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IN BRIEF: Gensource Potash extends convertible bond maturity date

5th Jun 2023 14:36

Gensource Potash Corp - Saskatchewan, Canada-based fertiliser development company - Extends maturity date of each of its 5% convertible debentures from June 2023 to June 2024. Says company directors hold around USD1.8 million in debentures. The convertible debentures were first issues in October 2021 at USD2 million. Also announces it has granted an aggregate 15.4 million stock options, of which 14.9 million were granted to directors and senior officer at a price of USD0.125 per share and are exercisable for a period of five years.

Current stock price: 12.50, trading flat on Monday

12-month change: down 43%

By Sabrina Penty, Alliance News reporter

Comments and questions to [email protected]

Copyright 2023 Alliance News Ltd. All Rights Reserved.


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