Gensource has worked with Innovare over the past six years to develop Gensource’s modular potash production module, earmarked for its first deployment at Tugaske.
“This initiative is about the first project and all those that follow – ensuring that we are maximizing shareholder value going forward for the investments being made now in the development of the Tugaske project,” he said.
“A key interest of sophisticated investors is understanding that the group they invest in has unique technology and techniques that differentiate it from the rest of the industry. {It’s also important to them] that the company controls the underlying technology to avoid other copycat developments that might undermine shareholder value (Gensource now has full control over the underlying technology),” Ferguson said in an exclusive emailed statement.
According to Ferguson, the acquisition will place the company in a strong competitive…
