NEW YORK, March 28, 2019 /PRNewswire/ -- OTC
Markets Group Inc. (OTCQX: OTCM), operator of financial
markets for 10,000 U.S. and global securities, today announced
Sabina Gold & Silver Corp.
(TSX: SBB; OTCQX: SGSVF), ("Sabina") a Canadian gold miner in
the making has qualified to trade on the OTCQX® Best Market.
Sabina upgraded to OTCQX from the Pink® market.
Sabina begins trading today on OTCQX under the symbol "SGSVF."
U.S. investors can find current financial disclosure and
Real-Time Level 2 quotes for the company on www.otcmarkets.com.
"Sabina Gold & Silver joins
over 170 Canadian companies currently cross-trading on the OTCQX
Best Market," said Jason Paltrowitz,
EVP of Corporate Services at OTC Markets Group. "Trading on OTCQX
will enable Sabina to further expand its shareholder base and
broaden its visibility in the U.S. We look forward to supporting
Sabina Gold & Silver Corp. in
the U.S. market."
"We are excited to have upgraded to OTCQX," said Bruce McLeod, President & CEO of
Sabina. "We believe that the OTCQX
will provide opportunities for Sabina to improve awareness and
liquidity in the United States and
we look forward to start trading on this platform."
Dorsey & Whitney LLP acted as the company's OTCQX
sponsor.
About Sabina Gold & Silver
Corp.
Sabina Gold &
Silver Corp. is well-financed and is an emerging precious metals
company with district scale, advanced, high grade gold assets in
one of the world's newest, politically stable mining jurisdictions:
Nunavut, Canada.
Sabina released a Feasibility Study on its 100% owned Back River
Gold Project which presents a project that has been designed on a
fit-for purpose basis, with the potential to produce ~200,000
ounces a year for ~11 years with a rapid payback of 2.9 years (see
"Technical Report for the Initial Project Feasibility Study on the
Back River Gold Property, Nunavut,
Canada" dated October 28,
2015). The Project received its final Project Certificate on
December 19, 2017. The Project
received its Type A Water License on November 14, 2018 and is now in receipt of all
major authorizations for construction and operations.
In addition to Back River, Sabina also owns a significant silver
royalty on Glencore's Hackett River Project. The silver royalty on
Hackett River's silver production is
comprised of 22.5% of the first 190 million ounces produced and
12.5% of all silver produced thereafter.
About OTC Markets Group Inc.
OTC Markets Group
Inc. (OTCQX: OTCM) operates the OTCQX® Best Market, the OTCQB®
Venture Market and the Pink® Open Market for 10,000 U.S. and global
securities. Through OTC Link® ATS and OTC Link ECN, we
connect a diverse network of broker-dealers that provide liquidity
and execution services. We enable investors to easily trade
through the broker of their choice and empower companies to improve
the quality of information available for investors.
To learn more about how we create better informed and more
efficient markets, visit www.otcmarkets.com.
OTC Link ATS and OTC Link ECN are SEC regulated ATSs, operated
by OTC Link LLC, member FINRA/SIPC.
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Media Contact:
OTC Markets Group Inc., +1 (212)
896-4428, media@otcmarkets.com
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SOURCE OTC Markets Group Inc.