SASKATOON, SASKATCHEWAN--(Marketwire - Jan. 9, 2013) - Gensource Capital Corp (TSX VENTURE:GSP) ("Gensource") is pleased to announce that it has engaged Investor Cubed Inc. to provide investor relations and shareholder communications services effective January 1, 2013. In connection with the engagement, Investor Cubed has been awarded a consulting contract paying $6,000 per month for a term of twelve months. In addition, Investor Cubed has been granted options to purchase 1,000,000 shares of Gensource at a price of ten cents ($0.10) per share. The options will vest quarterly over a period of eighteen months with an expiry date of June 30, 2014 and will be governed by the provisions of Gensource's stock option plan.
Alan Huycke, President of Investor Cubed comments: "We are pleased to be working with Gensource as they develop their exciting potash project that is strategically located in Saskatchewan's potash mining district. Investor Cubed understands the importance a leading management team has in the success of a junior resource company and we believe our financial industry contacts will be impressed by the track record of Gensource's management team."
Alan Cruickshank, Gensource's President & CEO comments, "Gensource's management team is committed to raising market awareness for the Company. The appointment of Investor Cubed brings an experienced investor relations group with broad industry contacts to our team and their support in communicating the Company's message to the public markets will be important."
About Investor Cubed Inc.
Investor Cubed provides specialized investor relations and business consulting services to a select group of leading emerging and mid-capitalization companies. Investor Cubed assists these companies in gaining exposure to an established national network of financial industry professionals. This broad network includes investment advisors, bank owned investment dealers and leading independent financial firms. In addition, Investor Cubed provides traditional Investor Relations services including tailored national marketing and communications strategies.
About Gensource Capital Corporation
Gensource Capital Corp. is a merchant bank based in Saskatoon Saskatchewan focused on developing resource opportunities. The primary project is a wholly subsidiary Gensource Potash Corporation also based in Saskatoon Saskatchewan. Gensource Potash Corp. is led by Mike Ferguson P.Eng. President and CEO. Mr. Ferguson has assembled a world class management team with direct and specific interest in potash development.
This news release may include comments that do not refer strictly to historical results or actions and may be deemed to be forward-looking within the meaning of the Safe Harbor provisions of the U.S. federal securities laws. These include, among others, statements about expectations of future revenues, cash flows, and cash requirements. Forward-looking statements are subject to risks and uncertainties that may cause Gensource's results to differ materially from expectations. These risks include the Company's ability to raise additional funding, develop its business-to-business sales and operations, develop appropriate strategic alliances and successful development and implementation of technology, acceptance of the Company's products and services, competitive factors, new products and technological changes, and other such risks as the Company may identify and discuss from time to time, including those risks disclosed in the Company's Form 20-F filed with the Securities and Exchange Commission. Accordingly, there is no certainty that the Company's plans will be achieved. Important factors that could cause actual results to differ materially from the Company's expectations are disclosed in the Company's documents filed from time to time with the Toronto Stock Exchange, on SEDAR (the System for Electronic Document Analysis and Retrieval at www.sedar.com) and the US Securities and Exchange Commission. This news release shall not constitute an offer to sell or the solicitation of an offer to buy securities of the Company in any jurisdiction.
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.