Business
Sage Potash Increases Financing to $10 Million Amid Strong Demand
Sage Potash Corp. has announced an increase in its financing efforts, raising the amount of its non-brokered private placement from the previously planned $7 million to a total of $10 million. This decision, revealed in a statement on December 10, 2025, was driven by significant investor interest and commitment.
The revised offering will consist of up to 50,000,000 units priced at $0.20 per unit. Each unit includes one common share and a non-transferable purchase warrant. The warrants will allow investors to purchase an additional common share at a price of $0.30 for a period of three years following the closing of the offering. All securities issued will be subject to a hold period of four months and one day, in accordance with applicable securities regulations.
Proceeds from this financing will primarily fund essential work tied to recommendations from the internationally recognized engineering firm, RESPEC LLC. These efforts include the drilling of a stratigraphic hole and conducting drill core analyses, as outlined in the Company’s recently filed Preliminary Economic Assessment. Additionally, funds will be allocated for working capital, along with general and administrative expenses.
The Company may also compensate finders with cash and/or securities in connection with the offering. The closing of this financing is contingent upon acceptance from the TSX Venture Exchange.
Overview of Sage Potash Corp.
Sage Potash Corp. is focused on the development of its flagship project, the Sage Plain Potash Project, located in the Paradox Basin of Utah. The Company aims to establish a secure and sustainable platform for domestic potash production within the United States. Committed to food security and environmental stewardship, Sage Potash emphasizes creating value for both its shareholders and stakeholders.
J. Patricio Varas, the Interim CEO of Sage Potash, noted the importance of this financing in advancing the Company’s operational goals. He stated, “The increased interest from investors reflects confidence in our strategy and the potential of our projects.”
For further inquiries, media representatives can contact Marcus van der Made in Investor Relations at [email protected].
Neither the TSX Venture Exchange nor its Regulation Services Provider assumes responsibility for the accuracy of this release.
This announcement includes forward-looking statements regarding the offering and future performance of Sage Potash. These statements are based on current expectations and are subject to various risks and uncertainties. Readers are advised not to place undue reliance on these forward-looking statements, as actual results may differ materially.
For additional information, visit Sage Potash’s website at www.sagepotash.com.
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