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Sabre Nets $1.85M Upfront Selling Ninghan Gold Project to Capricorn Metals
2:50am on Monday 2nd of June, 2025 AEST
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Mining
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Sabre Nets $1.85M Upfront Selling Ninghan Gold Project to Capricorn Metals
2:50am on Monday 2nd of June, 2025 AEST
Key Points
Sale of Ninghan Gold Project to Capricorn Metals completed
Sabre received $1.5 million in Capricorn shares plus $100,000 cash deposit
Additional $250,000 payable upon drilling commencement or by May 2026
Sabre retains 1-1.5% net smelter royalties on project tenements
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