SAGA Metals Announces Closing of Oversubscribed Brokered LIFE Offering for Gross Proceeds of C$6.0 Million [Canadian Business Journal (Canada)]
Rio Tinto Plc (RIO)
US:NYSE Investor Relations:
riotinto.com/investors-87.aspx
Company Research
Source: Canadian Business Journal
NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESVANCOUVER, British Columbia, Dec. 05, 2025 (GLOBE NEWSWIRE) — SAGA Metals Corp. (“CompanyOfferingUnitUnit PriceFT UnitOffered SecuritiesRed CloudEach Unit consists of one common share of the Company (a “Unit ShareWarrantIncome Tax ActFT ShareWarrant ShareThe Company intends to use the net proceeds from the Offering for the exploration of the Company’s properties in Labrador, Canada, as well as for working capital and general corporate purposes, as is more fully described in the Offering Document (as herein defined).“We are thrilled to announce the successful closing of our oversubscribed C$6 million LIFE offering — a powerful endorsement from the market and a major milestone for the Company,”stated Mike Stier, CEO & Director of Saga Metals.“This strong vote of confidence validates our strategy and assets, and most importantly, it fully funds our high-impact 2026 drill program to deliver a
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