Comments
yourfanat wrote: I am using another tool for Oracle developers - dbForge Studio for Oracle. This IDE has lots of usefull features, among them: oracle designer, code competion and formatter, query builder, debugger, profiler, erxport/import, reports and many others. The latest version supports Oracle 12C. More information here.
Cloud Expo on Google News
SYS-CON.TV
Cloud Expo & Virtualization 2009 East
PLATINUM SPONSORS:
IBM
Smarter Business Solutions Through Dynamic Infrastructure
IBM
Smarter Insights: How the CIO Becomes a Hero Again
Microsoft
Windows Azure
GOLD SPONSORS:
Appsense
Why VDI?
CA
Maximizing the Business Value of Virtualization in Enterprise and Cloud Computing Environments
ExactTarget
Messaging in the Cloud - Email, SMS and Voice
Freedom OSS
Stairway to the Cloud
Sun
Sun's Incubation Platform: Helping Startups Serve the Enterprise
POWER PANELS:
Cloud Computing & Enterprise IT: Cost & Operational Benefits
How and Why is a Flexible IT Infrastructure the Key To the Future?
Click For 2008 West
Event Webcasts
Gensource Capital Announces Private Placement and Letter of Intent in Subsidiary Gensource Potash

SASKATOON, SASKATCHEWAN -- (Marketwire) -- 01/18/13 -- Gensource Capital Corporation ("Gensource" or the "Company") (TSX VENTURE:GSP) announces it will be conducting a non-brokered private placement of units ("Units") at a price of $0.08 per Unit and flow-through units ("FT Units") at a price of $0.10 per FT Unit, for aggregate gross proceeds of up to $2,500,000 (the "Offering").

Each Unit will consist of one (1) common share and one half (1/2) of one common share purchase warrant ("Warrant"). Each whole Warrant will entitle the holder to acquire an additional common share at a price of $0.12 for a period of eighteen (18) months.

Each FT Unit will consist of one (1) common share to be issued on a "flow-through" basis and one half (1/2) of one common share purchase warrant ("FT Warrant"). Each whole FT Warrant will entitle the holder to acquire an additional common share at a price of $0.14 for a period of eighteen (18) months.

The proceeds from the sale of FT Units will be used for exploration purposes. The net proceeds from the sale of Units will be used for exploration and general working capital purposes.

All securities issued in conjunction with the Offering will be subject to a four-month statutory hold period in Canada. The Company may pay finder's fees to certain finders consisting of a cash commission equal to up to 8% of the gross proceeds of the Offering, plus non-transferable compensation options to purchase that number of common shares of the Company equal to up to 8% of the total number of Units and FT Units sold pursuant to the Offering.

Gensource Potash Corp, a wholly owned subsidiary of Gensource Capital announces that they have signed a letter of intent with an international resource company with an interest in developing a potash project in Saskatchewan. The letter of intent is designed to provide confidentiality to advance further negotiations and is non-binding. The agreement is subject to approval by the respective boards of directors. This disclosure is for information purposes only and no assurances can be given that the parties will advance beyond these discussions.

Completion of the Offering is subject to approval of the TSX Venture Exchange.

About Gensource Capital Corporation

Gensource Capital Corporation is a merchant bank based in Saskatoon, Saskatchewan focused on developing resource opportunities. The primary project is a wholly subsidiary Gensource Potash Corporation also based in Saskatoon, Saskatchewan. Gensource Potash Corp. is led by Mike Ferguson P.Eng. President and CEO. Mr. Ferguson has assembled a world class management team with direct and specific interest in potash development.

This news release contains forward-looking statements, including statements regarding the completion of the Offering and the use of proceeds of the Offering. These statements are based on certain factors and assumptions, including expected growth, results of operations, performance and business prospects and opportunities. While the Company considers these factors and assumptions to be reasonable based on information currently available, they may prove to be incorrect. A number of factors could cause actual results to differ materially from those in the forward-looking statements, including, but not limited to results of exploration, project development, reclamation and capital costs of the companies in the merchant banking portfolios ("investee companies"), and the Company's financial condition and prospects, could differ materially from those currently anticipated in such statements for many reasons such as: changes in general economic conditions and conditions in the financial markets; changes in demand and prices for the minerals the investee companies expect to produce; litigation, legislative, environmental and other judicial, regulatory, political and competitive developments; technological and operational difficulties encountered in connection with the activities of the Company and investee companies. Additional risks and uncertainties can be found in our Management's Discussion and Analysis and in filings with the Canadian provincial securities commissions. Forward looking statements are given only as at the date of this news release and the Company disclaims any obligation to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contacts:
Gensource Capital Corporation
Alan Cruickshank
President & CEO
(306) 974-6406
alan@gensource.ca

Gensource Potash Corporation
Mike Ferguson
President and CEO
306-974-6416
mike@gensource.ca

About Marketwired .
Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Cloud Developer Stories
Cultural, regulatory, environmental, political and economic (CREPE) conditions over the past decade are creating cross-industry solution spaces that require processes and technologies from both the Internet of Things (IoT), and Data Management and Analytics (DMA). These solution ...
The Internet of Things (IoT) is going to require a new way of thinking and of developing software for speed, security and innovation. This requires IT leaders to balance business as usual while anticipating for the next market and technology trends. Cloud provides the right IT as...
Cloud Foundry open Platform as a Service makes it easy to operate, scale and deploy application for your dedicated cloud environments. It enables developers and operators to be significantly more agile, writing great applications and deliver them in days instead of months. Cloud ...
European data center operator DEAC is the largest in the Baltics. The activities are orientated to provide data center services and IT outsourcing on Eurasia and America scale in order to create the primary or backup or additional data center for customer in the EU, to protect it...
IoT is still a vague buzzword for many people. In his session at Internet of @ThingsExpo, Mike Kavis, Vice President & Principal Cloud Architect at Cloud Technology Partners, will discuss the business value of IoT that goes far beyond the general public's perception that IoT is a...
Subscribe to the World's Most Powerful Newsletters
Subscribe to Our Rss Feeds & Get Your SYS-CON News Live!
Click to Add our RSS Feeds to the Service of Your Choice:
Google Reader or Homepage Add to My Yahoo! Subscribe with Bloglines Subscribe in NewsGator Online
myFeedster Add to My AOL Subscribe in Rojo Add 'Hugg' to Newsburst from CNET News.com Kinja Digest View Additional SYS-CON Feeds
Publish Your Article! Please send it to editorial(at)sys-con.com!

Advertise on this site! Contact advertising(at)sys-con.com! 201 802-3021



SYS-CON Featured Whitepapers
ADS BY GOOGLE

Breaking Cloud Computing News

NEW YORK, Sept. 30, 2014 /PRNewswire/ -- ARK Investment Management (ARK) is pleased to announce t...