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| Home : Sage Gold Inc. Announces Private Placement |
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Apr 30
2013 |
Sage Gold Inc. Announces Private Placement |
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TORONTO, ONTARIO--(Marketwired - April 30, 2013) - Sage Gold Inc. ("Sage" or the "Company") (TSX VENTURE:SGX) is pleased to announce that it intends to complete a non-brokered private placement for gross proceeds of $700,000 (the "Offering"). The Offering will consist of the sale of 16,666,666 common shares (each, a "Common Share") at $0.03 per Common Share and the sale of 4,000,000 flow-through units ("FT Units") at $0.05 per FT Unit. Each FT Unit will consist of one Common Share issued on a flow-through basis and one-half (1/2) of one Common Share purchase warrant of the Company (a "Warrant"). Each whole Warrant shall entitle the holder to purchase one Common Share at a price of $0.05 for a period of 12 months following the closing date of the Offering. |
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| Source:http://www.marketwire.com/mw/release.do?id=1784641&sourceType=3 |
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