TORONTO, ONTARIO -- (Marketwired) -- 05/23/13 -- Sage Gold Inc. (TSX VENTURE: SGX) (the "Company") announces the closing of the first tranche of a previously announced Cdn $700,000 non-brokered private placement for gross proceeds of $499,270 through the sale of 3,620,396 flow-through units (the "FT Units") at $0.05 per FT Unit and 10,608,334
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