Sage Gold Inc.

60% Clavos gold mine (produced in 2007), Timmins (SAS-t); +150,000 acres in Beardmore-Geraldton. Further exploration on Pillars, Paint Lake, and Golden Extension. Identify and acquire new property with near-term production potential.

Just 4 hidden placees...

red911

Sage Gold 13.4-million-FT-share financing

2010-02-08 17:51 NT - Private Placement

The TSX Venture Exchange has accepted for filing documentation with respect to a brokered private placement announced Dec. 18, 2009.

Shares: 13.4 million flow-through shares

Purchase price: six cents per flow-through share

Warrants: 13.4 million share purchase warrants to purchase 13.4 million shares

Warrant exercise price: 10 cents in the first year and 12 cents in the second year

Hidden placees: four

Agents' fees: An aggregate of $52,320 and 1,072,000 broker options payable to Limited Market Dealer Inc. and Trinity Wood Capital Corp. Each broker option is exercisable into one unit at a price of six cents per unit for a period of two years. Each unit consists of one common share and one common share purchase warrant. Each warrant is exercisable into one common share at a price of 10 cents per share in the first year and at a price of 12 cents per share in the second year.

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red911
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President
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07/27/2007
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Sage Gold Inc.
Symbol
SGX
Exchange
TSX-V
Shares
121,881,239
Industry
Metals & Minerals
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