Skeena Resources Secures C$125M for Eskay Creek Gold-Silver Project
Skeena Resources Limited, a leading precious metals developer, has secured a significant investment for its Eskay Creek Gold-Silver Project. The company has entered into an agreement with underwriters for a bought deal offering of 5,210,000 common shares at C$24.00 per share, raising approximately C$125 million.
The offering, set to close on or about October 8, 2025, is led by a syndicate group of underwriters including Cormark Securities Inc., Canaccord Genuity Corp., and RBC Capital Markets. The common shares will be offered in Canada and the United States, with prospectus supplements accessible on SEDAR+ and EDGAR.
Proceeds from the offering will primarily fund the continued advancement of the Eskay Creek project. Located in British Columbia, Canada, this project is expected to be one of the highest-grade and lowest cost open-pit precious metals mines globally, with substantial silver by-product production. The company is committed to sustainable mining practices and partners with the Tahltan Nation to maximize the project's potential. The offering includes an over-allotment option of up to 15% to cover over-allotments.
Skeena Resources Limited's latest funding round demonstrates strong investor confidence in the Eskay Creek project. The raised capital will accelerate the project's development, further solidifying the company's position as a leading precious metals developer.
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