Dec 11 (Reuters) - Sabina Gold & Silver Corp SBB.TO :
* SABINA GOLD & SILVER ANNOUNCES C$20.0 MILLION BOUGHT DEAL FINANCING
* SABINA GOLD & SILVER CORP - UNDERWRITERS TO BUY ON BOUGHT DEAL BASIS 16.7 MILLION COMMON SHARES
* SABINA GOLD & SILVER - NET PROCEEDS OF OFFERING TO BE USED TO ADVANCE DEVELOPMENT OF BACK RIVER GOLD PROJECT