News
Sabina Gold hires Cutfield Freeman as financial adviser
2017-06-29 17:39 ET - News Release
Mr. Bruce McLeod reports
SABINA GOLD & SILVER ANNOUNCES ENGAGEMENT OF FINANCIAL ADVISORY FIRM
Sabina Gold & Silver Corp. has engaged Cutfield Freeman & Co. (CF) as its financial advisory firm.
Cutfield Freeman & Co is a global mining financial advisory firm that provides independent advice on all aspects of mining finance.
Bruce McLeod, President and CEO stated, "We are very pleased to have engaged Cutfield Freeman as our financial advisor as we look for opportunities to fund the construction of the Back River project pending a positive NIRB recommendation. CF has a proven track record in financing alternatives for mine construction which we believe will assist us in our objectives to finance Back River at a reasonable cost of capital. Preparatory work is underway and opportunities are being developed to assist us should we receive a positive NIRB recommendation sometime in mid-July."
Management Changes
The Company also announces the departure of Wes Carson, Vice-President, Project Development for the Company. Mr. Carson has left the Company to pursue other career opportunities. A search is underway for a replacement to lead project development and construction activities and take the project into production. During the interim, Jeff Eng, Director of Engineering for the Company will oversee all project development activities.
Sabina Gold & Silver Corp.
Sabina Gold & Silver Corp. is a well-financed, emerging precious metals company with district scale, world class undeveloped assets in one of the world's newest, politically stable mining jurisdictions: Nunavut, Canada.
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