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Saga Metals Corp. ( (TSE:SAGA) ) has issued an announcement.
Saga Metals Corp. has elected to accelerate the expiry of common share purchase warrants issued as part of its 2025 financings, following a sustained rise in its share price above the contractual trigger level on the TSX Venture Exchange. The move is expected to call in roughly C$3.6 million in additional funding on top of more than $675,000 in warrant exercises already received since the start of 2026 and the $9 million raised in late 2025, leaving the company in what management describes as its strongest financial position to date and supporting an expanded 2026 work program at its Radar critical minerals project in Labrador.
More about Saga Metals Corp.
Saga Metals Corp. is a North American mineral exploration company focused on advancing critical mineral discoveries, with its flagship Radar Critical Mineral Property in Labrador, Canada. The 24,175-hectare Radar Property hosts the entire Dykes River intrusive complex and exhibits vanadiferous titanomagnetite mineralization comparable to major global Fe–Ti–V systems, positioning the project as a potential strategic future supplier of titanium, vanadium, and iron to North American markets.
Average Trading Volume: 308,924
Technical Sentiment Signal: Strong Buy
Current Market Cap: C$55.7M
For a thorough assessment of SAGA stock, go to TipRanks’ Stock Analysis page.