Gensource Potash Corp. · TSXV:GSP
Gensource Potash — Investor Presentation (March 2026)
30 slides from Gensource Potash's investor presentation, March 2026
Slide 1: The future of potash
TSXV: GSP Click to edit Master title style AIM: GSP The future of potash Leading The Way To Sustainable Food Security TSXV:GSP March 2026 gensourcepotash.ca 1
Slide 2: Disclaimer
Disclaimer TSXV: GSP AIM: GSP Legal Notice The information contained in this presentation (the “Presentation”) is current as of the date hereof. There is no representation or warrant by Gensource Potash Corporation (the “Company” or “Gensource”) as to the accuracy or completeness of the information
Slide 3: Who is Gensource Potash
Who is Gensource Potash TSXV: GSP AIM: GSP CANADA Gensource is a leader in the potash industry, distinguished by its innovative approach to production, marketing, and environmental responsibility. Modular Potash Production Gensource will produce Muriate of Potash (MOP) using modular methods. Each mo
Slide 4: High quality resource control
TSXV: GSP High quality resource control AIM: GSP Massive potash deposit, readily available to support multiple modules of production • Located in south-central Saskatchewan, a potash-rich area, only 360 km north of the US-Canada border • Over 80,000 acres (~324 square kilometers) of Crown Mineral La
Slide 5: Gensource highlights – first modules towards 3 Million tonnes production
Gensource highlights – Gensource’s first modules towards TSXV: GSP AIM: GSP 3 Million tonnes production ATTRACTIVE GLOBAL POTASH EFFICIENT and SUSTAINABLE 100% OFF-TAKE AGREEMENTS DYNAMICS EXTRACTION METHOD • Renewable take-or-pay off-take agreement for • Food Security now at the top of the • Potash
Slide 6: Critical minerals are the foundation upon which Canada is built
TSXV: GSP Critical minerals are the foundation upon which Canada is AIM: GSP built gensourcepotash.ca 6
Slide 7: Global Agriculture Demand Preferences are Changing
TSXV: GSP Click to Section 1 –edit Master title style Global AIM: GSP Agriculture Demand Preferences are Changing Be the change that you wish to see in the world. - Mahatma Gandhi gensourcepotash.ca 7
Slide 8: Why Gensource? - Feeding the world requires more potash
TSXV: GSP Why Gensource? - Feeding the world requires more potash AIM: GSP 10 Billion 100 Million An estimated global population of ~10 Potash (or “KCl”) is a necessary component in billion in 2050 will significantly increase fertilizer that helps produce healthier soil, larger demand for food1 prod
Slide 9: Current extraction and distribution methods are costly and unsustainable
Current extraction and distribution methods are costly and TSXV: GSP AIM: GSP unsustainable Conventional Potash Extraction Problems Conventional Potash distribution supply chain Producing potash is carbon-intensive, water-intensive Potash is predominantly sold on wholesale markets, which and leaves
Slide 10: Gensource's vertical integration into Global market
Gensource’s vertical integration into Global market TSXV: GSP AIM: GSP Fertilizer Distributor/ VERTICAL INTEGRATION - Direct to customer = higher margins Offtaker/ Project investor Project investment - Potash Customers are served Farmers apply potash is manufactured efficiently by ocean, rail or roa
Slide 11: Gensource Approach To Potash In Saskatchewan
TSXV: GSP Click to2 edit Section Master title style – Gensource AIM: GSP Approach To Potash In Saskatchewan To be interested in food but not food production is clearly absurd. - Wendell Berry gensourcepotash.ca 11
Slide 12: Gensource's business model stands on 3 pillars
TSXV: GSP Gensource's business model stands on 3 pillars AIM: GSP TECHNICAL ADVANCEMENT VERTICAL INTEGRATION Construct clean, scalable, efficient and We streamline the supply sustainable production chain by partnering with facilities. Our methods the end-user – the have less impact on air, agricultu
Slide 13: Our clean, efficient extraction and processing method
TSXV: GSP Our clean, efficient extraction and processing method AIM: GSP By using selective solution mining, we are deploying more efficient and environmentally prudent mining techniques. Gensource does not create salt tailings as a result of the extraction process gensourcepotash.ca 13
Slide 14: Management team with strong track record
TSXV: GSP Management team with strong track record AIM: GSP The Gensource team brings together technical expertise with delivery experience. The core team of Gensource is the same team that led Potash One’ development of the Bethune Mine. Between senior management and independent directors, Gensourc
Slide 15: Seasoned independent corporate governance
