Business
Sage Potash Announces Financing Upsize to $10 Million
Vancouver, British Columbia--(Newsfile Corp. - December 10, 2025) - Sage Potash Corp. (TSXV: SAGE...
About this update from Sage Potash Corp.
[{"type":"text","content":"Sage Potash Announces Financing Upsize to $10 MillionVancouver, British Columbia--(Newsfile Corp. - December 10, 2025) - Sage Potash Corp. (TSXV: SAGE) (OTCQB: SGPTF) (\"Sage Potash\" or the \"Company\") is pleased to announce that, further to its December 8, 2025 news release, due to strong investor commitment and interest, it has upsized its previously announced non-brokered private placement (the \"Offering\") from $7 million to $10 million.The Offering will now consist of up to 50,000,000 units of the Company (the \"Units\") at a price of $0.20 per Unit, with each Unit comprising one common share in the capital of the Company (a \"Common Share\") and one non-transferable Common Share purchase warrant (a \"Warrant\"). Each Warrant will be exercisable to purchase one Common Share at a price of $0.30 for a period of three (3) years from the date of closing of the Offering. All securities issued under the Offering will be subject to a hold period of four months and one day from the date of issuance under applicable securities laws.Proceeds of the Offering will be used primarily to commence the work necessary to carry out key recommendations made by internationally recognized engineering firm, RESPEC LLC, in the Company's recently filed Preliminary Economic Assessment (see November 6, 2025 news release), including drilling of a stratigraphic hole, drill core analysis and testing and engineering review. The proceeds will also be used for working capital and for general and administrative expense purposes. The Company may pay finders' fees in cash and/or securities of the Company in connection with the Offering. Closing of the Offering is subject to TSX Venture Exchange acceptance.About Sage PotashSage Potash Corp. (TSXV: SAGE) (OTCQB: SGPTF) is dedicated to the development of its flagship Sage Plain Potash Project, located in the Paradox Basin, Utah. With a large and high-grade resource base, the Company is advancing toward its goal of establishing a secure and sustainable domestic potash production platform in the United States. Sage Potash is committed to food security, environmental stewardship, and creating value for shareholders and stakeholders alike.On Behalf of the Board of Directors,J. Patricio VarasInterim CEO+1 (236) 521-1521Website: www.sagepotash.comFor media inquiries, please contact: Marcus van der Made, Investor Re...