Sabre gold announces update on closing of the transaction with minera alamos

Toronto, ontario--(newsfile corp. - january 31, 2025) - sabre gold mines corp. (tsx: sgld) (otcqb: sgldf) ("sabre gold" or the "company") is pleased to provide an update to its press release of january 14th, 2025 concerning the anticipated closing of its previously announced plan of arrangement pursuant to which minera alamos inc. (tsxv: mai) ("minera alamos") will acquire all the issued and outstanding shares of the sabre at an exchange rate of 0.693 common shares in the capital of minera alamos for each common share (a "share") in the capital of sabre (the "arrangement"). the plan of arrangement was expected to become effective on or about january 27, 2025, subject to, among other things, sabre obtaining a final order from the ontario superior court of justice (commercial list) in respect of the arrangement and the satisfaction or waiver of certain other customary closing conditions.
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