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Wednesday, January 20, 2021

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Home Business News Gensource Potash: Decision to Replace “Financial Investor”

Gensource Potash: Decision to Replace “Financial Investor”


SASKATOON, Saskatchewan–()–Gensource Potash Corporation (“Gensource” or the “Company”) (TSX-V:GSP), a fertilizer development company focused on sustainable potash production, announces that, in alignment with its partner and Tugaske Project off-taker, Helm AG, it has made the decision to replace the “financial investor” as identified in the Tugaske Project SPV (Special Purpose Vehicle).

In previous news releases, Gensource identified a financial investor in the structure diagrams for the project SPV. The SPV structure is not changing, only the specific unnamed group identified as the financial investor. The replacement is expected to originate from a group of parties that have already expressed…



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