TORONTO, ONTARIO -- (Marketwire) -- 07/21/10 -- Sage Gold Inc. (TSX VENTURE: SGX) (the 'Company') announces that it has completed a further closing of 1,011,818 Units at $0.22 per unit for gross proceeds of $222,600. As a result, 1,011,818 common shares and 505,909 warrants were issued to investors in this third closing.