Core Viewpoint - Skeena Resources Limited has announced a bought deal offering of 5,210,000 common shares at a price of C$24.00 per share, aiming for gross proceeds of approximately C$125,040,000 [1][2]. Group 1: Offering Details - The underwriting agreement is led by BMO Capital Markets, and an over-allotment option allows underwriters to purchase an additional 781,500 shares, potentially increasing total gross proceeds to approximately C$143,796,000 if fully exercised [2]. - The offering will be conducted through a prospectus supplement in Canada (excluding Quebec) and a U.S. prospectus supplement, with the expected closing date around October 8, 2025, pending regulatory approvals [3]. Group 2: Company Overview - Skeena is focused on advancing the Eskay Creek Gold-Silver Project, which is expected to be one of the highest-grade and lowest-cost open-pit precious metals mines globally, with significant silver by-product production [6]. - The company emphasizes sustainable mining practices and aims to build positive relationships with Indigenous communities while delivering long-term value [6].
Skeena Resources Limited Announces the Filing of the Prospectus Supplement in Respect of Its Approximately C$125 Million Bought Deal Financing