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Saga Metals Corp. ( (TSE:SAGA) ) has provided an update.
Saga Metals has completed and expired its warrant acceleration program tied to 2025 financings, resulting in the exercise of 6,755,142 warrants since January 1, 2026 and generating C$3.42 million in proceeds. Combined with a C$9 million raise in late 2025, the company says this places it in its strongest financial position to date as it advances drilling and execution of its growth strategy.
The additional funding underpins ongoing work at the company’s Radar Critical Mineral Property in Labrador, where drilling in 2024 and 2025 confirmed mineralization in all 25 holes and validated more than 16 km of oxide layering across key zones. With grades comparable to major global Fe–Ti–V systems and strong local infrastructure, Saga positions Radar as a potential future strategic supplier of titanium, vanadium and iron to North American markets.
More about Saga Metals Corp.
Saga Metals Corp. is a North American mineral exploration company focused on critical mineral discoveries, with its flagship Radar Property in Labrador targeting vanadiferous titanomagnetite systems. The project aims to supply titanium, vanadium and iron to North American markets, supported by established infrastructure including road access, a deep-water port, hydroelectric power and an airstrip near Cartwright, Labrador.
Average Trading Volume: 383,503
Technical Sentiment Signal: Strong Buy
Current Market Cap: C$46.53M
For detailed information about SAGA stock, go to TipRanks’ Stock Analysis page.