Silver

Sabina Gold & Silver Corp (TSE:SBB) reports that the company has amended the terms of its previously announced $15 million equity bought deal.

Sabina Gold & Silver Corp (TSX:SBB) reports that the company has amended the terms of its previously announced $15 million equity bought deal.

The press release is quoted by saying:

The gross proceeds of the Flow-Through Common Shares will be used to aggressively advance the Company’s projects in Nunavut, particularly at Back River, with a preliminary 2011exploration budget of approximately $40 – $45 million. The exploration program and budget is subject to final review and board approval. A cash commission equal to 5.0% of the gross proceeds raised in the offering will be paid to the underwriters.

Click here to access the entire press release

Click here to access Sabina Gold & Silver Corporate Site

MARKETS

Markets
TSX19578.30-90.87
TSXV663.83-4.45
DOW32774.41-58.13
S&P 5004122.47-17.59
NASD12493.93-150.53
ASX7020.60+5.00

COMMODITIES

Commodities
Gold1794.41+5.17
Silver20.53-0.18
Copper3.590.00
Palladium2224.50+3.50
Platinum938.00-6.00
Oil90.54-0.22
Heating Oil3.33+0.15
Natural Gas7.84+0.25

DOWNLOAD FREE REPORTS

×