NEW SAGE ENERGY CORP. ("NSG")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: September 1, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement (2nd tranche) announced May 31, 2010:
Number of Shares: 400,000 shares
Purchase Price: $0.05 per share
Warrants: 200,000 share purchase warrants to purchase 200,000 shares
Warrant Exercise Price: $0.10 for an eighteen (18) month period
Number of Placees: 2 placees
Finder's Fee: An aggregate of $5,600 in cash and 112,000 finders' warrants payable to TD Waterhouse Canada Investor Company and NBCN Inc. pursuant to the two closings. Each finder's warrant entitles the holder to acquire one unit at $0.05 for an eighteen (18) month period.
Note that in certain circumstances the Exchange may later extend the expiry date of the warrants, if they are less than the maximum permitted term.
For further details, please refer to the Company's news release dated August 27, 2010.
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