SAGE POTASH BEGINS TRADING ON OTCQB UNDER SYMBOL "SGPTF" & RECEIVES DTC ELIGIBILITY

SAGE POTASH BEGINS TRADING ON OTCQB UNDER SYMBOL "SGPTF" & RECEIVES DTC ELIGIBILITY

 Sage Potash CORP. (TSXV: SAGE) (OTCQB: SGPTF) ("Sage Potash" or the "Company") is pleased to announce that it has been approved and commenced trading of its common shares on the OTCQB® Venture Market ("OTCQB"), beginning today under the ticker symbol " SGPTF ".

Sage Potash Corp. logo (CNW Group/Sage Potash Corp.)

Additionally, the Company is pleased to announce that its common shares (the "Shares") are now eligible to be electronically cleared and settled in the United States through the Depository Trust Company ("DTC"). DTC Eligibility makes the Shares more accessible to investors in the United States.

The OTCQB® is a leading market for early-stage and developing U.S. and international companies. Recognized as an established public market by the U.S. Securities and Exchange Commission, the OTCQB® has helped companies build considerable shareholder value including enhanced liquidity and valuation. Investors may benefit from efficient trading through their preferred broker or financial advisor, transparent pricing with real-time quotes, and trusted disclosure that is made broadly available to broker-dealers and market data providers.

The DTC is a subsidiary of the Depository Trust and Clearing Corporation, a U.S. company that manages the electronic clearing and settlement of publicly traded companies. DTC Eligibility incorporates an electronic method of clearing securities, speeding up the receipt of stock and cash, and thus accelerates the settlement process for certain investors. DTC is a member of the U.S. Federal Reserve System, a limited-purpose trust company under New York State banking law and a registered clearing agency with the U.S. Securities and Exchange Commission.

The Company's common shares will continue to trade on the  TSX Venture Exchange under the symbol "SAGE.V".

Sage Potash CEO, Peter Hogendoorn , commented, "I am pleased to announce that Sage Potash common shares are now eligible for DTC, following the initiation of trading on the OTCQB Market. This significant development aligns with our capital markets strategy and is expected to enhance the efficiency, ease, and affordability of trading our stock for a broad range of investors across North America . It is a crucial milestone for our company, considering our involvement in the exploration and development of what could be one of the largest potash deposits in the United States ."

About Sage Potash Corp.

Sage Potash is a Canadian company vested solely in the Sage Plain Property and intends through sustainable solution mining techniques to become a prominent domestic potash producer within the Paradox Basin situated in Utah . For further information, please refer to the Company's disclosure record on SEDAR ( www.sedar.com ) or contact the Company by email at info@sagepotash.com .

On Behalf of the Board of Directors,

Peter Hogendoorn
CEO & Executive Chairman

Website:   www.sagepotash.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Note Regarding Forward-Looking Statements

This news release contains certain statements that may be deemed "forward-looking statements" with respect to the Company within the meaning of applicable securities laws. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur.  Forward-looking statements made in this news release include the anticipated effect of the admission for trading on the OTC on the ability of US investors to participate in the market for the Company's securities, the Company's expectations regarding the development of a trading market in the United States for the Company's common shares, and the Company's expectations regarding the potential development of its properties in the Paradox Basin. Although Sage Potash Corp. believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, are subject to risks and uncertainties, and actual results or realities may differ materially from those in the forward-looking statements. Forward-looking statements are based on the reasonable beliefs, estimates and opinions of the Company's management on the date the statements are made. Except as required by law, the Company undertakes no obligation to update these forward looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.

SOURCE Sage Potash Corp.

Cision View original content to download multimedia: https://www.newswire.ca/en/releases/archive/July2023/05/c5217.html

News Provided by Canada Newswire via QuoteMedia

SAGE:CC
The Conversation (0)
SAGE POTASH ANNOUNCES APPOINTMENTS OF A NEW BOARD OF DIRECTORS MEMBER, STRATEGIC OPERATIONS PARTNER AND GLOBAL FINANCE & TRADE PARTNER

SAGE POTASH ANNOUNCES APPOINTMENTS OF A NEW BOARD OF DIRECTORS MEMBER, STRATEGIC OPERATIONS PARTNER AND GLOBAL FINANCE & TRADE PARTNER

Industry Experts Cl   ark   Sazwan to Join Board of Directors, Amir Rahimtula as Global Finance & Trade Partner and Shilo Sazwan as Strategic Operations Partner

Sage Potash Corp. ("Sage" or the "Company") (TSXV: SAGE) (OTC: SGPTF), an exploration and development company focused on developing US domestic potash supply, is pleased to announce the appointments of Clark Sazwan on the Board of Directors, Amir Rahimtula as Global Markets and Finance Partner and Shilo Sazwan as a new Strategic Operations Partner. These significant company appointments will accelerate the Company's efforts in domestic potash production at the Sage Plain Property in Utah .

