Sabina Gold & Silver update

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Fri, Nov 27, 2009

Silver Company News
Post by Melissa Pistilli, Silver Reporter

Sabina Gold & Silver Corp. (TSX:SBB) today reported that the company has entered into an agreement with Dundee Securities Corporation and a syndicate of underwriters to purchase, on a bought deal basis, 5,000,000 flow-through common shares at a price of $1.27 per Flow-Through Common Share for gross proceeds of $6,350,000.

The press release is quoted as saying:

SABINA GOLD & SILVER CORP. is a Canadian public mineral exploration and development company with assets at the Hackett River silver, Back River gold and Wishbone projects in Nunavut, Canada and several projects in the Red Lake gold camp.

Click here to access the entire press release

Click here to access Sabina Gold & Silver Corporate Site

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