London Stock Exchange welcomes Gensource Potash Corporation to AIM
London Stock Exchange today welcomes Gensource Potash Corporation (“Gensource” or the “Company”), a fertilizer development company focused on sustainable potash production through its Tugaske project in southern Saskatchewan, to the Alternative Investment Market (“AIM”) of the London Stock Exchange.
The Company is on track to become to next fertilizer production Company in Saskatchewan. 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 small and economic potash production facility, that demonstrates environmental leadership within the industry by using significantly less water per tonne compared to conventional solution mining operations, producing no salt tailings, therefore eliminating, decommission risk and requiring no surface brine ponds, thereby removing the single largest negative environmental impact of potash mining.