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Gensource Potash Corporation

09:45 AM EST - Gensource Potash Corporation : Today announced that on December 30, 2022, it completed the first closing of its previously announced non-brokered private placement offering of (i) units of the Company at a price of $0.15 per Unit; and (ii) common shares of the Company that are “flow-through shares” as defined in subsection 66(15) of the Income Tax Act (Canada) at a price of $0.20per Flow Through Share. At the first closing, the Company issued 2,400,000Flow Through Shares for aggregate gross proceeds of $480,000.00. Gensource Potash Corporation shares V.GSP are trading unchanged at $0.82.