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TORONTO, ONTARIO--(Marketwire - May 16, 2012) - Sage Gold Inc. (TSX VENTURE:SGX) has executed a non-binding Term Sheet with Waterton Global Value, L.P. ("Waterton") for a $1.0 million principal amount convertible debt financing and has also completed the first tranche of a private placement for gross proceeds of $403,500 through the sale of flow-through share units (the "FT Units") and common share units ( "Units"). |
