Sage Potash Grants Stock Options to the Honourable Stockwell Day

Rhea-AI Summary

Sage Potash Corp. (OTCQB: SGPTF) has granted 600,000 stock options to newly appointed board member, The Honourable Stockwell Day. The options are exercisable at C$0.30 per share for a five-year period, subject to shareholder and TSX Venture Exchange approval.

Mr. Day's appointment brings valuable experience in government, trade, and international relations to the company, which is developing the Sage Plain Potash Project in Utah's Paradox Basin. The stock option package aligns with grants provided to other board members, demonstrating the company's commitment to aligning board incentives with shareholder interests.

Vancouver, British Columbia--(Newsfile Corp. - August 27, 2025) - Sage Potash Corp. (TSXV: SAGE) (OTCQB: SGPTF) ("Sage Potash" or the "Company"), a Canadian company focused on developing its Sage Plain Potash Project located in the Paradox Basin, Utah, is pleased to announce that it has granted stock options to The Honourable Stockwell Day in connection with his recent appointment to the Company's Board of Directors.

Mr. Day has been granted 600,000 stock options at an exercise price of C$0.30 per share, exercisable for a period of five years, subject to shareholder approval.

The Company notes that Mr. Day's appointment to the Board of Directors signifies a strong alignment of interests, as his stock option package is consistent with those granted to other members of the Board.

"We are very pleased to welcome The Honourable Stockwell Day to the Board of Directors," stated Peter Hogendoorn, CEO of Sage Potash. "His experience in government, trade, and international relations provides tremendous value to Sage, and his option grant underscores our commitment to aligning the Board's incentives with shareholder value creation."

The options are subject to the approval of the TSX Venture Exchange and applicable securities laws.

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.sedarplus.ca) or contact the Company by email at info@sagepotash.com.

On Behalf of the Board of Directors

Peter Hogendoorn
President and Chief Executive Officer
(604) 764-2158

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 and with respect to the Offering, including the use of proceeds thereof. 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.

For media inquiries, please contact:
Marcus van der Made, Investor Relations
IR@sagepotash.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/264191

FAQ

What stock options did Sage Potash (SGPTF) grant to Stockwell Day?

Sage Potash granted Stockwell Day 600,000 stock options at an exercise price of C$0.30 per share, exercisable for a five-year period, subject to approvals.

Who is the new board member at Sage Potash (SGPTF)?

The Honourable Stockwell Day has been appointed to Sage Potash's Board of Directors, bringing experience in government, trade, and international relations.

What is Sage Potash's (SGPTF) main project?

Sage Potash is developing the Sage Plain Potash Project located in the Paradox Basin, Utah.

What approvals are needed for Stockwell Day's stock options at Sage Potash?

The stock options are subject to shareholder approval and TSX Venture Exchange approval, as well as applicable securities laws.