538 million in funding On October 2, 2023 the Company issued 4,863,588 Units for aggregate gross proceeds of $729,538.20. Each Unit consists of one common share in the capital stock of the Company and one Common Share purchase warrant of the Company Each whole Warrant is exercisable for one Common Share at an exercise price of $0.30 per Warrant Share for a period of 24 months following the date of issuance. The securities issued pursuant to this closing of the Offering are subject to a hold period of four months plus a day expiring February 3, 2024. Aankondiging • Sep 29
Gensource Potash Corporation announced that it expects to receive CAD 0.7 million in funding Gensource Potash Corporation announced a proposed best efforts, non-brokered private placement of up to 4,666,666 units of the company at a price of CAD 0.15 per unit for gross proceeds of up to CAD 700,000 on September 28, 2023. Each unit shall consist of one common share and one common share purchase warrant of the company. Each warrant will be exercisable for one common share at an exercise price of CAD 0.30 per warrant share for a period of 24 months following the date of issuance. The securities to be issued pursuant to the transaction will be subject to a statutory four month and one day hold period from the date of issuance. It is anticipated that some or all of the subscribers in the transaction will be insiders of the company. The transaction is subject to the satisfaction of certain conditions, including receipt of all applicable regulatory approvals, including that of the TSX Venture Exchange. New Risk • Sep 03
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$4.0m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$4.0m free cash flow). Earnings have declined by 5.0% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Shareholders have been diluted in the past year (4.8% increase in shares outstanding). Market cap is less than US$100m (CA$46.7m market cap, or US$34.3m). New Risk • Jul 23
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Canadian stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 1.4% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Shareholders have been diluted in the past year (4.8% increase in shares outstanding). Market cap is less than US$100m (CA$48.9m market cap, or US$37.0m). Aankondiging • May 30
Gensource Potash Corporation announced that it has received CAD 0.917787 million in funding On May 30, 2023, Gensource Potash Corporation closed the transaction. The company has issued 6,118,583 units for gross proceeds of CAD 917,787.45. The transaction included participation from certain directors and officers of the company for 2,485,250 units. The securities issued pursuant to this closing of the transaction are subject to a hold period of four months plus a day expiring September 30, 2023. This closing of the transaction remains subject to receipt of the final approval of the TSX Venture Exchange. Aankondiging • May 26
Gensource Potash Corporation, Annual General Meeting, Jun 28, 2023 Gensource Potash Corporation, Annual General Meeting, Jun 28, 2023, at 09:00 Central Standard Time. Agenda: To consider, among other items of business, a special resolution approving articles of amendment of the Company. Aankondiging • May 23
Gensource Potash Corporation announced that it expects to receive CAD 0.8 million in funding Gensource Potash Corporation announced a non-brokered best effort basis private placement of 5,333,333 of the company at a price of CAD 0.15 per unit for the gross proceeds of CAD 0.8 million on May 22, 2023. Each unit consists of one common share and one common share purchase warrant. Each warrant will be exercisable for one common share at an exercise price of CAD 0.30 per warrant share for a period of 24 months following the date of issuance. The offering is subject to the satisfaction of certain conditions, including receipt of all applicable regulatory approvals, including that of the TSX Venture Exchange. Aankondiging • May 05
Gensource Potash Corporation Appoints Wayne Brownlee to Board of Director Gensource Potash Corporation announced that Wayne Brownlee has agreed to accept an appointment to its Board of Directors. In 1977, after acquiring a Bachelor of Science and Master of Business Administration from the University of Saskatchewan, Mr. Brownlee began his career as a Budget Analyst with the Saskatchewan Department of Finance. He later joined the Saskatchewan Department of Energy and Mines as an Assistant Deputy Minister. As an Associate Deputy Minister of the Treasury Board Division of the Saskatchewan Department of Finance, he was responsible for developing and implementing the Provincial Government's annual budget and managing the Treasury Board process. His duties included policy responsibility for legislative and regulatory reform, taxation, and overall strategy. Mr. Brownlee, a former Executive Vice President and CFO of both PotashCorp. and Nutrien brings an exceedingly rare wealth of knowledge, experience, and leadership to Gensource. Wayne joined the Potash Corporation of Saskatchewan in 1989. He coordinated the Company's privatization which transformed it from a provincial Crown corporation to a publicly traded company. Over the next three decades, Wayne was a catalyst for the expansion and development of PCS through acquisition activity. He was instrumental in the acquisition of the company's nitrogen and phosphate assets. Until 2018 Brownlee remained CFO at PCS when PCS and Agrium merged to become Nutrien, the world's largest provider of crop inputs, with its head office located in Saskatoon, Saskatchewan. During his term as CFO at Nutrien, Wayne oversaw all finance functions, plus the $6.0 billion divestment of equity interests in the Chilean potash producer SQM, Israel-based ICL Group and Jordan's Arab Potash Company. Aankondiging • Jan 28
