SAGA Metals Appoints Accomplished Mining Executive Peter Hogendoorn to Board of Advisors and Engages Xander Capital Partners
Rhea-AI Summary
SAGA Metals Corp. (OTCQB: SAGMF) has announced two significant developments to strengthen its leadership and market presence. The company has appointed Peter Hogendoorn, a veteran mining executive with over 30 years of experience, to its Board of Advisors. Hogendoorn, currently CEO of Sage Potash Corp., brings extensive expertise in financing junior mining companies and has notably raised $16M for the Sage Plains potash discovery well in 2012.
Additionally, SAGA has engaged Xander Capital Partners for investor relations services under a 12-month agreement. The engagement includes a monthly fee of USD $10,000 and 700,000 stock options vesting quarterly over 12 months. Xander Capital Partners, known for their role in Alpha Lithium Corp.'s recent $300M+ buyout, will focus on enhancing SAGA's market awareness and broadening its investment community reach.
Positive
- Appointment of seasoned mining executive Peter Hogendoorn with over 30 years of experience to Board of Advisors
- Strategic partnership with Xander Capital Partners, who previously supported Alpha Lithium's $300M+ buyout
- Company's Radar Titanium project benefits from strategic location in Labrador with proximal seaport access
Negative
- Monthly cash fee of USD $10,000 and 700,000 stock options for IR services represents significant expense
- IR agreement subject to TSX Venture Exchange approval, indicating regulatory uncertainty
News Market Reaction – SAGMF
On the day this news was published, SAGMF declined 33.33%, reflecting a significant negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
VANCOUVER, British Columbia, June 30, 2025 (GLOBE NEWSWIRE) -- SAGA Metals Corp. ("SAGA" or the "Company") (TSXV: SAGA) (OTCQB: SAGMF) (FSE: 20H), a North American exploration company focused on critical minerals discovery, is pleased to announce the appointment of seasoned mining executive Peter Hogendoorn to its Board of Advisors, along with a key investor relations partnership aimed at elevating shareholder engagement and corporate visibility.
Appointment of Peter Hogendoorn to Board of Advisors
With over three decades of experience, Mr. Hogendoorn has specialized in financing junior mining and technology companies in both public and private sectors. As the founder and owner of Wrenswood Capital Corp for the past 20 years, he has focused on investing in and advising numerous start-ups and facilitating the revitalization of defunct operations. In 2012, he raised
“We are thrilled to welcome Peter to SAGA Metals’ board of advisors, where his proven track record as a distinguished mining executive will significantly enhance our strategic vision,” said Mike Stier, CEO & Director of SAGA Metals. “Peter’s extensive experience in driving successful mineral exploration and development aligns seamlessly with our mission to advance critical mineral projects, particularly our Radar Titanium project in Labrador.”
Mr. Hogendoorn commented: “I’m excited by SAGA’s team and vision for developing strategic critical minerals that are traditionally produced in foreign jurisdictions. This has resulted in an overleverage of import dependence on critical minerals in Western economies. Such is the case for both Titanium and Potash with many starting to see the bull market opportunity ahead. Located in Labrador with proximal seaport access, I believe there exists an excellent opportunity to create important local jobs, and wealth creation as SAGA strives to become a major producer of titanium and other strategic critical minerals.”
Strategic IR Engagement with Xander Capital Partners
The Company is also pleased to announce that it has entered into an investor relations agreement dated June 30, 2025 (the "Agreement") with Xander Capital Partners Inc. ("Xander"), pursuant to which Xander will provide investor relations and market consulting services for an initial period of 12 months, subject to extension by mutual agreement of both parties. The Agreement can be terminated by giving 30 days' prior written notice of termination to the other party or by mutual written agreement of the parties.
Xander has been engaged to heighten market awareness of the Company and to broaden the Company's reach within the investment community. Pursuant to the Agreement, Xander will provide the following services to the Company: brand awareness, introductions to mining industry partners, research analysts, investment bankers, advisors, potential board members and digital marketing professionals. The Company will pay Xander a monthly cash fee of USD
Xander Capital Partners, a leading investor relations firm with over 30 years of cumulative industry experience whose clientele has included public companies such as Alpha Lithium Corp. from inception in 2019 to the recent
The Agreement remains subject to the approval of the TSX Venture Exchange (the "Exchange").
Going forward please contact Rob Guzman, Investor Relations, for more information related to the Company and its projects.
Contact details:
Toll Free Tel: +1 (844) 724-2638
Email: rob@sagametals.com
About SAGA Metals Corp.
SAGA Metals Corp. is a North American mining company focused on the exploration and discovery of a diversified suite of critical minerals that support the global transition to green energy. The Radar Titanium Project comprises 24,175 hectares and entirely encloses the Dykes River intrusive complex, mapped at 160 km2 on the surface near Cartwright, Labrador. Exploration to date, including a 2,200m drill program, has confirmed a large and mineralized layered mafic intrusion hosting vanadiferous titanomagnetite (VTM) with strong grades of titanium and vanadium.
The Double Mer Uranium Project, also in Labrador, covers 25,600 hectares featuring uranium radiometrics that highlight an 18km east-west trend, with a confirmed 14km section producing samples as high as
Additionally, SAGA owns the Legacy Lithium Property in Quebec's Eeyou Istchee James Bay region. This project, developed in partnership with Rio Tinto, has been expanded through the acquisition of the Amirault Lithium Project. Together, these properties cover 65,849 hectares and share significant geological continuity with other major players in the area, including Rio Tinto, Winsome Resources, Azimut Exploration, and Loyal Lithium.
With a portfolio that spans key minerals crucial to the green energy transition, SAGA is strategically positioned to play an essential role in the clean energy future.
On Behalf of the Board of Directors
Mike Stier, Chief Executive Officer
For more information, contact:
SAGA Metals Corp.
Rob Guzman, Investor Relations
Tel: +1 (844) 724-2638
Email: rob@SAGAmetals.com
www.SAGAmetals.com
Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Cautionary Disclaimer
This news release contains forward-looking statements within the meaning of applicable securities laws that are not historical facts. Forward-looking statements are often identified by terms such as “will”, “may”, “should”, “anticipates”, “expects”, “believes”, and similar expressions or the negative of these words or other comparable terminology. All statements other than statements of historical fact, included in this release are forward-looking statements that involve risks and uncertainties. In particular, this news release contains forward-looking information pertaining to the Company’s advisors, projects and investor relations. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company’s expectations include, but are not limited to, changes in the state of equity and debt markets, fluctuations in commodity prices, delays in obtaining required regulatory or governmental approvals, environmental risks, limitations on insurance coverage, risks and uncertainties involved in the mineral exploration and development industry, and the risks detailed in the Company’s continuous disclosure, filed under its SEDAR+ profile at www.sedarplus.ca. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company. The reader is cautioned not to place undue reliance on any forward-looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release and the Company will update or revise publicly any of the included forward-looking statements only as expressly required by applicable law.
FAQ
Who is Peter Hogendoorn and what experience does he bring to SAGA Metals (SAGMF)?
What are the terms of SAGA Metals' agreement with Xander Capital Partners?
What is SAGA Metals' (SAGMF) main project focus?
What is Xander Capital Partners' track record in the mining sector?
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