Gensource Potash Corp - Saskatchewan, Canada-based fertiliser development company - Completes previously announced non-brokered private placement offering at a price of USD0.15 which raised USD917,787.45. Proceeds will be used to advance the Tugaske potash project and for general working capital purposes. Continues to work to secure additional capital for the project.

Current stock price: 15.50 pence, down 9.4% in London on Tuesday

12-month change: down 30%

By Jeremy Cutler, Alliance News reporter

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