SAGA Metals Corp. announced the closing of a non-brokered private placement, raising C$2,988,024.64 through the issuance of flow-through and hard dollar units. Each unit includes common shares and warrants with specific terms. The Company will use the proceeds for Canadian exploration expenses and general working capital. The Offering includes a hold period of four months and one day. Additionally, SAGA entered into marketing agreements with Capitaliz and i2i Marketing Group to expand investor awareness and provide online marketing services. Both agreements are subject to approval by the Exchange.

SAGA Metals Corp. focuses on critical minerals exploration, including projects like the Radar Titanium Project in Labrador and the Double Mer Uranium Project. The Company also owns the Legacy Lithium Property in Quebec, positioning itself strategically in the green energy transition. SAGA aims to play a crucial role in the clean energy future with its diverse mineral portfolio. The Company’s forward-looking statements emphasize the importance of regulatory compliance and risk management in the mineral exploration industry.

Read more at GlobeNewswire: SAGA Metals Announces Closing of Fully Subscribed