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Sage Potash Corp. ( (TSE:SAGE) ) just unveiled an announcement.
Sage Potash Corp. has announced a non-brokered private placement to raise up to $4 million by issuing 16,000,000 common shares at $0.25 each. The funds will be used for exploration and general working capital, with potential involvement from company directors and officers. This move is expected to bolster the company’s financial position and support its strategic goals in the potash industry.
More about Sage Potash Corp.
Sage Potash Corp. is a Canadian company focused on becoming a leading domestic potash producer through sustainable solution mining techniques at its Sage Plain Property in the Paradox Basin, Utah.
Average Trading Volume: 118,280
Technical Sentiment Signal: Strong Buy
Current Market Cap: C$19.94M
Learn more about SAGE stock on TipRanks’ Stock Analysis page.