Emerging precious metals company Sabina Gold and Silver has entered into an agreement with a syndicate of underwriters to raise C$49-million, which it would use to advance the Back River gold project, in Nunavut. Led by BMO Capital Markets and RBC Capital Markets, the underwriters have agreed to buy, on a bought-deal basis, a combination of shares, including common, flow-through, charity flow-through and super charity flow-through common shares.
