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Sage Potash Corp. ( (TSE:SAGE) ) just unveiled an announcement.
Sage Potash Corp. has announced a shares for debt transaction involving the issuance of 1,222,222 common shares to settle financial advisory, consulting, and management fees. This move, subject to TSX Venture Exchange approval, aims to improve the company’s financial position by reducing accrued liabilities, with implications for related party transactions under MI 61-101.
More about Sage Potash Corp.
Sage Potash Corp. is a Canadian company focused on sustainable solution mining techniques to become a leading domestic potash producer in the Paradox Basin, Utah.
Average Trading Volume: 117,301
Technical Sentiment Signal: Strong Buy
Current Market Cap: C$19.23M
For a thorough assessment of SAGE stock, go to TipRanks’ Stock Analysis page.