Gensource Announces Shareholder Update Conference Call

SASKATOON, Saskatchewan--()--Gensource Potash Corporation (“Gensource” or the “Corporation”) (TSX-V: GSP) is pleased to announce that the company will conduct a conference call to provide an update on company activity over the past several months. The call is scheduled for 4:00 p.m. Eastern Time on Wednesday, May 3rd. The call and presentation will be open on a listen-only basis to any interested parties. A web-based presentation is an integral part of the call.

Conference Call

To access the presenation, please log in to https://register.gotowebinar.com/register/6338001020254604291 5-10 minutes ahead of time to ensure your system connects correctly. Audio joining details will be provided after accessing the presentation site.

The call will be archived through the Company’s news page at www.gensource.ca.

Participants may email questions during the conference call to info@gensource.ca. Others may submit questions before the call by e-mail addressed to info@gensource.ca or by fax to (306) 974-6413. Submitted questions will be screened for appropriateness and general interest.

About Gensource

Gensource is based in Saskatoon, Saskatchewan and is focused on developing the next potash production facility in that province. Gensource’s President and CEO, Mike Ferguson P.Eng., has assembled a management and technical team with direct and specific expertise and experience in potash development in Saskatchewan.

Neither 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. Forward-looking statements include estimates and statements with respect to Gensource’s future plans, objectives or goals, to the effect that Gensource or management expects a stated condition or result to occur, including funding and development pursuant to the definitive joint venture agreement with the EGME, the expected timing for release of a reserve estimate and a feasibility study and whether or not the study will conclude that mineral production is feasible on a technical or economic basis, and the establishment of vertical integration partnerships and the sourcing of end use potash purchasers. Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results relating to, among other things, funding and development pursuant to a definitive joint venture agreement with the EGME, results of exploration, the economics of processing methods, project development, reclamation and capital costs of Gensource’s mineral properties, the ability to complete a feasibility which supports the technical and economic viability of mineral production, Gensource’s financial condition and prospects, the ability to establish viable vertical integration partnerships and the sourcing of end use potash purchasers, could differ materially from those currently anticipated in such statements for many reasons such as: failure to obtain funding and undertake development pursuant to the definitive joint venture agreement with the EGME; an inability to finance and/or complete an update of the resource estimate to a reserve estimate, and a feasibility study which supports the technical and economic viability of mineral production; changes in general economic conditions and conditions in the financial markets; the ability to find distributors and source off-take agreements; changes in demand and prices for potash; litigation, legislative, environmental and other judicial, regulatory, political and competitive developments; technological and operational difficulties encountered in connection with Gensource’s activities; and other matters discussed in this news release and in filings made with securities regulators. This list is not exhaustive of the factors that may affect any of Gensource’s forward-looking statements. These and other factors should be considered carefully and readers should not place undue reliance on Gensource’s forward-looking statements. Gensource does not undertake to update any forward-looking statement that may be made from time to time by Gensource or on its behalf, except in accordance with applicable securities laws.

Contacts

For further information please contact:
Gensource Potash Corporation:
Mike Ferguson, (306) 974-6414
President and CEO
mike@gensource.ca

Contacts

For further information please contact:
Gensource Potash Corporation:
Mike Ferguson, (306) 974-6414
President and CEO
mike@gensource.ca