Sage Potash Announces Grant of Stock Options

Executive Summary

• Sage Potash Corp. granted 12,050,000 stock options to directors, officers, and consultants at an exercise price of $0.20 per share.
• The company confirmed the final aggregate finders' fees for its January 2026 private placement, specifying cash, warrant, and share components.
• All options expire on June 9, 2031, with distinct vesting schedules tied to recipient roles.

Key Details

• Option Grant: 12,050,000 stock options granted to directors, officers, and consultants (including an investor relations service provider).
• Exercise Price: $0.20 per common share.
• Vesting (Directors): 100% vested on the date of grant.
• Vesting (Officers & Consultants): 20% vested on grant date, followed by 20% every six months until fully vested.
• Vesting (IR Service Provider): 20% vested three months after grant date, followed by 20% every six months thereafter.
• Expiration: June 9, 2031.
• Finders' Fees Confirmation: Final amounts confirmed for the first and second tranches of the January 28, 2026 private placement.
• Fee Breakdown: $752,604 in cash fees (including applicable tax), 3,839,520 finder's warrants, and 90,000 finder's shares.
• Reference: Terms of finder's warrants and all other financing details remain unchanged from the January 2026 announcement.