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TORONTO, ONTARIO--(Marketwire - March 14, 2013) - Sage Gold (TSX VENTURE:SGX) ("the Company") has extended the maturity date, from August 13, 2013 to February 10, 2014, of that certain $1.5 million pre-production debt financing with Waterton Global Value L.P. press released on May 16, 2012 (the "Facility"). Fees related to the aforementioned extension, equal 8% of the principal amount advanced under the Facility. All other terms of the Facility remain unchanged. Additionally, the Company has drawn down the second and final tranche of the Financing, in the amount of $500,000. |
