Timmins & Beardmore - Northern Ontario

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Message: New Board Member




June 06, 2011 09:00 ET
Sage Board Appoints Hua Bai Director



TORONTO, ONTARIO--(Marketwire - June 6, 2011) -Sage Gold Inc. (TSX VENTURE:SGX) ('Sage' or the Company') is pleased to announce Mr. Hua Bai has been elected to the Board of Directors. Mr. Bai is a Beijing, China businessman. He has investment and commercial experiences covering various fields in China and Vancouver. With more than 20 years of business activities, he has established an extensive business network in China. Mr. Bai is currently the President of Earnlead Investments Inc., Sino Water Holdings Inc., and has held such positions since May, 2011. Mr. Bai is a director of Century Iron Mines Corporation (TSX VENTURE:FER).

Nigel Lees, Director, President & CEO of Sage commented: "We are delighted to welcome Mr. Bai as a director to our Company. His extensive network of resource investors in China will provide Sage with a significant opportunity to expand its shareholder base to fund its development projects, in particular the development of the Clavos Mine".

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 mine 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.

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.

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