Meadow Lake RCMP have charged a 28-year-old man with attempted murder.
Jordan Nelson is also charged with aggravated assault with a weapon.
He was the subject of a SaskAlert on Wednesday afternoon.
Police say the 74-year-old male victim of the assault remains in hospital and Nelson and the victim are known to each other.
At the time of the SaskAlert, police said the suspect was believed to be carrying an axe.
Nelson was scheduled to appear in Meadow Lake Provincial Court on Friday morning via telephone.
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Meadow Lake RCMP have taken a man into custody after issuing a dangerous person alert on Wednesday afternoon.
Police say they received a report of a serious assault in a rural area outside the city around 1:20 p.m.
RCMP say a suspect had fled the scene and was believed to be carrying an axe.
The victim was taken to hospital with serious injuries.
A SaskAlert was issued for 28-year-old Jordan Nelson shortly before 2 p.m.
Mounties say the suspect was located and arrested without incident around 2:50 p.m.