VANCOUVER, British Columbia, Feb. 26, 2026 (GLOBE NEWSWIRE) — SAGA Metals Corp. (“SAGA” or the “Company”) (TSXV: SAGA) (OTCQB: SAGMF) (FSE: 20H), a North American exploration company focused on critical mineral discoveries, is pleased to announce the successful completion and expiry of its Warrant Acceleration Program (the “Acceleration”) of outstanding common share purchase Warrants of the Company issued in connection with a financing that closed in two tranches on May 23 and July 31, 2025 (the “May Financing”) and a financing that closed on October 10, 2025 (the “October Financing”; together with the May Financing, the “Financings”). The Company issued an aggregate of 6,637,667 warrants and 163,146 finder’s warrants (together, the “May Warrants”) in connection with the May Financing.
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Brief Summary
SAGA Metals Corp. successfully completed its Warrant Acceleration Program, allowing the company to raise a total of C$3,422,888 through the expiry of its outstanding warrants. This strategic move strengthens SAGA’s financial position in the critical minerals sector. Key highlights include:
- Warrant Proceeds: C$3,422,888 raised since January 1, 2026.
- Warrant Issuance: 6,637,667 common share purchase warrants issued.
- Financing Details: Warrant issuance linked to two financings in 2025.
- Market Position: Enhanced position in the critical minerals sector.
Why it matters: This accomplishment positions SAGA Metals for future growth, reinforcing investor confidence in the company.
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