SAGE POTASH ANNOUNCES APPOINTMENTS OF A NEW BOARD OF DIRECTORS MEMBER, STRATEGIC OPERATIONS PARTNER AND GLOBAL FINANCE & TRADE PARTNER Industry Experts Cl ark Sazwan to Join Board of Directors, Amir Rahimtula as Global Finance & Trade Partner and
SAGE POTASH ANNOUNCES APPOINTMENTS OF A NEW BOARD OF
DIRECTORS MEMBER, STRATEGIC OPERATIONS PARTNER AND
GLOBAL FINANCE & TRADE PARTNER
Industry Experts Cl
ark
Sazwan to Join Board of Directors,
Amir Rahimtula
as Global Finance & Trade Partner and
Shilo Sazwan
as Strategic
Operations Partner
VANCOUVER, BC
,
June 26, 2024
/CNW/ -
Sage Potash Corp.
("Sage" or the "Company")
(TSXV: SAGE) (OTC: SGPTF), an exploration and development
company focused on developing US domestic potash supply, is pleased to announce the appointments of
Clark Sazwan
on the Board of Directors,
Amir Rahimtula
as Global Markets and Finance Partner and
Shilo Sazwan
as a new Strategic Operations Partner. These significant company appointments will accelerate the
Company's efforts in domestic potash production at the Sage Plain Property in
Utah
.
The Sazwan family pioneered the sulphur fertilizer and calcium production in
North America
and have been collaborating with the Rahimtula family on successful
international fertilizer trade deals for over seven decades. Collectively, they bring their combined expertise and business relationships to advance Sage's potash
project through pilot production and beyond.
"We are extremely pleased to add Clark to our board together with his multi-generational legacy experience. This collaboration represents a seminal opportunity
for the Sazwan and Rahimtula families to participate in upstream potash production, to the benefit of our shareholders," said
Peter Hogendoorn
, CEO of Sage
Potash Corp.
Clark Sazwan
, Owner and Director of Tiger Tank Lines, former Owner and current Director of Tiger Calcium and the Director/Owner of Keg River Chemicals, will
be joining the Board of Directors immediately. Clark brings decades of mining, agricultural and fertilizer industry expertise to
Sage Potash
, further strengthening
the leadership team. Widely known for developing the sulphur fertilizer industry in
North America
, Sazwan's family ran Tiger Industries and spent decades as
industry leaders while maintaining the lowest production costs.
"
Sage Potash
is poised for growth and innovation in the American potash market. I am thrilled to be a part of this project and help guide the company to become a
leading supplier of potash to the American and eventually global markets," said
Clark Sazwan
, Member of Board of Directors, Sage Potash Corp.
Amir Rahimtula
, is President of Transnational Enterprises, a Canadian trading company founded by his father in 1979,
Ali Rahimtula
, intended to extend a North
American presence of the Rahimtula Group, founded by Amir's grandfather,
Amir Ali Rahimtula Sr.
, the first Chairman of the Fertilizer Association of
India
. The
Rahimtula Group was established in 1956 and has been a significant player in
India's
fertilizer sector for over six decades.
Amir brings a wealth of global financial and trading expertise, with his extensive experience suppling international fertilizer manufacturers with critical raw materials
and finished fertilizers, developing global logistics infrastructure, structuring high value financial deals, and fostering notable business relationships with global
financial trade industry leaders.
The Company is also pleased to announce
Shilo Sazwan
as our Strategic Operations Partner. Mr Sazwan brings over three decades of strategic operations
experience and business relationships in the fertilizer industry. Mr Sazwan served as the Chief Operating Officer at Tiger Calcium, a leading producer and supplier
of calcium chloride and sulphur fertilizer in
North America
. He has a proven track record for developing cost-effective and cutting-edge plant infrastructure, leading
industry products and exceptional customer service.
"Shilo's strategic, operational expertise is crucial in guiding the building of cost-effective infrastructure required for rapid production and will position
Sage Potash
as a premier supplier in the American market and beyond," said
Peter Hogendoorn
, CEO of Sage Potash Corp.
As COO at Tiger Calcium, Sazwan oversaw 500 employees and championed the development of multiple industry-leading calcium and fertilizer plants, all with
custom in-house technologies and a logistics division with direct shipping, including railcars and trucking fleets. Sazwan brings essential experience in developing
and operating mechanical evaporation techniques to Sage - a process critical to
Sage Potash's
vision of implementing an environmentally friendly process versus
the more commonly used solar evaporation technique. Under his leadership, strong community relations were pivotal; Tiger Calcium was the most significant
contributor to the food bank in the region, and Shilo received a medal of honour for his instrumental leadership in helping the community of
Slave Lake Alberta
manage devastating wildfires.
"
Sage Potash
is at an exciting juncture, and I am honoured to partner with the company into its next chapter. I am looking forward to building a world-class team
and working to bring Sage's vision of sustainable solution mining to life at the Sage Plain property in
Utah
," said
Shilo Sazwan
.
This announcement follows the previous release on
May 27, 2024
, which details the closing of non-brokered private placements grossing
$1,822.600 million
.
About
Sage Potash
Sage Potash
is a Canadian company vested solely in the Sage Plain Property. Through sustainable solution mining techniques, it intends to become a prominent
domestic potash producer within the Paradox Basin in
Utah
.
Sage Potash
is listed on the Toronto Stock Exchange (TSX: Sage). For further information, please
refer to the Company's disclosure record on SEDAR (
www.sedar.com
) or contact the Company by email at
.
On Behalf of the Board of Directors,
Peter Hogendoorn
CEO & Executive Chairman
Website:
www.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. This news release may contain "forward-looking statements", which are statements about the future
based on current expectations or beliefs. For this purpose, statements of historical fact may be deemed to be forward-looking statements. Forward–looking
statements by their nature involve risks and uncertainties, and there can be no assurance that such statements will prove to be accurate or true. Investors should
not place undue reliance on forward-looking statements. The Company does not undertake any obligation to update forward-looking statements except as
required by law.
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SOURCE
Sage Potash Corp.
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%SEDAR: 00054782E
For further information:
Peter Hogendoorn, CEO & Executive Chairman, +1(604)-764-2158, [email protected]
CO: Sage Potash Corp.
CNW 09:15e 26-JUN-24