Skeena Resources Files Final Prospectus for C$70.5 Million Financing

Skeena Resources Limited, a company engaged in precious metals development, has filed a final prospectus supplement with Canadian and U.S. regulators. This filing pertains to its bought deal offering valued at approximately C$70.5 million. The offering involves 4,800,000 common shares priced at C$14.70 each, led by BMO Capital Markets and a syndicate of underwriters.

The underwriters hold an option to purchase additional shares, possibly increasing proceeds to approximately C$78 million. The shares are also available as flow-through shares under Canadian tax guidelines. The offering is expected to conclude around February 26, 2025, contingent upon obtaining necessary regulatory approvals.

Skeena's shares will be available through the company's prospectus supplement, accessible via SEDAR+ in Canada and on EDGAR in the U.S. This initiative is part of Skeena's development strategy for its Eskay Creek Gold-Silver Project.