Sage Gold Inc.
TSX VENTURE : SGX

Sage Gold Inc.

June 13, 2012 11:11 ET

Sage Gold CFO Appointment

TORONTO, ONTARIO--(Marketwire - June 13, 2012) - Sage Gold Inc. (TSX VENTURE:SGX) is pleased to announce the appointment of Mr. Ron Reed, MBA CGA, as Chief Financial Officer ("CFO") of the Company.

Mr. Reed replaces Mr. Art Hampson, who retires after six years of service to the Company.

"We are pleased to welcome Mr. Reed to Sage and our management team, commented Nigel Lees, President and CEO of Sage. This most recent appointment continues to represent our ability to attract leading professionals with industry experience highly relevant to the future development of Sage. We would like to thank Art for his dedicated work at Sage over the past several years and wish him well in his retirement".

Sage is a mineral exploration and development company which has primary interests in near-term production and exploration properties in Ontario. Its main properties are the Clavos Gold deposit in Timmins and the Lynx deposit and other 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.

This news release contains certain "Forward-Looking Statements" within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended and "Forward Looking Information" within the meaning of applicable Canadian securities legislation. Some forward looking statements and forward looking information contained in this release are forward-looking and, therefore, involve uncertainties or risks that could cause actual results to differ materially. Such forward-looking statements include comments regarding mining and milling operations, mineral resource statements and exploration program performance. Factors that could cause actual results to differ materially include metal price volatility, economic and political events affecting metal supply and demand, fluctuations in mineralization grade, geological, technical, mining or processing problems, exploration programs and future results of exploration programs, future profitability and production. The Company disclaims any obligation to update forward-looking statements.

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)
    www.sagegoldinc.com

    Sage Gold Inc.
    Mike O'Brien
    Communications Manager/Investor Relations
    416-204-3170
    416-260-2243 (FAX)

    Investor Cubed Inc.
    647-258-3311 or 888-258-3323
    info@investor3.ca