New Risk • Jun 10
New major risk - Revenue and earnings growth Earnings have declined by 4.0% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 4.0% per year over the past 5 years. Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (CA$67.9m market cap, or US$48.8m). Board Change • Jun 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 2 highly experienced directors. Independent Director Wayne Brownlee was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • 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. 
