By Shane Lasley
Sabina bolsters Back River de-risk funds
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Last updated 7/26/2015 at Noon
Sabina Gold & Silver Corp. July 14 reported the completion C$1.3 million non-brokered private placement comprised of 2,661,600 flow-through common shares at C50 cents per share. "We are pleased that this financing bolsters our already strong treasury," said Sabina President and CEO Bruce McLeod. "We believe that the work we are doing at Back River continues to de-risk and add value to the project and that the use of flow-through funds to facilitate some of this work is a more effective use of capital."
Over his more than 16 years of covering mining and mineral exploration, Shane has become renowned for his ability to report on the sector in a way that is technically sound enough to inform industry insiders while being easy to understand by a wider audience.
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