Gensource Capital Corporation
TSX VENTURE : GSP

Gensource Capital Corporation

August 16, 2012 16:31 ET

Gensource Capital Correction

TORONTO, ONTARIO--(Marketwire - Aug. 16, 2012) - Gensource Capital Corporation ("Gensource" or the "Company") (TSX VENTURE:GSP) (formerly Augen Capital Corp.) announces a correction to its Press Release dated August 15, 2012.

With respect to the appointment of Mr. Stephen Halabura to the Board of Directors of the Company, it was incorrectly stated that "… he participated in bringing the Jansen, Burr, and Young potash projects to BHP Billiton." There was an error and the sentence should have stated that, " …he participated in bringing the Jansen, Boulder Lake and Young potash projects to BHP Billiton." In all other respects the information is accurate.

For more information on Gensource Capital, visit our website at www.Gensource.ca.

The Company's public documents may be accessed at www.sedar.com.

Shares outstanding: 97,999,539

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.

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