Brief: Sabre Gold Announces Financial Restructuring And Change Of Leadership

Sabre Gold Mines

24/10/2022 13:50

Oct 24 (Reuters) - Sabre Gold Mines Corp  SGLD.TO :
    * SABRE GOLD ANNOUNCES FINANCIAL RESTRUCTURING AND CHANGE OF
LEADERSHIP TO MOVE PERMITTED COPPERSTONE GOLD PROJECT IN ARIZONA
TOWARD PRODUCTION
    * SABRE GOLD MINES - APPOINTMENT OF ANDREW ELINESKY AS CHIEF
EXECUTIVE OFFICER/PRESIDENT AND DIRECTOR OF SABRE GOLD
    * SABRE GOLD MINES - ELINESKY SUCCEEDS GIULIO BONIFACIO, WHO
HAS
RETIRED FROM HIS ROLE AS CEO/PRESIDENT AND DIRECTOR EFFECTIVE
OCTOBER 23, 2022
    * SABRE GOLD MINES CORP - RETIREMENT OF 4.5% GROSS
PRODUCTION
ROYALTY ON COPPERSTONE
    * SABRE GOLD MINES CORP - RETIREMENT OF OUTSTANDING
LONG-TERM DEBT
IN AMOUNT OF US$3.65 MILLION DOLLARS
    * SABRE GOLD MINES CORP - EXTENSION OF REMAINING OUTSTANDING
DEBT
BY ONE YEAR TO DECEMBER 31, 2024
    * SABRE GOLD MINES CORP - SALE OF COMPANY'S 1% NSR ON
KERR-ADDISON
MINE CLAIMS OWNED BY GOLD CANDLE LTD. FOR TOTAL CONSIDERATION OF
US$7.4 MILLION

Source text for Eikon:  ID:nGNX5tk23W 
Further company coverage:  SGLD.TO 
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