Gensource Potash Corporation announced that it has received CAD 4.7955 million in funding On January 27, 2023, Gensource Potash Corporation closed the transaction. The company issued 2,400,000 flow-through shares for aggregate gross proceeds of CAD 480,000. Pursuant to the terms of this closing of the offering, the company paid certain finders an aggregate cash commission of CAD 27,300 and issued 157,000 non-transferable warrants, with each broker warrant exercisable, for a period of 24 months from the date hereof, into one common share at an exercise price of CAD 0.30 per broker warrant share. This closing of the offering remains subject to receipt of the final approval of the TSX Venture Exchange. Price Target Changed • Nov 16
Price target decreased to CA$0.54 Down from CA$0.60, the current price target is provided by 1 analyst. New target price is 249% above last closing price of CA$0.15. Stock is down 61% over the past year. The company posted a net loss per share of CA$0.012 last year. Recent Insider Transactions Derivative • Jun 16
Chairman exercised options to buy CA$225k worth of stock. On the 13th of June, Micheal Ferguson exercised options to buy 1m shares at a strike price of around CA$0.13, costing a total of CA$130k. This transaction amounted to 6.0% of their direct individual holding at the time of the trade. Since September 2021, Micheal has owned 16.73m shares directly. Company insiders have collectively bought CA$230k more than they sold, via options and on-market transactions, in the last 12 months. Recent Insider Transactions • Jun 12
Independent Director recently bought CA$101k worth of stock On the 9th of June, Stephen Dyer bought around 375k shares on-market at roughly CA$0.27 per share. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Price Target Changed • Mar 11
Price target decreased to CA$0.35 Down from CA$0.60, the current price target is provided by 1 analyst. New target price is 14% below last closing price of CA$0.41. Stock is up 72% over the past year. The company posted a net loss per share of CA$0.0026 last year. Aankondiging • Jun 18
Gensource Comments on Statement of Claim Filed Against the Company, Its CEO and Helm AG Gensource Potash Corporation announced that it has become aware that a statement of claim (the "Claim") has been filed against the Company, its
CEO and HELM AG ("HELM") (together the "Project Developers") in the Saskatchewan Court of Queen's Bench. The Claim was filed by Frank Eberhardt, Carl F Peters GmbH & Co. ("CFP"), both of Hamburg Germany and 11664735 Canada Ltd. ("116"), a Canadian company beneficially owned by Frank Eberhardt. The Claim has not yet been served on the Project Developers, however, following the Company's policy of open and transparent communications, Gensource is disclosing the existence of the Claim together with some context. Carl F Peters is a shipping company operating in Hamburg, Germany, operated by Mr. Frank Eberhardt. 116 is a Canadian company beneficially owned by Mr. Frank Eberhardt, which owns a royalty on the Company's Tugaske potash development project located near Tugaske, Saskatchewan (the "Tugaske Project"). The Claim alleges, among other things, that Gensource and HELM wrongfully excluded Mr. Eberhardt from investing in the Tugaske Project and seeks to confer upon the plaintiffs the right to invest in and be part of the Tugaske Project. Recent Insider Transactions Derivative • Jun 09
Chairman exercised options to buy CA$225k worth of stock. On the 3rd of June, Michael Ferguson exercised options to buy 1m shares at a strike price of around CA$0.06, costing a total of CA$60k. This transaction amounted to 6.4% of their direct individual holding at the time of the trade. Since June 2020, Michael's direct individual holding has decreased from 15.77m shares to 15.73m. Company insiders have collectively bought CA$272k more than they sold, via options and on-market transactions, in the last 12 months. Aankondiging • May 13
