Business
SAGE announces closing of $1,000,000 flow-through common share private placement for gross proceeds of $140,000
SAGE announces closing of $1,000,000 flow-through common share private placement for gross proceeds of $140,000.
About this update from Sage Potash Corp.
[{"type":"text","content":"\n\n\n\n\nTrading Symbol - TSXV: SGX/CNQ: SAGE\n\nTORONTO, Jan. 4 /CNW/ - Sage Gold Inc. (\"SAGE\") is pleased to announce\nthat on December 30, 2005, it closed a non-brokered private placement of\n1,000,000 flow-through common shares (\"Shares\") at Cdn $0.14 per Share for\ngross proceeds of $140,000 (the \"Offering\"). The proceeds from the Offering\nwill be used by SAGE for exploration on its properties in Quebec. There were\nno finder's fees paid or compensation options granted in relation to the\nOffering.\nThere are currently 47,372,961 common shares of SAGE issued and\noutstanding.\n\nThis release was prepared by management of the Company who takes full\nresponsibility for its contents. The TSX Venture Exchange and Canadian Trading\nand Quotation System Inc. have not reviewed and does not accept responsibility\nfor the adequacy or accuracy of this news release.\nSome statements contained in this release are forward-looking and,\ntherefore, involve uncertainties or risks that could cause actual results to\ndiffer materially. Such forward-looking statements include comments regarding\nmining and milling operations, mineral resource statements and exploration\nprogram performance. Factors that could cause actual results to differ\nmaterially include metal price volatility, economic and political events\naffecting metal supply and demand, fluctuations in mineralization grade,\ngeological, technical, mining or processing problems, exploration programs and\nfuture results of exploration programs, future profitability and production.\nThe Company disclaims any obligation to update forward-looking statements.\n\n\n","length":1678,"tagName":"div"}]