Sage Gold Inc. (TSXV:SGX) announced a treasury transaction of units on best efforts basis at a price of CAD 0.11 per unit for the gross proceeds of up to CAD 1,000,000 on January 9, 2018. Each unit will consist of one common share and one share purchase warrant. Each warrant authorizes the investor to purchase one share at an exercise price of CAD 0.16 per share for a period of 24 months following the date of closing of the transaction. The transaction is subject to regulatory approval. The company has the option to increase the size of the offering by up to 30%. The securities issued are subject to a four month plus one day hold period starting on the day of closing of the transaction. The company may pay finders 8% of the amount raised in the transaction along with compensation share purchase warrants of up to 5% of the transaction.