Skeena Resources Announces Fully Subscribed $20 Million Flow Through Financing

Skeena Resources (TSX: SKE) this morning announced that it will be conducting a flow-through financing. Already full subscribed, the financing will see the company raise gross proceeds of $20.0 million.

The financing will see the sale of 4.4 million flow through shares at a price of $4.50 per share. No warrant is attached to the offering.

Proceeds from the financing are to be used for exploration expenses on the firms projects located within the Golden Triangle of BC, which consists largely of the Eskay Creek project. The offering is currently slated to close March 24, 2021.

Skeena Resources last traded at $3.71 on the TSX.


Information for this briefing was found via Sedar and Skeena Resources. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

When 4% of Global Copper Disappears Overnight | David Gower – Emerita Resources

Mining M&A: Gold X2 Acquires Kesselrun Resources

They Said Oil Was Dead. They Were Wrong. | Michael Judson – Record Resources

Recommended

First Majestic Posts Record Quarterly Silver Production In Q3

Nord Precious Metals Produces High Grade Silver Concentrate From Tailings

Related News

Freeman Gold Corp Looking For A Winner In Idaho

Lodge Resources (CSE: LDG) recently changed its name to Freeman Gold Corp (CSE: FMAN) on...

Sunday, May 24, 2020, 11:33:23 AM

Skeena Resources Announces Flow Through Financing Hours After Closing Financing Package With Franco-Nevada

Skeena Resources (TSX: SKE) is swallowing up whatever capital it can get its hands on....

Tuesday, December 19, 2023, 08:38:15 AM

Search Interest For Gold Soars 64% in One Week as Recession Fears Mount

Google searches for “buy gold” have surged by nearly 64% in just one week. This...

Wednesday, August 7, 2024, 11:36:00 AM

Wesdome Sells Moss Lake Property To Goldshore Resources For $57 Million

Wesdome Mines (TSX: WDO) has elected to monetize its Moss Lake Project located in Ontario....

Tuesday, January 26, 2021, 08:59:26 AM

Texas Lawmaker Files Bills for Gold, Silver-Backed Money

A Texas legislator has filed two bills to establish a state-sanctioned currency backed by precious...

Monday, November 25, 2024, 07:30:29 AM