MDF Global MDF Global
Boliden grows global zinc footprint with $1.8 billion Nexa deal•NevGold pushes beyond Limo Butte resource•Heritage drills six-metre gold zone at Melba•Salazar discovers ‘high-grade’ tungsten at Pijili Project•Aguia aligned with newly approved government-backed fertiliser incentive•US Department of Energy injects $13.9 million into critical minerals•Queensland legislation backs critical minerals exploration•DevEx follows Nabarlek-style clues at KP•Alurion drills towards Amargosa Prefeasibility Study•Moonlight hits broad copper zones at Peak Downs•Legal battle heats up for major iron ore miner Fortescue•Lithium Universe recovers gallium and platinum from e-waste•Rokeby reports maiden tailings resource at Omeo•Critical Resources links up with CSIRO for battery technology•Barkly advances 10,000m drilling at flagship project•Antilles Gold signs binding deal for Cuban sanction relief•Renegade expands loan facility to $2 million•US Army’s Janus Program puts spotlight on uranium supply•Mithril extends Copalquin silver-gold corridor to 550m•Felix Gold produces antimony metal from pilot plant Boliden grows global zinc footprint with $1.8 billion Nexa deal•NevGold pushes beyond Limo Butte resource•Heritage drills six-metre gold zone at Melba•Salazar discovers ‘high-grade’ tungsten at Pijili Project•Aguia aligned with newly approved government-backed fertiliser incentive•US Department of Energy injects $13.9 million into critical minerals•Queensland legislation backs critical minerals exploration•DevEx follows Nabarlek-style clues at KP•Alurion drills towards Amargosa Prefeasibility Study•Moonlight hits broad copper zones at Peak Downs•Legal battle heats up for major iron ore miner Fortescue•Lithium Universe recovers gallium and platinum from e-waste•Rokeby reports maiden tailings resource at Omeo•Critical Resources links up with CSIRO for battery technology•Barkly advances 10,000m drilling at flagship project•Antilles Gold signs binding deal for Cuban sanction relief•Renegade expands loan facility to $2 million•US Army’s Janus Program puts spotlight on uranium supply•Mithril extends Copalquin silver-gold corridor to 550m•Felix Gold produces antimony metal from pilot plant
  • Home
  • Deals
  • Sabre to raise $700,000 via additional placement
WRITTEN BY Aaliyah Rogan

Sabre to raise $700,000 via additional placement

Sabre Resources (ASX:SBR) is set to raise an additional $700,000 via a placement to a ‘large’ investor client of Peak Asset Management, a ‘substantial’ early stage investor in Latin Resources (ASX:LRS). 

The placement is in addition to a $2.6 million placement announced on 30 October 2023. 

The current placement comprises just over 17 million fully paid ordinary shares of Sabre at $0.041 per share with about 20.573 million free attaching SBROB listed options. 

Sabre, which has a market capitalisation of $14.64 million, says these funds will be used to fast-track lithium exploration at its lithium targets near Azure Minerals’ (ASX:AZS) Andover discovery in an emerging ‘world-class’ lithium province. 

Sabre Resources is an explorer and mining developer focused on precious, battery, and critical minerals.

Write to Aaliyah Rogan at Mining.com.au 

Images: Sabre Resources
Add to Watch List:
Author Image
Written By Aaliyah Rogan
Now based in London as Mining.com.au’s Europe Correspondent, Aaliyah brings years of dedicated reporting mining news. Relocating from New Zealand to Australia before making the leap to the UK, she's built a reputation for sharp storytelling and a genuine passion for the resources industry. When she’s not chasing the latest developments across Europe, Aaliyah can be found exploring new cities, enjoying good food with friends, or unwinding by the water.

Related Articles

Mount Isa City COuncil M&A Monday

M&A Monday: Hammering down the Mount Isa champion

This M&A Monday, the Australian Securities Exchange is waiting to see if Larvotto Resources (ASX:LRV) will make a counteroffer to...
10 August 2026
sabre resources

Sabre secures drilling contractor for Tennant Creek targets

Sabre Resources (ASX:SBR) has finalised its contractor for a 6,000m aircore and reverse circulation drilling program at its Kurundi North...
25 June 2026

Sabre wraps up Ninghan Project sale

Sabre Resources (ASX:SBR) has completed the asset sale and purchase agreement with Capricorn Metals (ASX:CMM) for the Ninghan Gold Project...
12 May 2025

Capricorn Metals adds more to Mt Gibson’s tenure

Capricorn Metals (ASX:CMM) has entered into a binding agreement with Sabre Resources (ASX:SBR) to acquire the Ninghan Gold Project, adding...
24 April 2025