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Gensource Potash Extends by a Year Maturity Date of Convertible Debentures
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Gensource Potash Extends by a Year Maturity Date of Convertible Debentures
Jun 23, 2025 5:11 AM

07:56 AM EDT, 06/23/2025 (MT Newswires) -- Gensource Potash ( AGCCF ) reported over the weekend a one-year extension to the maturity date of its 5% convertible debentures to June 30, 2026.

The debentures have a principal amount of $2 million and were issued in October 2021. All other terms remained unchanged, the fertilizer company said.

Certain directors, former directors and officers of the company hold most of the debentures, Gensource said.

The debenture amendments remain subject to receipt of all necessary regulatory approvals, including final TSXV approval.

Gensource's share price closed 21.4% higher on Friday to $0.085 on the TSXV.

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