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TORONTO, ONTARIO--(Marketwired - Sept. 30, 2016) - Sage Gold Inc. (the "Corporation") (TSX VENTURE:SGX) is pleased to announce that it has executed a binding Term Sheet with Cartesian Royalty Holdings Pte Ltd. ("CRH") to provide the Corporation with a financing package of C$11.5 million (the "Financing") to fund the development and restart of the Corporation's Clavos project ("Clavos") situated in the Timmins mining camp in Ontario, Canada. |