TSXV: GSP AIM: GSP Seasoned independent corporate governance Stephen Dyer Wayne Brownlee Amy O’Shea Director – Board Chair Director Director Mr. Brownlee, former Executive Amy is currently CEO of Invaio Mr. Dyer, former CFO and Vice President and CFO of both Sciences and CEO Partner of Senior Vice P
Slide 16: Indigenous partnerships within our community
TSXV: GSP Indigenous partnerships within our community AIM: GSP • We see vast opportunities in the decades ahead by We are all treaty people and believe our building mutually beneficial relationships with First business should reflect the diversity of Nation communities our operating communities • O
Slide 17: Tugaske Project
TSXV: GSP Click to edit Master title Section 3 – Tugaske Project style AIM: GSP Our approach is modular. Our goals are big. gensourcepotash.ca 17
Slide 18: Tugaske Potash Project
Tugaske Potash Project TSXV: GSP AIM: GSP • The Tugaske Project is a modular potash project, located on Gensource’s potash mining lease area in south-central Saskatchewan. Each module provides production capacity of 250,000 t/a. • The project will initially comprise 2 modules for a total of 500,000
Slide 19: Tugaske Project - Resource of up to 360 million tonnes of saleable potash
Tugaske Project - Resource of up to 360 million tonnes of saleable TSXV: GSP AIM: GSP potash on less than 10% of Gensource’s lease/permit area Massive Resource translating into as much as 3 billion tonnes of final product over the entire 80,000 acre lease area Source: NI 43-101 Technical Report Summ
Slide 20: Capacity for multiple modules on Tugaske Project = 3M tonnes annual production
TSXV: GSP Capacity for multiple modules on Tugaske Project = 3M AIM: GSP tonnes annual production Tugaske area containing up to 360M tonnes of Resource gensourcepotash.ca
Slide 21: Earn-In Structure & Economics
Earn - In Structure & Economics TSXV: GSP AIM: GSP Gensource Potash Partner Provides: Provides: - Mining Sub-Lease - Potash Off-take Agreement, or Gensource can - Resource and Reserve provide offtake - Feasibility Engineering - Development capital: - Permitting - Stage-gated, starting with Developme
Slide 22: Tugaske Project highlights
TSXV: GSP Tugaske Project highlights AIM: GSP Designed minimum production of 500,000 metric tonne per annum of saleable MOP using Gensource’s selective solution extraction method Technically and economically robust project Critical infrastructure already in place design – robust economics • Located
Slide 23: Economics & Next Steps
TSXV: GSP Click to edit Master title Section 4 – Economics & style AIM: GSP Next Steps Tugaske Project is just the first step. gensourcepotash.ca 23
Slide 24: Project Implementation Schedule
Project Implementation Schedule TSXV: GSP AIM: GSP gensourcepotash.ca 24
Slide 25: Tugaske Project Progress
Tugaske Project Progress TSXV: GSP AIM: GSP Work Completed And Next Steps ✔ Land secured ✔ Bankable Feasibility Study completed on first module ✔ Environmental approval received on first module ✔ Development permit received ✔ Offtake ✔ Debt financing due diligence in progress ✔ Debt financing in pro
Slide 26: Key Project Visuals
Key Project Visuals TSXV: GSP AIM: GSP Cut-away View of Process Plant Loadout to Storage Compaction/Sizing Dewatering/Drying Crystallization • Small footprint • Negligible environmental impact • No salt tailings due to selective solution mining Power Plant & Utilities Offices Mine Return • No brine
Slide 27: Facility Footprint (Two Modules)
Facility Footprint (Two Modules) TSXV: GSP AIM: GSP 500,000 t/year occurs within the same footprint with 400 m no addition infrastructure required. 400 m gensourcepotash.ca 27 Source: NI 43-101 Technical Report Summarizing the Tugaske Project, Saskatchewan 2021. Report available on SEDAR
Slide 28: Growth pathway to becoming a million t/a producer
TSXV: GSP Growth pathway to becoming a 3 million t/a producer AIM: GSP 2,250,000,000 3,500,000 2,000,000,000 3,000,000 Total Production Capacity (mtpa) 1,750,000,000 6 Total Revenue $US 2,500,000 1,500,000,000 5 1,250,000,000 Project 4 2,000,000 1,000,000,000 1,500,000 750,000,000 Project 3 1,000,00
Slide 29: The opportunity summarized
TSXV: GSP The opportunity summarized AIM: GSP ATTRACTIVE GLOBAL EFFICIENT EXTRACTION OFF-TAKE AGREEMENT FOR POTASH DYNAMICS METHOD 100% PRODUCTION TUGASKY PROJECT IS EXPECTED SCALABLE, LOW- ROBUST FORECASTED ‘UNDERWAY’ WITH SECOND COST PRODUCTION FINANCIAL RETURNS PROJECT (Eyebrow) IN DEVELOPMENT ge
Slide 30: Contact Information
TSXV: GSP Click to edit Master title style AIM: GSP Contact Information Mike Ferguson, President & CEO mike@gensource.ca m. +1.306.291.8221 Rob Theoret, VP Finance & Business Development rob@gensource.ca m. +1.306.290.7325 gensourcepotash.ca 30
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