Sage Gold Inc. (TSXV:SGX) announced a non-brokered private placement of 4,200,000 flow through common shares at CAD 0.24 per share for gross proceeds of CAD 1,008,000 on June 13, 2017. The transaction is subject to certain conditions including, but not limited to, the receipt of all necessary approvals including the approval of the TSX Venture Exchange and the securities regulatory authorities. The securities to be issued are subject to a hold period of four-month. Eligible finders may receive in cash of up to 7% and compensation share purchase warrants of up to 7% of the transaction. Each share purchase warrant entitles the holder to purchase its holder to purchase one common share at an exercise price of CAD 0.30 per share for a period of 36 months following the closing date.