News Provided by Canada Newswire via QuoteMedia

Keep reading...Show less
Sage Potash Grants Stock Options

Sage Potash Grants Stock Options

Sage Potash Corp. , (TSXV: SAGE) (OTC: SGPTF) ("Sage" or the "Company") has granted an aggregate of 500,000 stock options to certain directors, officers, employees and consultants pursuant to the Company's stock option plan. The stock options have an exercise price of $0.295 per share and an expiry date of June 6, 2027 .

Sage Potash Corp. logo (CNW Group/Sage Potash Corp.)

About Sage Potash Corp.

Sage Potash is a Canadian company vested solely in the Sage Plain Property and intends through sustainable solution mining techniques to become a prominent domestic potash producer within the Paradox Basin situated in Utah . For further information, please refer to the Company's disclosure record on SEDAR ( www.sedar.com ) or contact the Company by email at info@sagepotash.com .

On Behalf of the Board of Directors,

Peter Hogendoorn
CEO & Executive Chairman
(604) 764-2158
Website: www.sagepotash.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release may contain "forward-looking statements", which are statements about the future based on current expectations or beliefs. For this purpose, statements of historical fact may be deemed to be forward-looking statements. Forward–looking statements by their nature involve risks and uncertainties, and there can be no assurance that such statements will prove to be accurate or true. Investors should not place undue reliance on forward-looking statements. The Company does not undertake any obligation to update forward-looking statements except as required by law.

Cision View original content to download multimedia: https://www.prnewswire.com/news-releases/sage-potash-grants-stock-options-302167138.html

SOURCE Sage Potash Corp.

Cision View original content to download multimedia: http://www.newswire.ca/en/releases/archive/June2024/07/c4988.html

News Provided by Canada Newswire via QuoteMedia

Keep reading...Show less
Sage Potash Closes Private Placement of $1,822,500

Sage Potash Closes Private Placement of $1,822,500

Sage Potash Corp. , (TSXV: SAGE) (OTC: SGPTF) ("Sage" or the "Company") has closed its non-brokered private placement of 13,500,000 common shares for total proceeds of $1,822,500 . The proceeds will be used for the advancement of its mineral properties and for general administration expenses. The private placement is subject to final acceptance by the TSX Venture Exchange, and all securities issued under the private placement will be subject to a four-month hold which expires on September 28, 2024 . The Company paid finder's fees of $10,800 and issued 80,000 broker warrants. Each broker warrant entitles the holder to purchase, from today's date up to May 27, 2025 one common share of the Company at a price of $0.25 per share.

News Provided by Canada Newswire via QuoteMedia

Keep reading...Show less
Sage Potash Announces Non-Brokered Private Placement of 13,500,000 shares

Sage Potash Announces Non-Brokered Private Placement of 13,500,000 shares

Sage Potash Corp. , (TSXV: SAGE) (OTC: SGPTF) ("Sage" or the "Company") will be undertaking a non-brokered private placement of 13,500,000 common shares at $0.135 each, for gross proceeds of up to $1,822,500 .

(CNW Group/Sage Potash Corp.)

The gross proceeds will be used for the advancement of its mineral properties and for general administration expenses. All securities issued under the private placement will be subject to a four-month hold.

Peter Hogendoorn , CEO, of Sage commented:   "The Company is pleased to announce this substantial private placement. Upon completion, we will be fully focused on advancing the drilling and pilot production phase throughout the balance of this year. We are grateful for the ongoing support of our shareholders during these challenging markets and look forward to delivering significant value on their investments."

About Sage Potash Corp.

