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Sabre Gold Faces Financial Uncertainty Amid Victoria Receivership
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Sabre Gold Faces Financial Uncertainty Amid Victoria Receivership

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Sabre Gold Mines Corp (TSE:SGLD) has released an update.

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Sabre Gold Mines Corp. has announced potential financial impacts due to the receivership of Victoria Gold Corp., which owes Sabre Gold $3 million in upcoming payments that are now unlikely to be received. The owed funds stem from the sale of a subsidiary and its assets in 2023. While the future of these payments is uncertain, Sabre Gold is exploring legal options to recover the debts.

For further insights into TSE:SGLD stock, check out TipRanks’ Stock Analysis page.

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