IN BRIEF: Gensource Potash annual loss widens on higher costs

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Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.

Gensource Potash Corp - fertilizer development company located in Saskatchewan, Canada - For 2021, pretax loss widens to C$4.9 million, about $3.9 million, from C$1.0 million, due to a sharp rise in general and administrative costs.

Gensource Potash first started trading on London's AIM in early November.

Looking ahead, the company will seek to raise additional funding to complete the financing of the Tugaske project, and start on the development of a second project.

Current stock price: 25.00 pence, up 8.7% in London on Monday

12-month change: down 9.1% since November 5

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