Sage Potash is a Canadian company vested solely in the Sage Plain Property and intends through sustainable solution mining techniques to become a prominent domestic potash producer within the Paradox Basin situated in Utah . For further information, please refer to the Company's disclosure record on SEDAR ( www.sedar.com ) or contact the Company by email at info@sagepotash.com .

Website: www.sagepotash.com

On Behalf of the Board of Directors,

Peter Hogendoorn
CEO & Executive Chairman

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release may contain "forward-looking statements", which are statements about the future based on current expectations or beliefs. For this purpose, statements of historical fact may be deemed to be forward-looking statements. Forward–looking statements by their nature involve risks and uncertainties, and there can be no assurance that such statements will prove to be accurate or true. Investors should not place undue reliance on forward-looking statements. The Company does not undertake any obligation to update forward-looking statements except as required by law.

SOURCE Sage Potash Corp.

Cision View original content to download multimedia: http://www.newswire.ca/en/releases/archive/May2024/02/c5382.html

News Provided by Canada Newswire via QuoteMedia

Keep reading...Show less
Sage Potash Secures Permit Approvals for Exploration Program at Sage Plain Potash Project

Sage Potash Secures Permit Approvals for Exploration Program at Sage Plain Potash Project

Sage Potash Corp. ("Sage Potash", "Sage" or the "Company") (TSXV: SAGE) (OTCQB: SGPTF) is pleased to announce the receipt of all required governmental approvals for two Class V exploration wells at its Sage Plain Potash Project ("Project" or "Property") located in Utah's Paradox Basin.

Sage Potash Logo (CNW Group/Sage Potash Corp.)

Sage Potash CEO & Executive Chairman, Peter Hogendoorn , stated, "Sage's successful drilling permit applications represent a pivotal milestone on the Company's path to achieving pilot-scale potash mining and processing activities. The approved exploration wells will not only allow us to increase our understanding of the Sage Plain mineral resource, comprised in the Upper and Lower Cycle 18 potash beds underlying the Property, but these same wells will, in future, be transitioned to injection production and disposal wells. This is a highly significant de-risking event for the Company, as the most consequential permit approvals for the Project have now been secured, pending bonding."

The State of Utah's Division of Oil, Gas, and Mining ("UDOGM"), and Division of Water Quality ("DWQ") have issued tentative approvals for both surface (drill pads and access roads) and underground (wells) activities. This is part of the Underground Injection Control ("UIC") Class V exploration injection permit application for a production and disposal well submitted by the Company in March 2023 . Formal drill permits will be issued once bonding is received and approved and the Company has received written acceptance from UDOGM, as well as other applicable agencies.

The execution of the now approved exploration program represents Phase 1 of the Sage Plain Project development effort. The two Class V wells will be designed and constructed under the standards and specifications of a UIC Class III "Production well" and UIC Class I "Disposal well". The wells will allow for determination of injection capacity and hydraulic behaviours of the potash and potential disposal formations, as well as providing management with geological data through examination of the drill core, as part of test cavern development for potash recovery from the Cycle 18 potash beds. Once the data from the exploration wells is gathered, the Company will apply to convert these wells into UIC Class I and Class III wells for the purpose of injection, production and disposal, allowing for potash brine fluids recovery.

Concurrently with the Class I and Class III permits conversion, the Company will submit the Large Mine Operation ("LMO") permit for up to 150,000 TPY. In partnership with global engineering firm RESPEC, Sage is advancing engineering and designs for a 50,000 TPY pilot-scale potash solution mining operation, as part of its ongoing engineering studies and production permit application. Data from this program, along with plant design and engineering details, will be included to complete the final LMO application for permit approval.

Following receipt of the news that the Company had secured governmental approval for the Class V wells, Sage Potash CEO & Executive Chairman, Peter Hogendoorn, expressed renewed confidence in the coming year, stating, "We recognize the prevailing capital market conditions for conventional project advancement are extremely difficult. As a result, the Company and, in particular, the team in our US subsidiary, Sage Potash ( USA ) Corp., have focused on permitting and engineering, whereby value can be realized at the 'Project level'. With the developments to date, together with the highly strategic land position of contiguous State and Private mineral leases from which up to 70 mining units, each consisting of 320 acres, can be developed, management believes the Project has now achieved significant milestones and, accordingly, eliminated substantial barriers to entry, which can be value realized in terms of time and capital for strategic interests."

