SGX Sage Gold Inc.

Sage Gold Inc. ("Sage" or the "Company") (TSX VENTURE:SGX) is pleased to
announce that it intends to complete an additional tranche of the non-brokered
private placement previously announced on April 30, 2013, May 23, 2013 and July
18, 2013 for additional gross proceeds of up to $30,000 (the "Offering"). The
Offering will consist of the sale of up to 1,000,000 common shares (each, a
"Common Share") at $0.03 per Common Share.


The Company intends to use the net proceeds of the Offering to maintain the
Company's assets, for debt repayment and working capital purposes. Completion of
the Offering is subject to the receipt of all necessary approvals including the
approval TSX Venture Exchange ("TSXV").


All securities issued pursuant to the Offering will be subject to a statutory
four-month and one day hold period.


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", which often, but not always, can be identified by the use of words
such as "believes", "anticipates", "expects", "estimates", "may", "could",
"would", "will", or "plan". These statements are based on information currently
available to Sage and Sage provides no assurance that actual results will meet
management's expectations. Forward-looking statements include estimates and
statements with respect to Sage's future plans, objectives or goals, to the
effect that Sage or management expects a stated condition or result to occur,
including Sage's business, and financing plans. Since forward-looking statements
are based on assumptions and address future events and conditions, by their very
nature they involve inherent risks and uncertainties. Actual results relating
to, among other things, results of exploration, project development, reclamation
and capital costs of Sage's mineral properties, and Sage's financial condition
and prospects, could differ materially from those currently anticipated in such
statements for many reasons such as: changes in general economic conditions and
conditions in the financial markets; changes in demand and prices for minerals;
litigation, legislative, environmental and other judicial, regulatory, political
and competitive developments; technological and operational difficulties
encountered in connection with Sage's activities; and other matters discussed in
this News Release and in filings made with securities regulators. This list is
not exhaustive of the factors that may affect any of Sage's forward-looking
statements. These and other factors should be considered carefully and readers
should not place undue reliance on Sage's forward-looking statements. Sage does
not undertake to update any forward-looking statement that may be made from time
to time by Sage or on its behalf, except in accordance with applicable
securities laws. 


FOR FURTHER INFORMATION PLEASE CONTACT: 
Sage Gold Inc.
Nigel Lees
President and C.E.O.
416-204-3170
416-260-2243 (FAX)


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

Sage Gold Inc. (TSXV:SGX)
Gráfica de Acción Histórica
De May 2024 a Jun 2024

Sage Gold Inc. (TSXV:SGX)
Gráfica de Acción Histórica
De Jun 2023 a Jun 2024