Re: Sage Announces Closing of Merger With Consolidated Puma Mineral Resources Corp.

Timmins & Beardmore - Northern Ontario

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red911

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Re: Sage Announces Closing of Merger With Consolidated Puma Mineral Resources Corp.

in response to

Sage Announces Closing of Merger With Consolidated Puma Mineral Resources Corp.

AGORACOM

posted on Aug 11, 2009 08:22AM

Glad this is completely behind us... but I do find it very strange there is absolutely no mention of the Kinross Gold 8.6% ownership stake in SGX that resulted from this acquisition. Is this not significant? Why would SGX not want investors/the market to know this? Now maybe there is another seperate joint SGX-Kinross release coming on this. If not I find this very strange.

i.e. "Sage, President & CEO, Nigel Lees said at closing, "We welcome the shareholders of Consolidated Puma as shareholders of Sage Gold. The additional shareholder base, which now includes an 8.6% ownership stake by Kinross Gold Corp, and the addition of two Puma directors will provide additional expertise in the resource business as Sage moves forward with the development of its exciting properties in the Beardmore Geraldton Gold camp."

This is significant and the market should know about it. Again, hope there is another release coming on this.