Gensource Potash Corporation Provides Summary Update on Its Tugaske Project Gensource Potash Corporation provided a general update on its activities and the current status of various workstreams the Company is engaged in to advance its Tugaske Project. As previously disclosed, the Tugaske Project (the “Project”) is a small-scale potash production facility designed as a module, with each module having a design capacity of 250,000 tonnes/year of final product. The Project itself has progressed past the feasibility study level, having completed a FEED (Front End Engineering and Design) study. The updated NI 43-101 Technical Report disclosed on March 22, 2021 and filed on SEDAR is based on the FEED study, which includes significant detailed procurement work with the Company’s selected process and equipment vendors. The Project is permitted under the Saskatchewan Environmental Assessment process, having been determined to be “not a development” and therefore not requiring the preparation of an environmental impact study. It has also been issued a Development Permit through the Rural Municipality of Huron, where the Project is located. Further licensing, of course, is required as detailed engineering proceeds and construction starts, under the Saskatchewan Environmental Protection standards as well as building code requirements. Surface land for the process plant is under Gensource control and all wellpad leases and pipeline rights of way have been obtained. No further land purchases or agreements are required for the Project. Aankondiging • Mar 13
Gensource Potash Corporation, Annual General Meeting, May 28, 2021 Gensource Potash Corporation, Annual General Meeting, May 28, 2021. Aankondiging • Feb 22
Gensource Appoints Brent Cherkas to Team as Project Advisor Gensource Potash Corp. reported that Brent Cherkas, P.Eng., joined the Company on February 1. Cherkas will take on the role of Project Advisor with Gensource and will be a key participant in realizing the Tugaske Project. Is New 90 Day High Low • Feb 18
New 90-day high: CA$0.24 The company is up 20% from its price of CA$0.20 on 19 November 2020. The Canadian market is up 11% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Chemicals industry, which is up 21% over the same period. Aankondiging • Jan 14
Gensource Potash Corporation announced that it expects to receive CAD 10 million in funding Gensource Potash Corporation (TSXV:GSP) announced a non-brokered private placement of the sale of up to 55,555,556 common shares at a price of CAD 0.18 per share for gross proceeds of CAD 10000000.08 on January 13, 2021. The transaction is expected to close on or about January 25, 2020. The transaction is subject to all applicable regulatory approvals including the approval of the TSX Venture Exchange. The company may pay may a cash commission equal to 6.0% of the gross proceeds of the common shares sold and compensation warrants to purchase common shares equal to 6.0% of the total number of common shares sold, exercisable for 36 months from the closing date at CAD 0.18 per common shares. Is New 90 Day High Low • Jan 12
New 90-day high: CA$0.23 The company is up 2.0% from its price of CA$0.23 on 13 October 2020. The Canadian market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 26% over the same period. Aankondiging • Jan 09
Rob Theoret to Assume the Role of Gensource Potash Corporation's VP Corporate Finance and Business Development Gensource Potash Corporation announced that current Chief Financial Officer and co-founder Rob Theoret will assume the role of VP Corporate Finance and Business Development. With the Tugaske Project progressing towards financial close, leading to construction, this new role will allow Mr. Theoret to continue to focus on Gensource’s business plan of developing additional projects and finding additional business opportunities within the fertilizer sector. Aankondiging • Jan 08
Gensource Potash Corporation Announces Executive Changes Gensource Potash Corporation announced that Alton Anderson, CPA, CA, has joined the company as of January 1, 2021. Over the next three months, Mr. Anderson will transition into the role of Chief Financial Officer, formally taking on that position April 1, 2021. Current Chief Financial Officer and co-founder Rob Theoret will assume the role of VP Corporate Finance and Business Development. Mr. Anderson is a seasoned finance executive with over 30 years’ experience in the fertilizer industry including 22 years at PotashCorp and Nutrien. He has direct experience across the entire supply chain, which will serve him well as CFO at Gensource. Mr. Anderson has led teams in finance, supply chain management, transportation, procurement, operations, sales & marketing, and business transformation. Recent Insider Transactions Derivative • Dec 26
Independent Director exercised options to buy CA$210k worth of stock. On the 23rd of December, Paul Martin exercised options to buy 1.00m shares at a strike price of around CA$0.08, costing a total of CA$80k. This transaction amounted to 72% of their direct individual holding at the time of the trade. Since June 2020, Paul has owned 1.38m shares directly. Company insiders have collectively bought CA$122k more than they sold, via options and on-market transactions, in the last 12 months. Is New 90 Day High Low • Oct 09
New 90-day high: CA$0.21 The company is up 45% from its price of CA$0.14 on 10 July 2020. The Canadian market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 24% over the same period. 