Hogendoorn continued, "As previously announced, the Company recently retained ACP Capital Markets LLC ("ACP"), an internationally recognized Capital Markets Adviser and Investment Banking firm, based in Stamford, Connecticut , with a proven track record in selecting and financing under-valued projects in the AgriBusiness sector, such as the Sage Plain Potash Project. The Company is working diligently with ACP in identifying and engaging with strategic industry partners and institutional investors. We are confident our achievements over the past year, including recently securing the most consequential permit approvals for the Project, will facilitate our ongoing efforts at the Project level and with ACP and, accordingly, optimize our ability to realize and deliver significant value to Sage Potash shareholders."

About Sage Potash Corp.

Sage Potash is a Canadian company vested solely in the Sage Plain Property and intends through sustainable solution mining techniques to become a prominent domestic potash producer within the Paradox Basin situated in Utah . For further information, please refer to the Company's disclosure record on SEDAR ( www.sedar.com ) or contact the Company by email at info@sagepotash.com .

On Behalf of the Board of Directors,

Peter Hogendoorn
CEO & Executive Chairman

Website: www.sagepotash.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Note Regarding Forward-Looking Statements

This news release contains "forward-looking information" and "forward-looking statements" within the meaning of applicable securities legislation. The forward-looking statements herein are made as of the date of this news release only, and the Company does not assume any obligation to update or revise them to reflect new information, estimates or opinions, future events or results or otherwise, except as required by applicable law. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects", "is expected", "budgets", "scheduled", "estimates", "forecasts", "predicts", "projects", "intends", "targets", "aims", "anticipates" or "believes" or variations (including negative variations) of such words and phrases or may be identified by statements to the effect that certain actions "may", "could", "should", "would", "might" or "will" be taken, occur or be achieved. Forward-looking information in this news release includes, but is not limited to, statements with respect to future events or future performance of Sage, including completing a step out pilot production well that will double as a resource definition drill hole, advancing preliminary engineering and feasibility towards a PEA, completing 3D seismic and step-out well and new resource calculations [MA1] , and management's expectations regarding Sage's growth. Forward-looking statements and information are subject to various known and unknown risks and uncertainties, many of which are beyond the ability of Sage to control or predict, that may cause Sage's actual results, performance or achievements to be materially different from those expressed or implied thereby, and are developed based on assumptions about such risks, uncertainties and other factors set out herein, including, but not limited to, the risk factors set out under the heading "Risk Factors" in the Company's final non-offering long form prospectus dated March 2, 2023 available for review on the Company's profile at www.sedar.com. Such forward-looking information represents management's best judgment based on information currently available. No forward-looking statement can be guaranteed and actual future results may vary materially. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information.

SOURCE Sage Potash Corp.

Cision View original content to download multimedia: http://www.newswire.ca/en/releases/archive/January2024/08/c0576.html

News Provided by Canada Newswire via QuoteMedia

Keep reading...Show less
Wide Open Agriculture

Quarterly Report for the Period Ended 30 September 2024

Wide Open Agriculture Limited (ASX: WOA, "Wide Open Agriculture" or the "Company") is pleased to present the Company’s Quarterly Activity Report for the three-month period ending 30 September 2024.

Keep reading...Show less
Wide Open Agriculture

WOA Relocates Headquarters & Enhances German Facility Utilisation

Wide Open Agriculture Limited (ASX: WOA, "Wide Open Agriculture" or the "Company") is pleased to announce a series of initiatives aimed at streamlining operations and reducing costs.

Keep reading...Show less
Wide Open Agriculture

Wide Open Agriculture Ltd (ASX: WOA) – Reinstatement to Quotation

Description

The suspension of trading in the securities of Wide Open Agriculture Ltd (‘WOA’) will be lifted from the commencement of trading tomorrow, 3 September 2024 following lodgement of its 2024 Preliminary Final Report.

Keep reading...Show less
Wide Open Agriculture

Wide Open Agriculture


Keep reading...Show less
Wide Open Agriculture

WOA Announces Board and Management Changes

Wide Open Agriculture Limited (ASX: WOA, "Wide Open Agriculture" or the "Company") advises of various changes to the Company’s Board and Management as set out in this announcement.

Keep reading...Show less

Latest Press Releases

Related News

×