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TORONTO, ONTARIO--(Marketwire - Nov. 29, 2011) - New Sage Energy Corp. (TSX VENTURE:NSG) ("New Sage" or the "Corporation") announces that, further to its previously issued press release on October 25, 2011, New Sage intends to complete a private placement offering (the "Offering") of up to 12,000,000 units of the Corporation ("Unit") at a price of $0.05 per Unit for gross proceeds of up to $600,000. Each Unit will consist of one common share in the capital of the Corporation ("Common Share") and one share purchase warrant ("Warrant"), with each whole Warrant entitling the holder thereof to purchase one Common Share at a price of $0.10 per share for a period of two (2) years from the date of closing. |
