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Sage Potash Corp. ( (TSE:SAGE) ) has issued an announcement.
Sage Potash Corp. announced the results of its annual general and special meeting, where all proposed motions were approved, including the election of directors and amendments to the stock option plan. Additionally, the company confirmed the issuance of 500,000 common shares to settle a debt of $135,000 with a non-arm’s length creditor, subject to a four-month hold period. This transaction aligns with Sage Potash’s strategic efforts to strengthen its financial position and advance its potash production goals.
More about Sage Potash Corp.
Sage Potash Corp. is focused on the development of its Sage Plain Potash Project located in the Paradox Basin, Utah. The company aims to establish a secure and sustainable domestic potash production platform in the United States, emphasizing food security, environmental stewardship, and value creation for shareholders and stakeholders.
Average Trading Volume: 241,276
Technical Sentiment Signal: Buy
Current Market Cap: C$39.55M
Learn more about SAGE stock on TipRanks’ Stock Analysis page.