Gensource Announces Granting of Stock Options

Gensource Potash Corporation (“Gensource” or the “Corporation”) (TSX-V: GSP) announces that it has today granted an aggregate of 1,500,000 stock options (”Options”), to certain directors of the Corporation. The Options were granted under the Corporation's Stock Option Plan and each Option entitles the holder to acquire one common share at an exercise price of $0.105 and are exercisable for a period of 5 years. This grant of Options is subject to acceptance by the TSX Venture Exchange.

About Gensource

Gensource is based in Saskatoon, Saskatchewan and is focused on developing the next potash production facility in that province – but with a radically and fundamentally different approach. Gensource’s President & CEO, Mike Ferguson, P.Eng., has assembled a management and technical team with direct and specific expertise and experience in potash development in Saskatchewan.

Gensource operates under a business plan that has two key components: (1) vertical integration with the market to ensure that all production capacity built is directed, and pre-sold, to a specific market, eliminating market-side risk; and (2) technical innovation which will allow for a small and economic potash production facility, which is much friendlier to the environment to construct and operate - the output of which can then be directed to a single, specific market.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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