SGX Sage Gold Inc.

Sage Gold Inc. ("Sage" or the "Company") (TSX VENTURE:SGX) Further to its press
releases dated April 30, 2013 and May 23, 2013, Sage announced today that it has
agreed to extend the closing date of the second tranche of a previously
announced private placement, initially set to close on July 10, 2013, to Friday
July 19, 2013 or earlier. "The financing is progressing well and the Company
requires additional time to finalize the deal given the nature of the type of
transaction and the period of the year" said Nigel Lees, President & CEO of
Sage. 


About Sage 

Sage is a mineral exploration and development company which has primary
interests in near-term production and exploration properties in Ontario. Its
main properties are the Clavos Gold deposit in Timmins and the Lynx deposit and
other exploration properties in the Beardmore-Geraldton Gold Camp. Technical
reports and information relating to the properties can be obtained from the
System for Electronic Document Analysis and Retrieval (SEDAR) website at
www.sedar.com and www.sagegoldinc.com. 


CAUTIONARY STATEMENT: Neither the TSXV nor its Regulation Services Provider (as
that term is defined in the policies of the TSXV) accepts responsibility for the
adequacy or accuracy of this release. No stock exchange, securities commission
or other regulatory authority has approved or disapproved the information
contained herein. This News Release includes certain "forward-looking
statements". All statements other than statements of historical fact, included
in this release, including, without limitation, statements regarding potential
mineralization and reserves, exploration results, future plans and objectives of
Sage, are forward-looking statements that involve various risks and
uncertainties. There can be no assurance that such statements will prove to be
accurate and actual results and future events could differ materially from those
anticipated in such statements. Important factors that could cause actual
results to differ materially from Sage's expectations are the risks detailed
herein and from time to time in the filings made by Sage with applicable
securities regulators. 


FOR FURTHER INFORMATION PLEASE CONTACT: 
Sage Gold Inc.
Nigel Lees
President and C.E.O.
416-204-3170


Sage Gold Inc.
Mike O'Brien
Communications Manager/Investor Relations
416-204-3170
416-260-2243 (FAX)
www.sagegoldinc.com

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