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GSP.V ·

Gensource Announces Granting of Stock Options

Share Capital & Compensation

SASKATOON, Saskatchewan – June 8, 2016– Gensource Potash

Corporation (“Gensource” or the “Corporation”) (TSX-V: GSP)announces
that it has granted an aggregate of 3,700,000 stock options, of which 3,000,000
were granted to certain directors and senior officers of the the Corporation at an
exercise price of $0.06 with an expiration date of June 6, 2021. 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.

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.