Gensource Announces Granting of Stock Options
09 June 2016 - 9:00AM
PR Newswire (Canada)
SASKATOON, June 8, 2016 /CNW/ - Gensource Potash
Corporation ("Gensource" or
the "Corporation") (TSX-V:GSP) announces that it
has granted an aggregate of 3,700,000 stock options, of which
3,000,000 were granted to certain directors and senior officers of
the the Corporation at an exercise price of $0.06 with an expiration date of June 6, 2021. The options were granted
under the Corporation's Stock Option Plan and each stock option
entitles the holder to acquire one common share.
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.
SOURCE Gensource Potash Corp
Copyright 2016 Canada NewsWire
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