The mining newspaper for Alaska and Canada's North

Sabina continues to de-risk Back River

North of 60 Mining News – January 1, 2019

Sabina Gold & Silver Corp. Dec. 21 reported that it has raised C$28.1 million, money that will be used to continue early mine development activities at the company's Back River gold project in Nunavut.

The bought deal financing involved the issuance of 21.09 million Sabina shares at $1.20 each for C$25.31 million. This total includes 2.32 million being issued to Zhaojin International Mining Co., a...

 

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