SAGA Metals Announces Non-Brokered Private Placement and Provides Corporate Update

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VANCOUVER, British Columbia, May 02, 2025 (GLOBE NEWSWIRE) -- SAGA Metals Corp. (the “Company” or “SAGA”) (TSXV: SAGA) (OTCQB: SAGMF) (FSE: 20H), a North American exploration company focused on critical mineral discovery in Canada, is pleased to announce that it intends to complete a financing by way of a non-brokered private placement for aggregate gross proceeds of C$2,500,000 comprised of: (i) 2,500,000 flow-through common share units of the Company (the “FT Units”) at C$0.30 per FT Unit for gross proceeds of C$750,000, and, (ii) 7,000,000 hard dollar common share units of the Company (the “HD Units”, and together with the FT Units, the “Securities”) at C$0.25 per HD Unit for gross proceeds of C$1,750,000 (collectively, the “Offering”).

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