Mr. Peter Hogendoorn reports
SAGE POTASH ANNOUNCES ANNUAL GENERAL AND SPECIAL MEETING RESULTS AND CONFIRMS SHARES FOR DEBT TRANSACTION
Sage Potash Corp. has released the results of the annual general and special meeting of the shareholders of the company held on Oct. 16, 2025.
A total of 12,559,870 common shares of the company were represented at the meeting in person or by proxy, representing approximately 11.89 per cent of the total votes attached to all issued and outstanding common shares of the company as of the record date on Sept. 11, 2025.
All matters put forth at the meeting were approved as follows.
Sage Potash further confirms that, following its May 16, 2025, news release announcing certain shares-for-debt transactions and subject to final acceptance of the TSX Venture Exchange, the company is only proceeding at this time with issuing 500,000 common shares at the deemed price of 27 cents per share as disclosed in the shares-for-debt news release following a shares-for-debt agreement date of May 16, 2025, resulting in the settlement of a total of $135,000. This shares-for-debt transaction is with one creditor that is not a non-arm's-length party to the company within the meaning of TSX-V policies. The 500,000 common shares being issued under this shares-for-debt transaction will be subject to a four-month hold period from the date of issuance.
About Sage Potash Corp.
Sage Potash is dedicated to the development of its flagship Sage Plain potash project, located in the Paradox basin in Utah. With a large and high-grade resource base, the company is advancing toward its goal of establishing a secure and sustainable domestic potash production platform in the United States. Sage Potash is committed to food security, environmental stewardship, and creating value for shareholders and stakeholders alike.
We seek Safe Harbor.
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