Industry Experts Clark 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 info@sagepotash.com.
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.