Sabre(SABR)

Search documents
Sabre Gold Completes the Repurchase of Royalty on the Copperstone Gold Project
Newsfile· 2024-11-11 12:15
Toronto, Ontario--(Newsfile Corp. - November 11, 2024) - Sabre Gold Mines Corp. (TSX: SGLD) (OTCQB: SGLDF) ("Sabre Gold" or the "Company") is pleased to announce that it has successfully completed the previously announced repurchase of the 1.5% net smelter returns royalty ("NSR") on the Copperstone Gold project ("Copperstone") held by Trans Oceanic Minerals Company Ltd. ("TOMC") for a total consideration of US$1.25 million. As part of the agreement, Sabre Gold satisfied the purchase price through the trans ...
Sabre Corporation Announces Exchange Offers by Sabre GLBL Inc. for Certain Senior Secured Debt Securities
Prnewswire· 2024-11-08 01:26
SOUTHLAKE, Texas, Nov. 7, 2024 /PRNewswire/ -- Sabre Corporation ("Sabre") today announced that Sabre GLBL Inc. ("Sabre GLBL"), a wholly-owned subsidiary of Sabre, has commenced exchange offers (each, an "Exchange Offer" and together, the "Exchange Offers") to exchange certain of its outstanding 11.250% Senior Secured Notes due 2027 (the "December 2027 Notes") and 8.625% Senior Secured Notes due 2027 (the "June 2027 Notes" and, together with the December 2027 Notes, the "Existing Notes" and each of them a " ...
Sabre and BookLogic partner to advance retailing and distribution strategies across Turkey and the Middle East
Prnewswire· 2024-11-07 17:41
Collaboration brings SynXis® platform and global GDS/IDS connectivity and alternative distribution channels for up to 1,200 independent hotels and resorts globally with a focus on driving growth in the United Arab Emirates, Turkey, Qatar, and Saudi ArabiaSOUTHLAKE, Texas and ISTANBUL, Nov. 7, 2024 /PRNewswire/ -- Sabre Hospitality, a division of Sabre Corporation (NASDAQ: SABR), a leading software and technology provider that powers the global travel industry, today announced a new partnership with BookLogi ...
Air India advances partnership with Sabre with launch of NDC content
Prnewswire· 2024-11-07 13:30
Sabre-connected agencies can now book NDC content from India's flagship carrierSOUTHLAKE, Texas and SINGAPORE and NEW DELHI, India, Nov. 7, 2024 /PRNewswire/ -- Sabre Corporation (NASDAQ: SABR), a leading software and technology provider that powers the global travel industry, today announced a major milestone in air travel distribution for India, with the launch of New Distribution Capability (NDC) content for Air India, the country's flagship airline.As part of Air India's strategic modernization efforts, ...
Sabre Q3 Loss Wider Than Expected: Will Weak Results Drag Stock Down?
ZACKS· 2024-11-01 13:31
Sabre Corporation (SABR) reported third-quarter 2024 adjusted loss of 4 cents per share, wider than the Zacks Consensus Estimate of a loss of 2 cents. However, the figure was narrower than the year-ago quarter’s loss of 6 cents. The year-over-year improvement in the bottom line was due to the benefits of increased revenues and cost-improvement implementations.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.Sabre reported revenues of $764.7 million, which missed the consensus mark of $ ...
Sabre(SABR) - 2024 Q3 - Quarterly Report
2024-10-31 12:10
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 or ☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 Sabre Corporation (Exact name of registrant as specified in its charter) Delaware 001-36422 20-8647322 (State or other jurisdiction of incorporation or organization)(Commission File Number) (I.R.S. ...
