Last $0.13 USD
Change Today +0.0146 / 12.52%
Volume 5.3K
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As of 8:10 PM 09/19/14 All times are local (Market data is delayed by at least 15 minutes).

sage gold inc (SGGDF) Snapshot

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52 Week High
09/23/13 - $0.45
52 Week Low
12/31/13 - $0.10
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sage gold inc (SGGDF) Details

Sage Gold Inc. is engaged in the acquisition, exploration, and development of mineral properties in Canada. The company primarily explores for gold, copper, and silver deposits. It primarily holds 60% interests in the Clavos gold project that comprises 69 patented and leased claims, and 14 unpatented claims covering an area of 2,540 hectares, as well as the Lynx polymetallic project located in Ontario. The company was founded in 1997 and is based in Toronto, Canada.

sage gold inc (SGGDF) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: --
Compensation as of Fiscal Year 2013.

sage gold inc (SGGDF) Key Developments

Sage Gold Inc. Extends Senior Secured Term Debt Facility Maturity Date

Sage Gold Inc. has entered into an amendment agreement relating to its senior secured term debt facility with Waterton Global Value, L.P. (Waterton). In the amendment agreement, Waterton agrees to extend the facility's maturity date from August 8, 2014 to October 3, 2014 and, at the company's option, to November 7, 2014. The total amount outstanding under the facility is approximately CAD 1.71 million inclusive of principal, accrued interest and fees payable to date, but excluding the amendment agreement fees. As consideration for the modifications in the amendment agreement, Sage has agreed to pay Waterton CAD 75,000 for the extension of the facility to the maturity date, and a further CAD 50,000 if the company exercises its option to extend the facility to the extended maturity date. The annual interest rate of the facility is 12%.

Sage Gold, Inc. Announces Executive Changes

Sage Gold, Inc. announced the appointment of Mr. Robert Ryan, CPA CA MBA, as Chief Financial Officer (CFO) of the Company. Mr. Ryan replaces Mr. Ron Reed, who will be moving on to other opportunities.

Joe Baylis Not to Stand for Re-Election as Director

Mr. Joe Baylis advised the Sage Board of Directors that he would not stand for re-election as a Director as he has accepted a position in Houston, Texas.


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