Sage Gold Closes Oversold Non-Brokered Flow-Through Private Placement

Sage Gold Inc.

TORONTO, ONTARIO--(Marketwired - June 23, 2017) - Sage Gold Inc. ("Sage Gold" or the "Corporation") (TSX VENTURE:SGX) is pleased to announce that further to its press release dated June 13, 2017, it has completed the closing of its non-brokered flow-through private placement (the "Offering"). The Offering consisted of the sale of 8,075,897 flow-through common shares of the Corporation, at $0.24 for gross proceeds of $1,938,216 million.