Seabridge Gold(US:SA)2025-03-28 18:42Legal and Financial Matters - Seabridge Gold's appeal regarding $15.8 million in disallowed exploration expenditures under the BC METC program was substantially successful[1] - The court's decision allows for approximately $3.1 million in refunds (plus interest) under the BC METC program[1] - The ruling confirmed that expenses assisting in determining the economic viability of a mineral resource qualify under the BC METC program[2] - The CRA had previously reduced the amounts renounced to investors by approximately $19.1 million, claiming the expenses were not qualified[3] - Seabridge has deposited $9.4 million with CRA on behalf of flow-through share investors pending the resolution of the legal matters[3] - The decision is expected to facilitate the return of further funds related to flow-through share reassessments[4] Project Interests - Seabridge holds a 100% interest in several North American gold projects, including the KSM and Iskut projects in British Columbia[5]