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Sage Potash Corp. ( (TSE:SAGE) ) just unveiled an announcement.
Sage Potash Corp. has announced an increase in its non-brokered private placement offering from $12 million to $14 million due to significant investor interest. The funds raised will be primarily used to implement key recommendations from a Preliminary Economic Assessment by RESPEC LLC, including drilling and engineering reviews, 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: 465,648
Technical Sentiment Signal: Sell
Current Market Cap: C$24.42M
See more data about SAGE stock on TipRanks’ Stock Analysis page.