Sage Potash Announces CFO Transition
Sage Potash (OTCQB: SGPTF) announced on November 17, 2025 that Rod Reum has departed as Chief Financial Officer with immediate effect. The company named William Grossholz, who previously served as Sage Potash CFO until October 2024, as interim CFO.
The release ties these executive changes to the company’s next development stage following the filing of a preliminary economic assessment technical report for the Sage Plain Potash Project and emphasizes a continued commitment to strong financial governance while executing strategic objectives.
Sage Potash (OTCQB: SGPTF) ha annunciato il 17 novembre 2025 che Rod Reum si è dimesso dall'incarico di Direttore Finanziario con effetto immediato. L'azienda ha nominato William Grossholz, che in precedenza ha ricoperto il ruolo di CFO di Sage Potash fino al ottobre 2024, come CFO ad interim.
Il comunicato attribuisce questi cambiamenti dirigenziali alla prossima fase di sviluppo dell'azienda, dopo la presentazione di un rapporto tecnico di valutazione economica preliminare per il progetto Sage Plain Potash, e sottolinea un impegno continuo verso una solida governance finanziaria mentre si perseguono gli obiettivi strategici.
Sage Potash (OTCQB: SGPTF) anunció el 17 de noviembre de 2025 que Rod Reum ha dejado su cargo de Director Financiero con efecto inmediato. La empresa nombró a William Grossholz, que previamente se desempeñó como CFO de Sage Potash hasta octubre de 2024, como CFO interino.
El comunicado vincula estos cambios ejecutivos a la próxima etapa de desarrollo de la empresa tras la presentación de un informe técnico de evaluación económica preliminar para el Proyecto Sage Plain Potash y enfatiza un compromiso continuo con una gobernanza financiera sólida mientras se ejecutan los objetivos estratégicos.
Sage Potash (OTCQB: SGPTF)는 2025년 11월 17일 Rod Reum이 즉시 효력을 갖고 최고재무책임자(CFO)직에서 물러났다고 발표했습니다. 회사는 이전에 2024년 10월까지 Sage Potash의 CFO를 역임했던 William Grossholz를 임시 CFO로 지명했습니다.
공보는 이러한 임원 교체를 Sage Plain Potash 프로젝트에 대한 예비 경제성 평가 기술 보고서의 제출 이후 회사의 다음 개발 단계와 연결지으며, 전략적 목표를 실행하는 동안 강력한 재무 거버넌스에 대한 지속적인 약속을 강조합니다.
Sage Potash (OTCQB: SGPTF) a annoncé le 17 novembre 2025 que Rod Reum a quitté ses fonctions de directeur financier avec effet immédiat. L'entreprise a nommé William Grossholz, qui avait auparavant occupé le poste de CFO de Sage Potash jusqu'en octobre 2024, comme CFO par intérim.
Le communiqué relie ces changements exécutifs à la prochaine étape de développement de l'entreprise après la soumission d'un rapport technique d'évaluation économique préliminaire pour le projet Sage Plain Potash et souligne un engagement continu envers une bonne gouvernance financière tout en poursuivant les objectifs stratégiques.
Sage Potash (OTCQB: SGPTF) gab am 17. November 2025 bekannt, dass Rod Reum als Chief Financial Officer mit sofortiger Wirkung ausgeschieden ist. Das Unternehmen benannte William Grossholz, der zuvor bis Oktober 2024 als CFO von Sage Potash tätig war, zum interim CFO.
Die Mitteilung verbindet diese Führungswechsel mit der nächsten Entwicklungsstufe des Unternehmens nach der Einreichung eines technischen Berichts zur vorläufigen wirtschaftlichen Bewertung für das Sage Plain Potash-Projekt und betont eine fortgesetzte Verpflichtung zu einer starken finanziellen Governance, während die strategischen Ziele verfolgt werden.
Sage Potash (OTCQB: SGPTF) أعلن في 17 نوفمبر 2025 أن رود روم ترك منصبه كمدير مالي مع سريان منذ ذلك الحين. سمت الشركة وليام جروزهوِلْز، الذي خدم سابقاً كـCFO لـ Sage Potash حتى أكتوبر 2024، كـCFO مؤقت.
يربط البيان هذه التغييرات التنفيذية بمرحلة التطوير التالية للشركة عقب تقديم تقرير تقني تقريبي عن التقييم الاقتصادي لمشروع Sage Plain Potash ويؤكد الالتزام المستمر بـ حوكمة مالية قوية مع تنفيذ الأهداف الاستراتيجية.
- Interim CFO William Grossholz returning (previously served until Oct 2024)
- Company states continued focus on strong financial governance during transition
- CFO Rod Reum departed with immediate effect (announced Nov 17, 2025)
- Current CFO role is interim, indicating a temporary leadership arrangement
Vancouver, British Columbia--(Newsfile Corp. - November 17, 2025) - Sage Potash Corp. (TSXV: SAGE) (OTCQB: SGPTF) ("Sage Potash" or the "Company") announces the departure of Rod Reum as Chief Financial Officer ("CFO") from the Company with immediate effect.
The Company is also pleased to announce that William Grossholz, who previously served as the Company's CFO until October 2024, is returning as Interim CFO of Sage Potash.
These executive changes reflect Sage Potash's focus on the Company's next stage of development following the filing of its preliminary economic assessment technical report for its Sage Plain Potash Project, and its ongoing commitment to strong financial governance as it continues to execute on its strategic objectives.
About Sage Potash
Sage Potash Corp. (TSXV: SAGE) (OTCQB: SGPTF) is dedicated to the development of its flagship Sage Plain Potash Project, located in the Paradox Basin, 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.
On Behalf of the Board of Directors,
J. Patricio Varas
Interim CEO
+1 (236) 521-1521
Website: www.sagepotash.com
For media inquiries, please contact: Marcus van der Made, Investor Relations - IR@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 Potash. Forward-looking statements and information are subject to various known and unknown risks and uncertainties, many of which are beyond the ability of the Company to control or predict, that may cause the Company'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 and Uncertainties" in the Company's Management's Discussion & Analysis available for review under the Company's profile at www.sedarplus.ca. Such forward-looking information represents management's best judgement 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.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/274937
FAQ
Who is the interim CFO of Sage Potash (SGPTF) after the November 17, 2025 announcement?
When did Sage Potash (SGPTF) announce the CFO transition?
Which Sage Potash (SGPTF) executive departed as CFO on November 17, 2025?
Does the Sage Potash (SGPTF) announcement link the CFO change to any project filing?
Will Sage Potash (SGPTF) maintain financial governance during the CFO transition?
