On June 23, 2017 Sage Gold Inc. (“Sage Gold” or the “Company”) announced it had completed the closing of its non-brokered flow-through private placement (the “Offering”).  The Offering consisted of the sale of 8,075,897 flow-through common shares of the Company, at $0.24 for gross proceeds of $1,938,216 million.

The Company is a mineral exploration and development company which has primary interests in near-term production and exploration properties in Ontario. Its main properties are the 100% Clavos Gold property in Timmins and the 100% owned Onaman property including the Lynx copper, gold, silver property and other exploration properties in the Beardmore-Geraldton Gold Camp.

Peterson McVicar acted for Sage Gold Inc. with a team that included Dennis Peterson and Andrey Shamis.