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Gensource announces appointment to board of directors

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World Fertilizer,

Gensource Potash Corp. has announced that Mike Mueller has joined the company’s board of directors, effective today.

The Chairman of the Board, President and CEO of Gensource, Mike Ferguson, said: “We are extremely pleased that Mike has agreed to join us as a Director. With Mike’s background in corporate finance and his direct, hands-on experience with new technology startup companies, Gensource stands to benefit greatly. We have communicated consistently over the years that Gensource is not a typical ‘junior mining’ company, but rather a true startup... we are here to be a new and independent producer in the potash industry and Mike’s track record of shepherding small companies through the startup stage to success brings a key skill set to our board.”

Mueller started his career in the investment banking industry with TD, culminating as Vice Chairman, Global Investment Banking with TD Bank Financial Group. After TD, he became President and CEO of MDS Capital Corp. – a US$1 billion venture capital firm. From that role, he moved into creating his own portfolio of startup companies, with which he helped to formulate strategic business plans, financings and CEO mentoring and development. Furthermore, Mueller spent 12 years with the Public Service Pension (PSP) Investment Board, ultimately serving as Chairman.

Ferguson added: “While new to mining, Mike brings so many key skills to Gensource, such as public company governance, strategic planning, novel startup appropriate finance strategies, and perhaps most importantly, a positive and forward-looking energy and a deep understanding of the start-up landscape that will help the company move to the next level, as a potash producer.”

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