Gensource Potash (TSE:GSP) has released an update.
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Gensource Potash Corporation has received ongoing support in the form of $300,000 through promissory notes from its directors, coinciding with the company considering the cost-benefit of maintaining its listing on the AIM market amid negotiations with private investors. The company’s shares on AIM were suspended following the resignation of its UK nominated adviser, Strand Hanson Limited, with a one-month deadline to find a replacement or face cancellation of its AIM securities. This financial update is crucial for shareholders and potential investors, given the implications for the company’s future financing and stock market presence.
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