Gensource Extends Convertible Debentures Maturity

Gensource Potash (TSE:GSP) has released an update.

Gensource Potash Corporation has announced a one-year extension of the maturity date for its $2 million convertible debentures from June 30, 2024, to June 30, 2025, with the amendment receiving the independent director’s approval as fair and reasonable for shareholders. The extension is subject to regulatory approvals, including from the TSX Venture Exchange. The company emphasizes its commitment to sustainable potash production and its innovative business model aimed at minimizing market and environmental risks.

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