Gensource Potash Corp.
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Company Description
- CEO
- Michael J. Ferguson
- Full Time Employees
- 4
- Sector
- Process industries
- Industry
- Chemicals: agricultural
- Address
- 1st Avenue South Saskatoon SK Canada S7K 1J5
- IPO Date
- Apr 25, 1997
- Website
- gensourcepotash.ca
- Similar Companies
- Business
- Gensource Potash Corporation operates as a fertilizer development company focused on sustainable potash production in Canada. The company develops modular, environmentally responsible potash projects using selective solution mining techniques that produce no salt tailings or brine ponds; its flagship Tugaske Project in Saskatchewan's Vanguard Area targets annual production of at least 250,000 tonnes of muriate of potash (MOP), with 100% of output committed to HELM Fertilizers Corp., a U.S. subsidiary of HELM AG, for the North American market. Additional exploration assets include the Vanguard Area properties encompassing over 70,000 acres of subsurface mineral rights and the 123,000-acre Lazlo Area in the Davidson Sub-basin, both offering multiple scalable project opportunities near key infrastructure such as highways, rail, power, and natural gas. Founded in 1989 and headquartered in Saskatoon, Saskatchewan, Gensource emphasizes vertical integration, low-cost production, and reduced environmental impact to serve global food security needs. In June 2025, the company executed a land purchase agreement for 206 acres at the Tugaske Project site, advancing this shovel-ready initiative with completed feasibility study, environmental assessment, and identified equity partners alongside a mandated lead debt arranger; recent extensions to convertible debentures and promissory notes in 2024-2025, along with a 2023 strategic relationship with Nekaneet First Nation, support ongoing project financing and development efforts.
Company News
Gensource Potash Applauds Federal Productivity Mega Deduction Announced in Toronto, Highlights Transformative Impact for Tugaske Project
Gensource Potash Provides Update on Tugaske Project as Partnership and Financing Advance
Gensource Potash Announces Extension to the Maturity Date of Convertible Debentures and Adoption of a New Omnibus Equity Incentive Plan
Gensource Potash Corporation (GSP:CA) Shareholder/Analyst Call Prepared Remarks Transcript
Gensource Potash Announces Retention of Fundamental Research Corp. for Long-Term Industry and Corporate Analysis and the Company's Next Presentation through the Emerging Growth Platform
Gensource Potash Announces Completion of Shares for Debt Transaction
Gensource Potash Announces Shares for Debt Transaction
Gensource Potash Provides Operational Update: Expanded Engineering Scope, ASEAN Partner Delegation Visit, and Upcoming Meetings around Defense Forum in Toronto
Gensource Potash Corporation Announces Granting of Stock Options
Gensource Potash Announces Engagement of Investor Relations Firm
Emerging Growth Research Releases Flash Report on Gensource Potash; Highlights ASEAN Partnership and Path Toward FID
Gensource Potash Announces Closing of Private Placement Offering
Gensource Potash Corporation to Present on the Emerging Growth Conference on Wednesday May 6, 2026.
Gensource Potash Announces First Closing of Private Placement Offering of Units
Gensource Potash Corporation Announces Initiation of Tugaske Project Technical Update
Gensource Potash Corporation Announces Next Milestone on the Tugaske Project
Gensource Potash Corporation Provides Operational Update on the Tugaske Project and Market Developments
Gensource Potash Announces Extension to the Maturity Date of Convertible Debentures