Gensource Announces Granting of Stock Options
Gensource Announces Granting of Stock Options
SASKATOON, Saskatchewan--(BUSINESS WIRE)--February 21, 2017--Gensource Potash Corporation (“Gensource”o r t h e “Corporation”) (TSX-V:
GSP) announces that it has granted an aggregate of 6,050,000 stock options to directors, senior officers and consultants, of which 5,300,000 were granted at
an exercise price of $0.13 and 750,000 were granted at an exercise price of $0.17 with an expiration date of February 20, 2022 for all of the options. The
options were granted under the Corporation's Stock Option Plan and each stock option entitles the holder to acquire one common share.
About Gensource
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.
CONTACT:
Gensource Potash Corporation:
Mike Ferguson, 306-974-6414
President and CEO