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Sage Gold Inc SGGDF

Sage Gold Inc engages in the exploration and development of mineral resource properties. It explores for gold, poly-metallic, nickel, and copper. Its primary properties include the Onaman property comprising the Lynx project and the Headway project in the Beardmore/Geraldton Gold Camp; and the Clavos gold project in Timmins.


GREY:SGGDF - Post by User

Post by joeyxxon Mar 14, 2018 5:00pm
113 Views
Post# 27716212

PP...

PP...

 

Sage Gold 21,451,769-share private placement

 

2018-03-14 16:52 ET - Private Placement

 

The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced Jan. 9, 2018.

 

Number of shares:  21,451,769 shares

Purchase price:  11 cents per share

Warrants:  21,451,769 share purchase warrants to purchase 21,451,769 shares

Warrant exercise price:  16 cents for a two-year period

Number of placees:  66 placees

Insider:  Chancery Asset Mgmt. Pte. Ltd. (Thomas Puppendahl), 325,454

Total pro group involvement:  200,000 (two placees)

Finders' fees:  an aggregate of $56,438 in cash and 320,671 finders' warrants payable to Haywood Securities Inc., Foster & Associates Financial Services Inc., Wellington-Altus Private Wealth Inc., Leede Jones Gable Inc. and Echelon Wealth Partners Inc. (Each finder's warrant entitles the holder to acquire one common share at 16 cents for a two-year period.)

 

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