SAGE GOLD INC. ("SGX")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: August 26, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced June 11, 2014 and August 21, 2014:
Number of Shares: 249,995 shares
Purchase Price: $0.30 per share
Warrants: 249,995 share purchase warrants to purchase 249,995 shares
Warrant Exercise Price: $0.45 for a two year period
Number of Placees: 11 placees
Insider / Pro Group Participation:
Insider=Y /
Name ProGroup=P # of Shares
PJ Mars Investments Ltd. (Peter Mars) Y 33,333
Nigel Lees Y 40,000
Sandy Chim Y 33,333
058907 NB Ltd. (Gary Robertson) Y 25,000
Peter Freeman Y 16,667
William Love Y 16,667
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company has issued a news release announcing the closing of the private placement and setting out the expiry dates of the hold period(s). 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.
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