Easy to Finance and Scale Eco-friendly Potash Production Interview with Mike Ferguson

Gensource Potash trades on the Toronto Venture Stock Exchange and the London AIM Market.

Financing was very Europe-centric, so London is a good fit.

Taking a modular approach enables them to start small and easily find finance, then ramp up as fast as the market allows.

A single module of 250,000 tonnes production is a strong economic unit all by itself.

These small modules can be run at 100% capacity from day one, which improves capital efficiencies.

All product for the Saskatchewan facility is presold. A setup that virtually eliminates risk.

Gensource is turning potash mining into something more akin to a manufacturing process.

No salt tailings are created, which means no surface brine ponds.

All of their power and heat are self-generated. They plan to become a true net-zero operation.

Tugaske will be co-owned by Gensource and their partner Helm.

The cyclical mining approach they use enables them to use 75% less freshwater per tonne of product.

Working with Helm, Gensource is disrupting the market providing an alternative supply in a market where just five producer accounts for 75 to 80% of the supply.

Gensource´s supply chain has been greatly simplified, which saves a lot of money. It also has an extremely low carbon footprint.

A growing global population means demand for potash will continue to grow.

Construction is due to start production, in 2024.