SABRE GOLD ANNOUNCES FINANCIAL RESTRUCTURING AND CHANGE OF LEADERSHIP TO MOVE PERMITTED COPPERSTONE GOLD PROJECT IN ARIZONA TOWARD PRODUCTION

Vancouver, Oct. 24, 2022 (GLOBE NEWSWIRE) -- Sabre Gold Mines Corp. (TSX: SGLD, OTCQB: SGLDF) (“Sabre Gold” or the “Company”) announced today the appointment of Mr. Andrew Elinesky as Chief Executive Officer/President and Director of Sabre Gold. Mr. Elinesky succeeds Giulio Bonifacio, who has retired from his role as Chief Executive Officer/President and Director effective October 23, 2022 to dedicate more time to his family and pursue other business interests. The Company has made several coordinated moves to significantly enhance its overall ability to attract construction funding to return its fully-permitted Copperstone gold project towards production.

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