Gensource Announces Shareholder Update Conference Call
Gensource Announces Shareholder Update Conference Call
SASKATOON, Saskatchewan--(BUSINESS WIRE)--February 3, 2020--Gensource Potash
Corporation (“Gensource” or the “Company”) (TSX-V: GSP) today announced that the
Company will host its quarterly shareholder update call on February 5, 2020. The call is
scheduled for 4:00 pm Eastern Standard Time, and participants can join by dialing: 1-866-486-
8901. If shareholders would like any specific items addressed during the call, they should email
questions in advance to: [email protected]
The intent of the call is to continue Gensource’s consistent quarterly calls, provide general
information on the Company’s activities for the past quarter and general status of the Company’s
projects as well as its efforts with respect to project financing.
About Gensource
Gensource Potash is a fertilizer development company based in Saskatoon, Saskatchewan and is
on track to become the next fertilizer production company in that province. With a small scale
and environmentally leading approach to potash production, Gensource believes its technical and
business model will be the future of the industry. 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, that
demonstrates environmental leadership within the industry, producing no salt tailings, therefore
eliminating decommissioning risk, and requiring no surface bine ponds, thereby removing the
single largest negative environmental aspect of potash mining.
Gensource is working with Roc Global LLC of New York as its exclusive financial advisor.
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
This news release may contain forward looking information and Gensource cautions readers
that forward- looking information is based on certain assumptions and risk factors that could
cause actual results to differ materially from the expectations of Gensource included in this news
release. This news release includes certain "forward-looking statements”, which often, but not
always, can be identified by the use of words such as "believes", "anticipates", "expects",
"estimates", "may", "could", "would", "will", or "plan". These statements are based on
information currently available to Gensource and Gensource provides no assurance that actual
results will meet management's expectations. Forward-looking statements include estimates and
statements with respect to Gensource’s future plans, objectives or goals, to the effect that
Gensource or management expects a stated condition or result to occur, including the
establishment of vertical integration partnerships and the sourcing of end use potash purchasers.
Since forward-looking statements are based on assumptions and address future events and
conditions, by their very nature they involve inherent risks and uncertainties. Actual results
relating to Gensource’s financial condition and prospects, the ability to establish viable vertical
integration partnerships and the sourcing of end use potash purchasers could differ materially
from those currently anticipated in such statements for many reasons such as: failure to settle a
definitive joint venture agreement with a party and advance and finance the project; changes in
general economic conditions and conditions in the financial markets; the ability to find and
source off-take agreements; changes in demand and prices for potash; litigation, legislative,
environmental and other judicial, regulatory, political and competitive developments;
technological and operational difficulties encountered in connection with Gensource’s activities;
and other matters discussed in this news release and in filings made with securities regulators.
This list is not exhaustive of the factors that may affect any of Gensource’s forward-looking
statements. These and other factors should be considered carefully and readers should not place
undue reliance on Gensource’s forward-looking statements. Gensource does not undertake to
update any forward-looking statement that may be made from time to time by Gensource or on
its behalf, except in accordance with applicable securities laws.
Contacts
Gensource Potash Corporation:
Mike Ferguson, President and CEO
Telephone: (306) 974-6414
Email: [email protected]