- Sabre Gold Mines Corp. (SGLD) has announced a non-brokered private placement of units for gross proceeds of up to $1.5 million
- The proceeds will be used for advancing the Copperstone and Brewery Creek projects
- The offering is expected to close on or before January 27, 2023
- Sabre Gold is a gold producer that holds 100-per-cent ownership of both the Copperstone gold mine in Arizona and the Brewery Creek gold mine in Yukon
- Sabre Gold Mines Corp. (SGLD) opened trading at C$0.19
Sabre Gold Mines Corp. (SGLD) has announced a non-brokered private placement of units for gross proceeds of up to $1.5 million.
Each unit, priced at C$0.17, will consist of one common share and one-half of one common share purchase warrant. Each whole warrant will entitle the holder to acquire an additional common share at a price of $0.30 for a period of 24 months following the closing of the offering.
The securities will not be subject to a hold period.
The proceeds will be used for advancing the Copperstone Project, permitting work at the Brewery Creek Project and general working capital purposes.
The offering is expected to close on or before January 27, 2023.
Sabre Gold is a gold producer that holds 100-per-cent ownership of both the Copperstone gold mine in Arizona and the Brewery Creek gold mine in Yukon.
Sabre Gold Mines Corp. (SGLD) opened trading at C$0.19.