RE:RE:RE:RE:RE:RE:RE:Fascinatingthese comments from the most recent quarterly report will disappoint a lot, including myself...
The Company has continued to be laser focused on reaching a conclusion to the equity financing for the Tugaske Project (“Tugaske” or the “Project”). Gensource was active in the public markets through to early May 2022; however, the process was deferred to the fall due to the general collapse of the public markets worldwide which was driven largely by the war in Ukraine. The Company continues discussions with private equity capital providers – many of which have enhanced interest in the potash and generalfertilizer space due to the current global fertilizer and agriculture situation. Helm, the Company’s equity partner and Project off-taker, has steadfastly maintained its efforts to support the financing process and continues discussions with all equity investors. The Company will provide news to shareholders as it becomes available. In the meantime..I'm just disappointed GSP didn't arrange the financing well prior to Russain invasion and turmoil in capital markets....