Gensource Announces Granting of Stock Options

Gensource Announces Granting of Stock Options

NEWS RELEASE SUBMITTED BY BUSINESS WIRE

FOR: Gensource Potash Corporation

TSX VENTURE SYMBOL: GSP

SASKATOON, Saskatchewan--(BUSINESS WIRE)--February 1, 2019--Gensource Potash Corporation (“Gensource”o r t h e “Corporation”) (TSX-V: GSP)

announces that it has today granted an aggregate of 1,500,000 stock options (”Options”), to certain directors 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 $0.105 and are exercisable 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 with a radically and

fundamentally different approach. Gensource’s President & CEO, Mike Ferguson, P.Eng., has assembled a management and technical team with direct and

specific expertise and experience in potash development in Saskatchewan.

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, which is much friendlier to the environment to construct and operate - the output of which can then be directed to a single, specific

market.

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, President and CEO

Telephone: (306) 974-6414

Email: [email protected]