Sage Gold Inc.
TSX VENTURE : SGX

Sage Gold Inc.

December 24, 2010 13:00 ET

Sage Announces Grant of Options

TORONTO, ONTARIO--(Marketwire - Dec. 24, 2010) - Sage Gold Inc. (TSX VENTURE:SGX) announces that the Board of Directors has granted $1.9 million options to directors, consultants and employees to purchase common shares exercisable at $0.25 as previously announced in Press Release on October 26, 2010.

SAGE is a mineral exploration and development company which has primary interests in exploration properties in Ontario. Its main properties are the Clavos mine in Timmins and their exploration properties in the Beardmore -Geraldton Gold Camp. Technical reports and information relating to the properties can be obtained from the System for Electronic Document Analysis and Retrieval (SEDAR) website at www.sedar.com and www.sagegoldinc.com.

This release was prepared by management of the Company who takes full responsibility for its contents. 

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact Information

  • Sage Gold Inc.
    Nigel Lees
    President and C.E.O.
    416-204-3170
    416-260-2243 (FAX)
    or
    Sage Gold Inc.
    Mike O'Brien
    Manager/Investor Relations
    416-204-3170
    416-260-2243 (FAX)
    www.sagegoldinc.com