Sabre Gold Mines Corp. (T:SGLD)
Business Focus: Gold Mining
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Latest 10 SEDI filings for SGLD within the last 6 months
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Company News
Nov 02, 2023 07:15 ET
Sabre Gold Finalizes Debt and Stream Restructuring
Vancouver, British Columbia--(Newsfile Corp. - November 2, 2023) - Sabre Gold Mines Corp. (TSX: SGLD) (OTCQB: SGLDF) ("Sabre Gold" or the "Company") is pleased to announce that it has finalized the restructuring of the Company's current debt obligations and the gold stream over the Copperstone Mine with its secured creditors (the "Restructuring"). The terms of the Restructuring were the same as announced in the Company's press release of October 3, 2023 (link here). The terms include: (i) partial early repayment of its debt obligations in return for the forgiveness of $3 million in accrued interest, (ii) amending the gold entitlement percentage under the gold stream in return for initial and deferred payments and shares in the Company, and, (iii) agreement to repurchase the 1.5% gross production royalty on the Copperstone Mine within 12 months for consideration of US$1,250,000.
Oct 18, 2023 07:15 ET
Sabre Gold Announces Exercise of Option on SER Property
Vancouver, British Columbia--(Newsfile Corp. - October 18, 2023) - Sabre Gold Mines Corp. (TSX: SGLD (OTCQB: SGLDF) ("Sabre Gold" or the "Company") is pleased to announce that its partner, Rackla Metals ("Rackla"), has exercised its option to acquire a 100% interest, subject to a 2.5% NSR royalty, in the SER property. Pursuant to the SER Option Agreement dated September 29, 2022, Rackla has completed the following:
Valuation Ratios
Industry
Sector
Beta
0.95
--
--
Price to Sales - TTM
--
3.04
4.24
Price to Book - most recent quarter
0.39
1.63
1.74
Price to Cash Flow per share - TTM
5.72
9.39
8.39
Price to Free Cash Flow per share - TTM
9.11
25.05
16.02
Short Report
| Date | Number of Shares Shorted | Net Change |
|---|---|---|
| Nov 15, 2023 | 7,304 | 67 |
| Oct 31, 2023 | 7,237 | -12,530 |
| Oct 15, 2023 | 19,767 | 16,717 |
Business Summary
| Sector: Basic Materials | Industry: Gold |
Sabre Gold Mines Corp is a diversified, multi-asset gold producer in North America. The Company holds 100% ownership of both the fully licensed and permitted Copperstone gold mine located in Arizona, United States and the Brewery Creek gold mine located in Yukon, Canada. The Company also holds other investments and projects at varying stages of development. The Company's two advanced projects have approximately 1.5 million ounces of gold in the measured and indicated categories and approximately 1.2 million ounces of gold in the Inferred category. Both Copperstone and Brewery Creek have considerable exploration upside with a combined land package of over 230 square kilometers (km2). The Copperstone Mine is situated in LaPaz County, in Western Arizona, within the Walker Lane mineral belt where it intersects gold provinces in Southern California and Western Arizona. The Brewery Creek project is located approximately 55 km east of Dawson City, Yukon.
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