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Gensource Potash Corp V.GSP

Alternate Symbol(s):  AGCCF

Gensource Potash Corporation is a fertilizer development company. The Company is focused on developing resource opportunities with a specific focus on potash development. Its projects include the Tugaske Project, Lazlo Area, and Vanguard Area Project. The Tugaske Project is the Company’s advanced potash project. It has completed a full, bankable feasibility study and a follow-on front-end engineering and design study (FEED). The Lazlo Area is located in central Saskatchewan along an infrastructure corridor between the major population centers of Saskatoon and Regina. The Area is located over a thick and rich region of the Prairie Evaporite formation known locally as the Davidson Sub-basin. The Vanguard Area is located in central Saskatchewan and comprises two mineral leases, KL244 and KL245, and Potash Permit, SMP200. SMP200, which abuts existing Company leases, is about 7,180 hectares and represents a direct addition to mineral leases KL244 and KL245 in the Company’s Vanguard Area.


TSXV:GSP - Post by User

Comment by mdjbrownon Dec 11, 2021 8:33pm
103 Views
Post# 34222416

RE:RE:RE:RE:GSP

RE:RE:RE:RE:GSPJust curious btb, as you seem to have a good handle on Innovare.

You mentioned in an earlier post, you think  $1mm - $5 mm might be the acquisition cost for GSP to acquire Innovare.

What do you think GSP will receive with the acquisition?   

Do you have any idea of Innovares current assets and NPV, and who are those guys you refer to that will be the recipients of the requisition funds / shares?  


Intellectual data / patent rights for Innovares conceptual processing design perhaps?




bobbythebaker wrote: Can't remember where I read it, but GSP put something out saying they had agreed on terms with Innovare, but didn't give any specifics.  My guess is in the $1mm-$5mm range.  I could also see the owners of Innovare getting paid in GSP shares/options, but I'll bet those guys would like some cash as well.


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