Brief: Gensource announces brokered private placement for up to $6 mln

Gensource Potash

28/04/2017 12:00

April 28 (Reuters) - Gensource Potash Corp  GSP.V : 
    * Gensource announces brokered private placement for up to 
$6,000,000 
    * Gensource Potash Corp - offering will consist of sale of 
up to 11.11 mln common shares in capital stock of company at a 
price of $0.18 per common share 
    * Gensource Potash - offering will also consist of sale up 
to 20 million common shares issued on a flow-through basis for 
gross proceeds of up to $4 million 
    * Gensource Potash - gross proceeds from sale of 
flow-through share portion of offering will be used to fund cee 
related to projects in Saskatchewan 
 
Source text for Eikon:  ID:nBwcdrB7xa  
Further company coverage:  GSP.V  
 
 ((Bangalore.newsroom@thomsonreuters.com;))