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Sabina Gold & Silver Corp. Announces C$35 Million Bought Deal Financing


VANCOUVER, British Columbia, March 09, 2021 (GLOBE NEWSWIRE) Sabina Gold & Silver Corp. (SBB.T/SGSVF.OTCQX), (“
Sabina” or the “
Company”) has announced today that it has entered into an agreement with a syndicate of underwriters led by BMO Capital Markets and RBC Capital Markets, under which the underwriters have agreed to buy on a bought deal basis 18,000,000 common shares (the “Common Shares”) at a price of C$1.95 per Common Share for gross proceeds of approximately C$35 million (the “Offering”). The Company has granted the Underwriters an option, exercisable at the offering price for a period of 30 days following the closing of the Offering, to purchase up to an additional 15% of Common Shares issued to cover over-allotments, if any. The Offering is expected to close on or about March 16, 2021 and is subject to Sabina receiving all necessary regulatory approvals. ....

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Sabina Gold & Silver Updates on Construction Accomplishments


Sabina Gold & Silver Updates on Construction Accomplishments
Sabina Gold & Silver Updates on Construction Accomplishments
VANCOUVER, British Columbia, Dec. 16, 2020 Sabina Gold & Silver Corp (TSX-SBB/OTCQX-SGSVF) “Sabina” or the “Company” is pleased to announce that our construction objectives for the year were completed and demobilization of personnel from the Goose project in Nunavut, Canada has been completed.
Project Pre-development Activities
Despite a late start due to COVID, 2020 was a productive year at Goose Camp as the Company continued to advance its exploration and project pre-development activities.
Under a COVID strict operational framework which required pre-deployment monitoring, pre-deployment Health Canada approved testing, and onsite mitigation and monitoring the Back River project was the only large-scale mining camp in the territory not to report any cases of COVID. ....

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