SAGE GOLD INC. ("SGX")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 12, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced April 26, 2016:
Number of Shares: 5,085,000 shares
Purchase Price: $0.05 per share
Warrants: 2,542,500 share purchase warrants to purchase 2,542,500 shares
Warrant Exercise Price: $0.10 for a two year period
Number of Placees: 12 Placees
Insider / Pro Group Participation:
Insider=Y /
Name ProGroup=P / # of Shares
David McDonald Y 125,000
C. Nigel Lees Y 2,000,000
P.J. Mars Investments Ltd. Y 200,000
(Patrick Mars)
Finder's Fee: An aggregate of $6,800 in cash payable to Foster & Associates, RBC Dominion Securities Inc. and Leede Jones Gable Limited.
For further details, please refer to the Company's news release dated May 11, 2016.
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