6 July 2015
VANCOUVER -- Sabina Gold & Silver Corp (the "Company") (SBB -- TSX) announces that it has arranged a non-brokered private placement (the "Financing') pursuant to which it will sell up to approximately 2.7 million flow through common shares (the "Flow-Through Common Shares") at a price of $0.50 to raise gross proceeds of approximately $1.35 million. The proceeds from the sale of the Flow-Through Common Shares will be used to explore and advance the Company's Back River Gold Project ("Back River") or (the "Project").