Minera Alamos Announces Acquisition of Sabre Gold
Newsfile· 2024-10-28 14:43
Core Viewpoint - Minera Alamos Inc. has announced the acquisition of Sabre Gold Mines Corp., enhancing its position as a growth-oriented gold producer by adding the Copperstone project, which is expected to provide significant near-term production potential [2][3]. Transaction Highlights - The acquisition creates a diversified North American gold producer platform, adding 150,000 ounces of annual gold production potential from the Copperstone project in Arizona, alongside existing operations in Mexico [3][6]. - The Copperstone mine, previously producing 514,000 ounces of gold from 1987 to 1993, has significant additional resources and is at an advanced stage of permitting for a near-term restart [3][17]. - The transaction will eliminate approximately $9.4 million of existing debt at a 15% discount to face value, supported by Sabre's creditors [3][10]. Benefits to Minera Alamos Shareholders - The acquisition of the low capital intensity Copperstone project complements Minera Alamos' existing late-stage development assets and the Santana gold mine [5][10]. - The current Preliminary Economic Assessment (PEA) for Copperstone envisions a low capex start-up capable of producing over 40,000 ounces of gold annually at an All-In Sustaining Cost (AISC) of $1,290 per ounce [6][22]. - The acquisition cost is approximately $43 per ounce based on 300,000 ounces of Measured and Indicated resources, leading to a 35% increase in Minera Alamos' total gold resource inventory to nearly 1.9 million ounces [7][10]. Benefits to Sabre Gold Shareholders - Sabre Gold shareholders will receive a significant premium and maintain exposure to the Copperstone Mine through ownership in the combined company, while also gaining access to Minera Alamos' producing assets [10][12]. - The merger diversifies Sabre's exposure from a single asset to a portfolio with multiple production and late-stage projects, enhancing trading liquidity and capital market presence [10][12]. Transaction Details - The transaction involves the exchange of all Sabre Gold shares for 0.693 Minera Alamos shares, resulting in the issuance of approximately 76.5 million Minera Alamos shares [11][12]. - Upon completion, existing Minera Alamos and Sabre Gold shareholders will own approximately 86% and 14% of the combined company, respectively [12][30]. - The transaction is subject to customary conditions, including shareholder and court approvals, with a special meeting of Sabre Gold shareholders expected in January 2025 [13][14]. Copperstone Project Overview - The Copperstone project covers approximately 3,700 hectares in Arizona and has a history of production with significant existing infrastructure [16][17]. - The 2023 PEA outlines a revised start-up plan for the Copperstone project, including resource estimates and alternative mining methods [18][22]. - The project benefits from existing site infrastructure, which will reduce upfront construction costs and initial capital per payable gold ounce [19][20].
Sabre Expands Global Lodging Content with New Agreement to Add Premier Inn Properties
Prnewswire· 2024-10-24 12:30
Over 900 Premier Inn Hotels in the UK, Ireland, and Germany Now Available through Sabre's Content Services for Lodging PlatformSOUTHLAKE, Texas and LONDON, Oct. 24, 2024 /PRNewswire/ -- Sabre Corporation (NASDAQ: SABR), a leading software and technology provider that powers the global travel industry, has announced a new distribution agreement with Premier Inn, the UK's largest hotel brand, ensuring travel buyers worldwide have access to Premier Inn's expansive lodging content.With over 900 properties and m ...
World Travel, Inc. selects Sabre as its primary GDS partner
Prnewswire· 2024-10-22 12:30
World Travel's commitment to superior customer service bolstered with Sabre's robust NDC infrastructure within a multi-source content platform SOUTHLAKE, Texas, Oct. 22, 2024 /PRNewswire/ -- Sabre Corporation (NASDAQ: SABR), a leading software and technology provider powering the global travel industry, today announced a new multi-year distribution agreement with World Travel, Inc., one of the top 10 largest Travel Management Companies (TMC) in the United States.The new agreement will allow thousands of Wor ...
Sabre announces upcoming webcast of its third quarter 2024 earnings conference call
Prnewswire· 2024-10-17 12:30
SOUTHLAKE, Texas, Oct. 17, 2024 /PRNewswire/ -- Sabre Corporation ("Sabre") (NASDAQ: SABR) will host a live webcast of its third quarter 2024 earnings conference call on October 31, 2024 at 9:00 a.m. ET. Management will discuss the financial results, as well as comment on the forward outlook. The webcast is expected to last approximately one hour and will be accessible by visiting the Investor Relations section of Sabre's website at investors.sabre.com. A replay of the event will be available on the website ...