U.S. Markets open in 4 hrs 25 mins

Gensource Retains thinkHERO to Manage Social Media Program

SASKATOON, Saskatchewan--(BUSINESS WIRE)--

Gensource Potash Corporation (“Gensource” or the “Company”) (TSX.V: GSP) announces it has retained thinkHERO Incorporated, (“thinkHERO”) to provide social media and communications services.

Mike Ferguson, President & CEO of Gensource stated, “With the recent second project being advanced in the Vanguard Area (see May 22, 2019 news release), we’re entering an exciting period for the Company and thinkHERO will play an important role in communicating upcoming milestones and enhancing its communication among industry stakeholders and investors.”

thinkHERO Incorporated, a Toronto-based digital marketing company dedicated to building investor awareness, will assist the Company in increasing market awareness by managing the Company’s social media activities, corporate communications and facilitating dialogue with shareholders, finance professionals, analysts and media.

Under the terms of the agreement, the Company will pay Minera IR a monthly fee of $1,899 and the initial contract term is 6 months. The agreement is subject to the approval of the TSX Venture Exchange.

About thinkHERO Incorporated

thinkHERO Incorporated is a Toronto based digital marketing company dedicated to building investor awareness. thinkHERO fuses compelling storytelling, marketing savvy, and new technology to drive results. thinkHERO helps private, pre-public and public companies in the US and Canada attract capital, investors and media attention. thinkHERO Incorporated is owned and operated by Patrick Piette. Mr. Piette currently owns 410,000 common shares of Gensource.

About Gensource

Gensource is based in Saskatoon, Saskatchewan and is focused on developing the next potash production facility in that province. Gensource’s President and CEO, Mike Ferguson, P.Eng., has assembled a management and technical team with direct and specific expertise and experience in potash development in Saskatchewan.

Gensource operates under a business plan that has two key components - vertical integration with the market to ensure that all production capacity built is directed to a specific market, eliminating market-side risk; and, technical innovation which will allow for a small and economic potash production facility, while the same time demonstrating significant reductions in community and environmental impact .

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Caution Regarding Forward-Looking Statements

This news release may contain forward looking information and Gensource cautions readers that forward- looking information is based on certain assumptions and risk factors that could cause actual results to differ materially from the expectations of Gensource included in this news release. This news release includes certain "forward-looking statements”, which often, but not always, can be identified by the use of words such as "believes", "anticipates", "expects", "estimates", "may", "could", "would", "will", or "plan". These statements are based on information currently available to Gensource and Gensource provides no assurance that actual results will meet management's expectations. Forward-looking statements include estimates and statements with respect to Gensource’s future plans, objectives or goals, to the effect that Gensource or management expects a stated condition or result to occur, including the establishment of vertical integration partnerships and the sourcing of end use potash purchasers. Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results relating to Gensource’s financial condition and prospects, the ability to establish viable vertical integration partnerships and the sourcing of end use potash purchasers could differ materially from those currently anticipated in such statements for many reasons such as: failure to settle a definitive joint venture agreement with a party and advance and finance the project; changes in general economic conditions and conditions in the financial markets; the ability to find and source off-take agreements; changes in demand and prices for potash; litigation, legislative, environmental and other judicial, regulatory, political and competitive developments; technological and operational difficulties encountered in connection with Gensource’s activities; and other matters discussed in this news release and in filings made with securities regulators. This list is not exhaustive of the factors that may affect any of Gensource’s forward-looking statements. These and other factors should be considered carefully and readers should not place undue reliance on Gensource’s forward-looking statements. Gensource does not undertake to update any forward-looking statement that may be made from time to time by Gensource or on its behalf, except in accordance with applicable securities laws.

View source version on businesswire.com: https://www.businesswire.com/news/home/20190719005419/en/