SAGE GOLD INC. ("SGX") BULLETIN TYPE: Shares for Debt BULLETIN DATE: March 22, 2016 TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 5,019,072 shares to settle outstanding debt for $250,953.60.
Number of Creditors: 19 Creditors
Insider / Pro Group Participation:
Insider=Y / Amount Deemed Price Creditor Progroup=P Owing per Share # of Shares Balanced Business Solutions Inc. Y $7,500 $0.05 150,000 (David McDonald) Bill Love Y $13,839 $0.05 276,772 C.N. Lees Investment Limited Y $15,000 $0.05 300,000 (Nigel Lees) P.J. Mars Investments Ltd. Y $10,500 $0.05 210,000 (Patrick Mars) Peter Bojtos Y $10,000 $0.05 200,000 Peter Freeman Y $10,000 $0.05 200,000 Gary Robertson Y $10,000 $0.05 200,000
The Company shall issue a news release when the shares are issued and the debt extinguished. ________________________________________
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