Timmins & Beardmore - Northern Ontario

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Message: Novadx

Re: Novadx

in response to by
posted on May 14, 2008 04:29PM

w6w:

No I had not realized this. Great find. Good work.

Upon further research, it appears NovaDX Ventures Corp. has participated/assisted in a couple of SGX PPs including most recent PP at 50 cents. See tsx acceptance bulletins below. Complete breakdown of '23.40%' found here: http://www.novadx.com/i/pdf/FactShee...

can be found here on p. 9: http://www.novadx.com/i/pdf/2008Q2FS...

The '23.40%' appears to be on a full-diluted basis and, therefore, includes warrants. NovaDX Ventures Corp. does have significant holdings of 1,786,000 shares or 4,382,000 shares on a full-diluted basis. Doesn't appear they sold their 14 cent PP shares on the last run-up to 40-50 cents as they still had them as of Dec 31, 2007... so I would guess they are still holding.

Good job w6w. I have said this before that the tsx acceptance bulletins contain a lot of very useful info that can sometimes be used to gain some very interesting additional facts as you have demonstrated. Keep it up.

red911



Sage Gold 8.03-million-FT-and-NFT-share financing

2007-09-13 16:17 ET - Private Placement

The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced Sept. 7, 2007.

Shares: 6.25 million flow-through shares and 1,786,000 non-flow-through shares

Purchase price: 16 cents per flow-through share and 14 cents per non-flow-through share

Warrants: 4,911,000 share purchase warrants to purchase 4,911,000 shares

Warrant exercise price: 22 cents for an 18-month period (flow-thorough); and 19 cents for a one-year period and 25 cents in the second year (non-flow-through)

Hidden placees: three

Finder's fee: $60,000 in cash and 500,000 finder's warrants payable to NovaDX Ventures Corp., Vancouver, B.C. Each finder's warrant entitles the holder to acquire one unit at 16 cents for an 18-month period.



Note that in certain circumstances the exchange may later extend the expiry date of the warrants, if they are less than the maximum permitted term.

For further details, please refer to the company's news release dated Sept. 7, 2007.

Sage Gold 10.96-million-FT-share financing



2007-11-27 16:52 ET - Private Placement

The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced Oct. 30, 2007.

Shares: 10.96 million flow-through shares

Purchase price: 50 cents

Warrants: 5.48 million share purchase warrants to purchase 5.48 million shares

Warrant exercise price: 75 cents for two-year period

Hidden placees: 49

Insider: Northstar Drilling Ltd. (Nicola Lambert) 100,000

Pro groups: Dixi Robertson 40,000; Darren Slack 30,000; Elizabeth Leonard 20,000; Edena Soper 20,000

Finders' fees: A total of $311,400 in cash and 830,400 finders' warrants payable to Limited Market Dealer Inc., Raymond James Ltd., MGI Securities Inc., Canaccord Capital Corp., Altus Securities Inc., Fraser Mackenzie Ltd., Research Capital Corp., MAK, Allen & Day Capital Partners Inc., Kingsdale Capital Markets Inc., Thomas L. Toth, David Horlington, NovaDX Ventures Corp., Octagon Capital Corp., TD Waterhouse and Foster & Associates Financial Services Inc. Each finder's warrant entitles the holder to acquire one unit at 75 cents for a two-year period.



For further details, please refer to the company's news release dated Nov. 16, 2007.

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