Seabridge Gold Announces Agreement Renewing At-The-Market Offering

Equity Offering and Sales Agreement - Seabridge Gold Inc has entered into a Controlled Equity OfferingSM Sales Agreement with Cantor Fitzgerald & Co and RBC Capital Markets LLC allowing the company to sell common shares resulting in aggregate gross proceeds of up to US$100 million [1] - The shares will be sold through at-the-market distributions on the NYSE or other US trading markets with no sales in Canada [1] - The ATM Facility program can be in effect until Seabridge's US$750 million Shelf Registration Statement expires in February 2027 [2] Use of Proceeds - Net proceeds from the ATM Facility may be used for exploration and advancement of the company's projects potential future acquisitions working capital and general corporate purposes [2] Company Background - Seabridge Gold holds a 100% interest in several North American gold projects including the KSM project Iskut project Courageous Lake project Snowstorm project and 3 Aces project [5] - The company's principal asset the KSM project is located in Northwest British Columbia Canada's "Golden Triangle" [5] Offering Details - The offering will be made through a prospectus supplement to the company's existing Canadian short form base shelf prospectus and US registration statement on Form F-10 [3] - The Prospectus Supplement will be filed with Securities Commissions in Canada and the SEC [3] - The company has had similar ATM facilities in place for many years providing flexibility to raise funds efficiently [3]