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The latest update is out from Sage Potash Corp. ( (TSE:SAGE) ).
Sage Potash Corp. has announced an increase in its non-brokered private placement financing from $7 million to $10 million due to strong investor interest. The funds will be used to implement key recommendations from a recent Preliminary Economic Assessment, including drilling and engineering activities, as well as for working capital and administrative expenses. This move is expected to advance the company’s operations and strengthen its position in the potash industry.
More about Sage Potash Corp.
Sage Potash Corp. is focused on developing its flagship Sage Plain Potash Project 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: 381,033
Technical Sentiment Signal: Sell
Current Market Cap: C$23.91M
Find detailed analytics on SAGE stock on TipRanks’ Stock Analysis page.