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Off-market insider buying at Sabre Gold Mines (T:SGLD)

Updated Monday Jan 30, 2023 03:43 AM EDT

Fahad Mohammed Al Tamimi, a Senior Officer and Director, acquired 1,764,706 Common Shares on a direct ownership basis at a price of $0.170 through a prospectus or prospectus exempt offering on January 24th, 2023. The insider also acquired 882,353 Warrants Common Share Purchase Warrants with an exercise price of $0.300 for 24 months. This represents a $300,000 investment into the company's shares and an account share holdings change of 80.7%.

Two other insiders also participated in smaller amounts.

Sabre Gold Mines is in the Gold Sub Industry Group under the Basic Materials Sector.

Sabre Gold Mines Corp is a Canada-based gold producer in North America. The Company holds 100% of the fully permitted Copperstone mine located in Arizona, United States and 100% of the Brewery Creek mine located in Yukon, Canada. The Company has approximately 1.5 million ounces gold in the measured and indicated categories, and approximately 1.2 million ounces gold in the inferred category. In addition, both Copperstone and Brewery Creek have exploration upside with a combined land package of over 230 square kilometers. Its Copperstone Gold Mine is located in western Arizona, in the United States, within the Walker Lane mineral belt. It hosts a gold endowment of approximately 40 million ounces of gold. Its Brewery Creek project is 180 square kilometer (km2) property located approximately 55 km east of Dawson City, Yukon. The Company's other projects and assets include Marg project, and non-core assets such as Grew Creek and Gold Dome.

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Go to Sabre Gold Mines Corp. (SGLD)'s company page

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