HomeBlogGensource Announces Closing of Non-Brokered Private Placement

Gensource Announces Closing of Non-Brokered Private Placement

Gensource Announces Closing of Non-Brokered Private Placement

SASKATOON, Saskatchewan — Further to its news releases dated January 7 and January 14, 2021, Gensource Potash Corporation (“Gensource” or the “Company“) (TSX.V: GSP) announces today it has completed its non-brokered private placement financing (the “Offering“). The Offering consisted of the non-brokered sale of 29,032,123 common shares at $0.18 per common share for gross proceeds of $5,225,782.14. No warrants, other than customary broker compensation warrants, were issued as part of the Offering. Common shares issued pursuant to the Offering will be subject to a four month hold in accordance with Canadian securities laws and the Offering is subject to receipt of all necessary regulatory approvals, including a final approval of the TSX Venture Exchange. Read More
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