Gensource Potash Corporation Announces Granting of Stock Options
Gensource Potash Corporation Announces
Granting of Stock Options
Saskatoon, Saskatchewan--(Newsfile Corp. - May 11, 2026) -
Gensource Potash
Corporation
(TSXV: GSP) ("
Gensource
" or the "
Company
"), a fertilizer development company
focused on sustainable potash production, announces that it has granted an aggregate of 10,000,000
stock options to certain directors, senior officers and consultants of the Corporation, at an exercise price
of $0.165 per share and are exercisable for a period of 5 years.
The options were granted under the
Company's stock option plan and each stock option entitles the holder to acquire one common share of
the Company.
This grant of options remains subject to acceptance by the TSX Venture Exchange.
About Gensource:
Gensource 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 modular 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 modular
and economic potash production facility, that demonstrates environmental leadership within the industry,
producing no salt tailings, therefore eliminating decommissioning.
For further information on Gensource Potash, please contact:
Mike Ferguson - President & CEO
+1-306-974-6414
Further information on Gensource Potash Corporation can be found at
www.gensourcepotash.ca
Neither the 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 the 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 any offering of securities by Gensource. 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 could differ materially from those currently anticipated in such
statements for many reasons such as: failure to finance the Tugaske Project or other projects on terms
which are economic or at all; failure to settle a definitive agreement with a party and advance and finance
the Tugaske 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.
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/297027