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Sabre Resources Issues New Shares for Royalty Termination

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The latest announcement is out from Sabre Resources Ltd ( (AU:SBR) ).

Sabre Resources Ltd, a company listed on the Australian Securities Exchange, has issued 1,500,000 ordinary fully paid shares. This issuance is part of a transaction related to the acquisition and termination of a royalty benefit on the company’s tenement E59/2402. The company has complied with relevant provisions of the Corporations Act, and the shares were issued without disclosure to investors under specific sections of the Act.

More about Sabre Resources Ltd

Average Trading Volume: 89,170

Technical Sentiment Signal: Buy

Current Market Cap: A$2.36M

For a thorough assessment of SBR stock, go to TipRanks’ Stock Analysis page.

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