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Sabina Gold & Silver Corp.

10:01 AM EST - Sabina Gold & Silver Corp. : Reports advancement on project financing for the Goose Mine, the first mine on the 100% owned Back River Gold District in Nunavut. Sabina has continued to advance project finance initiatives for the Goose Mine. An indicative project finance term sheet was signed earlier this year and commercial due diligence has now been completed. The proposed project finance facility has also received investment committee approval, subject to completion of legal due diligence and approval of definitive documentation. Concurrently, the Company has also negotiated a streaming term sheet for the Goose Mine. Sabina Gold & Silver Corp. shares T.SBB are trading up $0.02 at $1.46.