Gensource Potash Closes Financing

Gensource Potash Corporation (TSXV:GSP) has closed its non-brokered private placement financing for $740,500 comprised of 10,578,571 Units at $0.07 per Unit.

As quoted in the press release:

Each Unit consisted of one (1) common share and one-half (1/2) common share purchase warrant (“Warrant”). Each whole Warrant will entitle the holder to acquire an additional common Share at a price of $0.10 for a period of twenty-four (24) months. The net proceeds from the sale of Units will be used for exploration and general working capital purposes.

Click here to read the Gensource Potash Corporation (TSXV:GSP) press release
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