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Zhaojin exercises participation rights and purchases shares of Sabina Gold

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Zhaojin International Mining

On December 21, 2018, Sabina Gold & Silver Corp. (TSX: SBB) (“Sabina”), an emerging precious metals company with district scale, advanced, high grade gold assets in Nunavut, Canada, announced the closing of its bought deal offering of common shares for total gross proceeds of approximately $25.3 million. Zhaojin International Mining Co., Ltd. ("Zhaojin") elected to exercise its participation right in relation to the offering to purchase, by way of private placement, common shares of Sabina for additional proceeds of approximately $2.8 million. Fasken advised Zhaojin with a team comprising of Michael Boehm and Lei Huang.



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