Skeena Resources Announces C$125M Bought Deal Offering for Eskay Creek Project
Skeena Resources Limited (TSX: SKE, NYSE: SKE) has announced a significant bought deal offering of common shares, expected to close on October 8, 2025. The offering aims to raise approximately C$125,040,000, with an over-allotment option that could increase the total to around C$143,796,000.
The offering, priced at C$24.00 per share, will see 5,210,000 common shares made available in both Canada and the United States. Prospectus supplements will be accessible via SEDAR+ and EDGAR. The underwriters have an option to purchase an additional 781,500 shares.
Skeena, a leading precious metals developer, is focused on advancing the Eskay Creek Gold-Silver Project in British Columbia. The project is anticipated to be one of the world's highest-grade and lowest cost open-pit precious metals mines, with substantial silver by-product production. The company is committed to sustainable mining practices and building positive relationships with Indigenous communities.
The closing of the offering is subject to customary closing conditions and regulatory approvals. Forward-looking statements, including the acceptance by stock exchanges and the exercise of the over-allotment option, are subject to significant risks and uncertainties. The company's corporate head office is located at Suite #2600 - 1133 Melville Street, Vancouver BC V6E 4E5.
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