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Gensource Potash Corp AGCCF


Primary Symbol: V.GSP

Gensource Potash Corporation is a Canada-based fertilizer development company. The Company is focused on developing resource opportunities with a specific focus on potash development. The Company operates under a business plan that has two key components: vertical integration with the market to ensure that all production capacity built is directed, and pre-sold, to a specific market, eliminating market-side risk; and technical innovation, which allows for a modular and economic potash production facility, which demonstrates environmental leadership within the industry, producing no salt tailings, therefore eliminating decommissioning. Its projects include Tugaske Project, Vanguard Area and Lazlo Area. The Vanguard Area is 100% owned in central Saskatchewan, located 170 kilometers (km) South of Saskatoon, 150 km North-West of Regina on a provincial highway system. The Lazlo Area is located in central Saskatchewan.


TSXV:GSP - Post by User

Comment by bobbythebakeron Sep 21, 2023 11:40am
149 Views
Post# 35647498

RE:Black or Bobby

RE:Black or Bobby Hey Jake,

Seems to me the "
significant project equity financing" mentioned in this late August 2Q MDA may be coming along.  Today is the first day of Fall, the quarter in which GSP hopes "to implement development of its first selective solution mining cavern on the Tugaske project."

"The strength of Wayne Brownlee's financial and business skillset is instrumental in advancing negotiations with multiple parties for significant project equity financing investments. The negotiations have focused on financial and joint business structures which enable all parties to benefit from the modular and scalable production opportunity being developed by Gensource.  The negotiations are at advanced stages which coincide with Gensource's desire to implement development of its first selective solution mining cavern on the Tugaske project this fall."
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