Gensource Potash renews its investor relations contract

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SASKATOON, Saskatchewan and LONDON — Gensource Potash Corporation (“Gensource” or the “Company”) (TSXV: GSP, AIM: GSP), a fertilizer development company focused on the sustainable production of potash, is pleased to announce the continued appointment of thinkHERO Incorporated (“thinkHERO”) to provide external investor relations services to the Company.

thinkHERO is a Toronto-based investor relations advisory firm that represents and advises growth-oriented companies listed on the TSX and TSX Venture Exchange (“TSXV”).

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CEO Mike Ferguson commented, “We are excited to continue our relationship with thinkHERO. We have made real efforts over the past few months to improve our communication with shareholders in Canada and the UK. thinkHERO and its team play a key role in our communication efforts. Look for continued communication improvements as we move forward into our most exciting year yet!”

thinkHERO will be paid $7,800 per month for a 12-month term and has been granted 150,000 common stock options at an exercise price of $0.38 per share, which options are exercisable for a period of 5 years. The options were granted under the Company’s stock option plan and each stock option entitles its holder to acquire one common share of the Company. thinkHERO currently owns 133,000 shares of the Company. The agreement is subject to the approval of the TSXV.

More information about Gensource Potash Corporation is available at
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About Gensource

Gensource is a fertilizer development company based in Saskatoon, Saskatchewan, and is poised to become the next fertilizer production company in this province. With a modular and eco-friendly 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 elements: (1) vertical integration with the market to ensure that all built production capacity is directed and pre-sold to a specific market, thereby eliminating market-side risk; and (2) technical innovation that will enable a small, cost-effective potash production facility that demonstrates environmental leadership within the industry, producing no salt residues, eliminating the risk of decommissioning, and requiring no surface brine pond, thus eliminating the single largest and negative environmental aspect of potash mining.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Caution Regarding Forward-Looking Statements

This press release may contain forward-looking information and Gensource cautions readers that forward-looking information is based on certain assumptions and risk factors that could cause actual results to differ materially from Gensource’s expectations included in this press release. This press release contains certain “forward-looking statements”, which often, but not always, can be identified by the use of words such as “believes”, “anticipates”, “expects”, “estimates”, “may “, “could”, “would”, “would” or “plan”. These statements are based on information currently available to Gensource, and Gensource does not guarantee that actual results will meet management’s expectations.

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Forward-looking statements include estimates and statements regarding Gensource’s future plans, objectives or goals, that Gensource or management expects a stated condition or result to occur, including any offer of titles by Gensource. Because forward-looking statements are based on assumptions and address future events and conditions, they, by their very nature, involve inherent risks and uncertainties. Actual results could differ materially from those currently anticipated in these statements for a number of reasons, including: the inability to complete a securities offering; failure to finance the Company’s Tugaske potash project or other projects on economic terms or at all; failure to enter into a definitive joint venture agreement with any party and to advance and finance the Tugaske Project; changes in general economic and financial market conditions; the ability to source and find off-take agreements; changes in potash demand and prices; litigation, legislative, environmental and other legal, regulatory, political and competitive developments; technological and operational difficulties encountered in connection with Gensource’s activities; an inability to predict and thwart the effects of COVID-19 on Gensource’s business, including, but not limited to, the effects of COVID-19 on commodity prices, capital market conditions, restrictions on labor and international travel and supply chains; failure to obtain required regulatory approvals; and other matters discussed in this press release and in filings with securities regulators. This list is not exhaustive of factors that could affect Gensource’s forward-looking statements. These and other factors should be carefully considered, and readers should not place undue reliance on Gensource’s forward-looking statements. Gensource does not undertake to update any forward-looking statements that may be made from time to time by or on behalf of Gensource, except in accordance with applicable securities laws.

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For more information on Gensource:
Gensource potash company
Mike Ferguson – President and CEO

Strand Hanson Limited (appointed and financial adviser)
Ritchie Balmer/Rory Murphy/Charles Hammond
+44 (0) 20 7409 3494

Peel Hunt LLP (broker)
Ross Allister/David McKeown/Georgia Langoulant
+44 (0) 20 7418 8900

Camarco (financial PR)
Gordon Poole/Charlotte Hollinshead/Lily Pettifar
+44 (0) 20 3757 4997

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