Sabre Gold Mines Corp. announced that its partner, Rackla Metals ("Rackla"), has exercised its option to acquire a 100% interest, subject to a 2.5% NSR royalty, in the SER property. Pursuant to the SER Option Agreement dated September 29, 2022, Rackla has completed the following: I. paid $50,000 cash to Sabre upon signing of the agreement., II.

within 12 months of signing, paid an additional $300,000 final payment in a combination of 655,021 common shares of Rackla and $150,000 cash to Sabre. The shares issued to the Company are subject to a resale restriction which expires on February 17, 2024.