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TORONTO, ONTARIO--(Marketwired - Dec. 1, 2014) - Sage Gold Inc. (TSX VENTURE:SGX) (the "Company") is pleased to announce that it intends to complete a non-brokered private placement of up to 3,000,000 common shares ("Shares") at a price of $0.15 per Share for gross proceeds of up to $450,000 (the "Offering"). The Shares will be designated as flow through shares under the Income Tax Act (Canada). Completion of the Offering is subject to the receipt of all necessary approvals, including the approval of the TSX Venture Exchange ("TSXV"), and the Shares issued will be subject to a statutory four (4) month hold period from the closing date of the Offering. |
