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

Is Gold’s Bull Market About to Hit Junior Stocks? | Ken Armstrong – Westhaven Gold

Surge Battery Metals: The Nevada North Lithium PEA

Silver @ $36 & We’re Still 200M Oz Short | Paul Andre Huet – Americas Gold and Silver

Recommended

Goliath Resources Closes Out Funding Round With Total Gross Proceeds Of $27.1 Million

Silver47 Kickstarts 4,000 Metre Drill Campaign At Red Mountain Project

Related News

$3000 Gold: Why Major Miners Are Racing Back to Japan | John Proust – Japan Gold

In this interview, John Proust, the Chairman and CEO of Japan Gold Corp. (TSXV: JG),...

Friday, February 14, 2025, 02:50:00 PM

Pure Gold Mining Completes First Gold Pour At Red Lake Mine

Pure Gold Mining (TSXV: PGM) has officially made the transition from explorer to producer, this...

Wednesday, December 30, 2020, 07:58:19 AM

Tudor Gold Doubles Drill Program At Treaty Creek To 40,000 Meters, Releases Further Assays

Tudor Gold Corp (TSXV: TUD) this morning released further assay results from its Treaty Creek...

Monday, July 27, 2020, 09:21:33 AM

$3300 GOLD: Every $100 Rise in Gold Means Pure Profit |  Ross Beaty – Equinox Gold

In this interview, Ross Beaty, Chairman of Equinox Gold (TSX: EQX), examines the current gold...

Monday, June 2, 2025, 01:32:00 PM

Freeman Gold Sees Bought Deal Upsized to $9.0 Million

Freeman Gold Corp (CSE: FMAN) has upsized its bought deal financing announced this morning from...

Wednesday, June 24, 2020, 12:06:39 PM