Gensource Potash Renews Investor Relations Contract
01 Abril 2022 - 12:00AM
Business Wire
Gensource Potash Corporation (“Gensource” or the “Company”)
(TSXV: GSP, AIM: GSP), a fertilizer development company focused on
sustainable potash production, is pleased to announce the continued
appointment of thinkHERO Incorporated ("thinkHERO") to provide
external investor relations services to the Company.
thinkHERO is a Toronto-based investor relations advisory firm
representing and advising growth-oriented TSX and TSX Venture
Exchange (“TSXV”) listed companies.
CEO Mike Ferguson commented: "We are pleased to continue our
relationship with thinkHERO. We have made genuine efforts over the
past several months to improve our communication with shareholders
in both Canada and the UK. thinkHERO and its team are a key part of
our communication efforts. Look for continued communication
improvements as we move forward into our most exiting year
yet!"
thinkHERO will be remunerated $7,800 per month for a 12-month
term and has been granted 150,000 stock options to purchase common
shares at an exercise price of $0.38 per share, which options 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. thinkHERO
currently owns 133,000 shares of the Company. The agreement is
subject to the approval of the TSXV.
Further information on Gensource Potash Corporation can be found
at www.gensourcepotash.ca Follow us on twitter
@GensourcePotash
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 small and economic potash
production facility, that demonstrates environmental leadership
within the industry, producing no salt tailings, therefore
eliminating decommissioning risk, and requiring no surface brine
ponds, thereby removing the single largest and negative
environmental aspect of potash mining.
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
Statement
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 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 complete an
offering of securities; failure to finance the Company’s Tugaske
potash 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;
an inability to predict and counteract the effects of COVID-19 on
the business of Gensource, including but not limited to the effects
of COVID-19 on the price of commodities, capital market conditions,
restriction on labour and international travel and supply chains,
failure to obtain required regulatory approvals; 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.
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version on businesswire.com: https://www.businesswire.com/news/home/20220331006041/en/
For further information on Gensource: Gensource Potash
Corporation Mike Ferguson – President & CEO +1-306-974-6414
Strand Hanson Limited (Nominated & Financial Adviser)
Ritchie Balmer / Rory Murphy / Charles Hammond +44 (0) 20 7409
3494
Peel Hunt LLP (Broker) Ross Allister / David McKeown /
Georgia Langoulant +44 (0) 20 7418 8900
Camarco (Financial PR) Gordon Poole / Charlotte
Hollinshead / Lily Pettifar +44 (0) 20 3757 4997
For any press enquiries please contact us on
gensource@camarco.co.uk
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