On May 30, 2023, Gensource Potash Corporation closed the transaction. The company has issued 6,118,583 units for gross proceeds of CAD 917,787.45. The transaction included participation from certain directors and officers of the company for 2,485,250 units. The securities issued pursuant to this closing of the transaction are subject to a hold period of four months plus a day expiring September 30, 2023. This closing of the transaction remains subject to receipt of the final approval of the TSX Venture Exchange.

The TSX Venture Exchange has accepted for filing documentation with respect to the transaction. The transaction included participation from 9 placees including total existing insider involvement for 2,485,250 from seven insiders.