Gensource Potash Corporation — Capital/Financing Update 2021

Dec 10, 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 Short Form Base Shelf Prospectus of the above Issuer dated December 10, 2021 (the prospectus).

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

The 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 prospectus is deemed to be issued by the regulators in these jurisdictions if the conditions of the Instrument have been satisfied.

December 10, 2021

"Heather Kuchuran"

Heather Kuchuran
Director, Corporate Finance

SEDAR Project # 3308852