SASKATOON, Saskatchewan -- (Business Wire)
Gensource Potash Corporation (“Gensource” or the “Corporation”)
(TSX-V: GSP) announces that it has granted an aggregate of
6,050,000 stock options to directors, senior officers and consultants,
of which 5,300,000 were granted at an exercise price of $0.13 and
750,000 were granted at an exercise price of $0.17 with an expiration
date of February 20, 2022 for all of the options. 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.
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.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170221006842/en/
Contacts:
Gensource Potash Corporation:
Mike Ferguson, 306-974-6414
President
and CEO
mike@gensource.ca
Source: Gensource Potash Corporation
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