Sabre Resources Limited (ASX:SBR) entered into agreement to acquire 80% stake in Cave Hill Nickel Project from James Del Piano for AUD 2.4 million on December 13, 2021. Sabre Resources Limited will issue 342 million shares as a part of consideration including a deposit of 35 million SBR shares on signing the Chalco Sale Agreement and remaining 307 million SBR shares to be issued subject to shareholder approval at the Company’s upcoming Annual General Meeting. Upon approval at the AGM a payment of AUD 0.085 million will be made to James Del Piano. In addition, a further 125 million shares may be issued to the Vendor on achievement of certain performance milestone