Post by
stockwatcher248 on Apr 13, 2022 3:16pm
Sask potash
another player with KRN and WRX.....hoping they all succeed .would be great for the province
Gensource Potash Corp. has reached a binding agreement to acquire 100 per cent of the issued and outstanding shares of Innovare Technologies Ltd., a privately held developer of patented selective solution mining and brine processing technology for the recovery of potash and other soluble minerals.
Innovare's technology contributes industry-proven techniques and new, innovative and patented technology that de-risks selective extraction and is expected to lower capital and operating costs for the Tugaske Project and beyond. By bringing this technology in-house, Gensource will control the intellectual property that allows it to implement its strategic business plan, which management of Gensource believes will be the future of potash production.
Innovare Technologies specializes in drilling, solution mining and processing technologies for potash and other soluble mineral mining projects. The three principals of Innovare have a combined over 100 years of industry-specific experience and have successfully developed potash projects in Saskatchewan, including being part of the Potash One Inc. development of its Legacy project, which was purchased by K+S AG and has now been constructed and is in operation as the Bethune mine north of Moose Jaw, Sask.