SASKATOON, SASKATCHEWAN--(Marketwired - April 17, 2015) - Gensource Potash Corporation ("Gensource" or the "Corporation") (TSX VENTURE:GSP) announces that it has granted an aggregate of 2,168,859 stock options, of which 1,868,859 were granted to certain directors and officers of the Corporation and 300,000 were granted to consultants. The options were granted under the Corporation's Stock Option Plan and each stock option entitles the holder to acquire one common share at an exercise price of $0.07 and vests immediately."
Gensource is based in Saskatoon, Saskatchewan and is focused on developing the next potash production facility in that province. Gensource's President and CEO, Mike Ferguson P.Eng., has assembled a management and technical team with direct and specific expertise and experience in potash development in Saskatchewan.
Neither 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
Forward-looking information is based on the opinions, estimates and assumptions of management as of the date disclosure is made and is subject to known and unknown risks, uncertainties and other factors that may cause the actual results to be materially different from those expressed or implied by such forward-looking information. Accordingly, readers should not place undue reliance on forward-looking information. Gensource does not undertake to update any forward-looking information that is set out in this release, except in accordance with applicable securities laws.