On August 3, 2023, Sage Potash Corp. closed the transaction. The company has issued 4,694,505 units at a price of CAD 0.32 per unit for gross proceeds of up to CAD 1,502,241.60. The company has paid finder's fees in aggregate of CAD 94,179.20 in cash and issued 294,310 warrants. Each broker warrant entitles the holder to buy one Share for CAD 0.32 during the two years following the warrant's issuance date. The transaction included participation from an insider of the company for 50,000 units. All securities issued including broker warrants, will have a four-month hold period.

The TSX Venture Exchange has accepted for filing documentation with respect to the transaction. The transaction included participation from 38 placees, 1 existing insider for 50,000 units and 3 pro groups for 522,625 units.