Sage Potash Corp. (TSE:SAGE) has released an update.
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Sage Potash Corp. has acquired processing equipment worth $12.6 million to enhance its potash production capabilities and save on project costs. The deal includes a mix of cash, shared issuance, and a secured convertible debenture with financing partly covered by a private placement. This strategic move promises to expedite the project timeline, mitigate risks, and potentially save the company up to $100 million in costs.
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