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SASKATOON, Saskatchewan & LONDON, July 01, 2024--(BUSINESS WIRE)--Gensource Potash Corporation ("Gensource" or the "Company") (TSXV: GSP) announces today that, in accordance with the Rules of the Alternative Investment Market of the London Stock Exchange ("AIM"), the admission of the Company’s common shares to trading on the AIM has been cancelled. Cancellation is effective immediately and shareholders will now be able to trade their common shares exclusively on the TSX Venture Exchange.
The Company has issued no stock on the AIM Market, however it will arrange for further information to be provided to shareholders and brokers, as applicable, with respect to common shares that are currently held with Computershare Trust Company in the United Kingdom.
About Gensource
Gensource is a fertilizer development company based in Saskatoon, Saskatchewan and is on track to become the next fertilizer production company in that province. With a modular and environmentally leading 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 components: (1) 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 (2) technical innovation which will allow for a modular and economic potash production facility, that demonstrates environmental leadership within the industry, producing no salt tailings, therefore eliminating decommissioning risk, and requiring no surface brine ponds, thereby removing the single largest and negative environmental aspect of potash mining.
Further information on Gensource Potash Corporation can be found at www.gensourcepotash.ca
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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 news 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 the expectations of Gensource included in this news release. This news release includes 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", "will", or "plan". These statements are based on information currently available to Gensource and Gensource provides no assurance that actual results will meet management’s expectations.