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GSP.V ·

Gensource Announces Granting of Stock Options

Share Capital & Compensation

SASKATOON, Saskatchewan – February 2, 2018– Gensource Potash

Corporation (“Gensource” or the “Corporation”) (TSX-V: GSP)announces
that it has today granted an aggregate of 4,000,000 stock options (”Options”), of
which 3,500,000 were granted to certain directors and officers of the Corporation.
The Options were granted under the Corporation's Stock Option Plan and each
Option entitles the holder to acquire one common share at an exercise price of
$0.09 and are execisable for a period of 5 years. This grant of Options is subject to
acceptance by the TSX Venture Exchange.

About Gensource

Gensource is based in Saskatoon, Saskatchewan and is focused on developing the next potash production facility in that province, but a project with a difference: small, scalable, highly efficient and environmentally friendly. 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.

For further information please contact:

Gensource Potash Corporation:

Mike Ferguson, President and CEO Telephone: (306) 974-6414 Email: [email protected]

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.