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Gensource Potash Corporation (TSXV:GSP) announced the closing of its previously announced non-brokered private placement of $124,250 consisting of 450,000 Flow-Through shares at $0.08 per share and 1,260,715 Non-Flow-Through shares at $0.07 per share.
Gensource Potash Corporation (TSXV:GSP) announced the closing of its previously announced non-brokered private placement of $124,250 consisting of 450,000 Flow-Through shares at $0.08 per share and 1,260,715 Non-Flow-Through shares at $0.07 per share.
As quoted in the press release:
All securities issued in conjunction with the Offering are subject to a four-month statutory hold period in Canada.
Completion of the Offering is subject to approval of the TSX Venture Exchange.
The net proceeds from the sale of shares will be used to advance the development of the Lazlo project.
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