Providing coverage of Alaska and Northwest Canada's mineral industryJuly 2015
| Vol. 20, No. 30 | Week of July 26, 2015 |
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Mining News: Northern Neighbors: Sabina bolsters Back River de-risk funds
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.”
- Shane Lasley
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