Sabina Gold & Silver Corp. files $500 million base shelf prospectus

1 minute read
26 March 2018

On March 26, 2018, Sabina Gold & Silver Corp. (TSX: SBB), ("Sabina") announced that it had filed a final base shelf prospectus with the securities regulatory authorities in each of the provinces and territories of Canada other than Quebec.

The shelf prospectus will enable Sabina to make offerings of up to $500 million of any combination of common shares, debt securities, subscription receipts, units and warrants during the 25-month period that the shelf prospectus, including any amendments thereto, remains valid.

Sabina is well-financed with approximately $94.5 million in cash and equivalents, and is an emerging precious metals company with district scale, advanced, high grade gold assets in Nunavut, Canada.

Gowling WLG advised Sabina with respect to the filing of this shelf prospectus with a team that included Brett Kagetsu, Denis Silva and Tara Amiri-Khaledi.

NOT LEGAL ADVICE. Information made available on this website in any form is for information purposes only. It is not, and should not be taken as, legal advice. You should not rely on, or take or fail to take any action based upon this information. Never disregard professional legal advice or delay in seeking legal advice because of something you have read on this website. Gowling WLG professionals will be pleased to discuss resolutions to specific legal concerns you may have.

Related   Mining, Capital Markets