Sage Potash Announces Further Financing Upsize to $14 Million

Core Viewpoint - Sage Potash Corp. has increased its non-brokered private placement from $12 million to $14 million due to significant investor interest [1] Group 1: Offering Details - The Offering will consist of up to 70,000,000 units priced at $0.20 per unit, with each unit including one common share and one non-transferable warrant [2] - Each warrant is exercisable to purchase one common share at a price of $0.30 for three years from the closing date of the Offering [2] - All securities issued will be subject to a hold period of four months and one day from the issuance date [2] Group 2: Use of Proceeds - Proceeds from the Offering will primarily fund work recommended by RESPEC LLC in the Preliminary Economic Assessment, including drilling, core analysis, and engineering review [3] - Additional funds will be allocated for working capital and general administrative expenses [3] Group 3: Company Overview - Sage Potash Corp. is focused on developing its flagship Sage Plain Potash Project in the Paradox Basin, Utah, aiming to establish a sustainable domestic potash production platform [5] - The company emphasizes food security, environmental stewardship, and value creation for shareholders and stakeholders [5]