Mr. Mike Ferguson reports

GENSOURCE POTASH ANNOUNCES GRANTING OF STOCK OPTIONS

Gensource Potash Corp. has granted one million stock options to a certain director of the corporation at an exercise price of 12.5 cents and are exercisable for a period of five years. The options were granted under the corporation's stock option plan and each stock option entitles the holder to acquire one common share.

As a result, Wayne Brownlee's total beneficial interest in the company is nil common shares, representing 0 per cent of the company's issued share capital.

About Gensource Potash Corp.

Gensource is a fertilizer development company based in Saskatoon, Sask., 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 presold, 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 risk, and requiring no surface brine ponds, thereby removing the single largest and negative environmental aspect of potash mining.

We seek Safe Harbor.