Gensource Potash (TSE:GSP) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Gensource Potash Corporation has extended the maturity dates of promissory notes totaling $300,000 from June 25 to December 24, 2024. These notes, held by CEO Michael Ferguson and directors Wayne Brownlee and Stephen Dyer, are unsecured and carry a 0% interest rate. The modification of the terms is classified as a ‘related party transaction’ but is exempt from formal valuation and minority shareholder approval.
For further insights into TSE:GSP stock, check out TipRanks’ Stock Analysis page.
Trending Articles:
- “The No. 1 Destination for the Most Talented Artists”: Netflix Stock (NASDAQ:NFLX) Notches Up as the Duffer Brothers Consider Jumping Ship
- “Breakthrough EVs”: Ford Stock (NYSE:F) Notches Up on New Battery Details
- “An Equity Stake”: Intel Stock (NASDAQ:INTC) Surges as U.S. Government May Buy In With CHIPS Act Money