Gensource Potash Corporation — Capital/Financing Update 2021

Nov 26, 2021

FCAA

Financial and

Consumer

Affairs Authority

Financial and Consumer Affairs Authority of Saskatchewan

Securities Division

601-1919 Saskatchewan Drive

Regina, Saskatchewan S4P 4H2

PROSPECTUS

Gensource Potash Corporation

This is the receipt of the Financial and Consumer Affairs Authority of Saskatchewan for the Preliminary Short Form Base Shelf Prospectus of the above Issuer dated November 26, 2021 (the preliminary prospectus).

This receipt also evidences that the Ontario Securities Commission has issued a receipt for the preliminary prospectus.

The preliminary prospectus has been filed under Multilateral Instrument 11-102 Passport System in Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Nova Scotia, and Prince Edward Island. A receipt for the preliminary prospectus is deemed to be issued by the regulators in these jurisdictions, if the conditions of the Instrument have been satisfied.

November 26, 2021

"Heather Kuchuran"

Heather Kuchuran

Director, Corporate Finance

SEDAR Project # 3308852