Feb 22 (Reuters) - Sabina Gold & Silver Corp SBB.TO :
* SABINA GOLD & SILVER ANNOUNCES 2019 BUDGET TO FOCUS ON DE-RISKING ACTIVITIES AND EXPLORATION ON THE BACK RIVER GOLD PROJECT IN NUNAVUT
* SABINA GOLD & SILVER CORP - 2019 BUDGET TOTALS APPROXIMATELY $41 MILLION IN EXPENDITURES
* SABINA GOLD & SILVER - HAS ADVANCED NEGOTIATIONS FOR DEBT PACKAGE FOR THE PROJECT,BELIEVES THAT DEBT COMPONENT COULD BE COMPLETED ON "FAVOURABLE TERMS"
* SABINA GOLD & SILVER CORP - COMPANY HAD APPROXIMATELY $50 MILLION IN CASH, CASH EQUIVALENTS AND SHORT-TERM INVESTMENTS AS AT DECEMBER 31, 2018