Business
Sage Potash Announces Engagement of Connecticut-Based Investment Bank ACP Capital Markets as Exclusive Financial Advisor
Sage Potash Announces Engagement of Connecticut-Based Investment Bank ACP Capital Markets as Excl...
About this update from Sage Potash Corp.
[{"type":"text","content":"\n \n \n \n Sage Potash Announces Engagement of Connecticut-Based Investment Bank ACP Capital Markets as Exclusive Financial Advisor\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n VANCOUVER, BC\n \n \n ,\n \n \n Nov. 21, 2023\n \n \n /CNW/ -\n \n \n \n Sage Potash Corp.\n \n \n \n (TSXV: SAGE) (OTCQB: SGPTF) (\"\n \n Sage Potash\n \n \" or the \"\n \n Company\n \n \") is pleased to announce its collaboration with\n \n Connecticut\n \n -based investment bank,\n \n \n \n ACP Capital Markets\n \n \n \n \n \n (referred to as \"\n \n ACP\n \n \"). ACP will serve as the exclusive financial advisor to Sage Potash, bolstering the company's near-term financing goals. This collaboration is poised to ignite Sage Potash's district-scale Sage Plains Potash Project situated in\n \n Utah's\n \n prolific Paradox Basin.\n \n \n \n \n \n \n \n \n \n Sage Potash is actively advancing the Sage Potash project, focusing Resource Definition, and permitting that will allow for drilling of geological wells that will double as water access, cavern development and waste disposal wells, all of which will support the establishment of an initial demonstration (pilot potash recovery) plant. ACP will work closely with Sage Potash to secure the necessary funding required to execute the establishment of a 20,000 to 50,000 TPY operation. This initial production phase will not only kickstart project cash flow but also provide valuable insights into solution mining production methods, facilitating further refinement and scalability.\n \n \n This partnership underscores Sage Potash's commitment to the success of the Sage Plains potash project and represents a significant step toward realizing its full potential.\n \n \n \n Peter Hogendoorn\n \n , CEO of Sage Potash Corp., expressed, \"We are pleased to announce our partnership with ACP Capital Markets. Their expertise and deep reach to knowledgeable AG investors and strategic partners will be key to creating a financial structure that leverages valuation at the project level. ACP has a proven track record...