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Skeena Resources Secures C$70.5 Million Financing for Eskay Creek Project

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Skeena Resources Secures C$70.5 Million Financing for Eskay Creek Project

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The latest announcement is out from Skeena Resources ( (TSE:SKE) ).

Skeena Resources Limited has announced a C$70.5 million bought deal financing agreement with a syndicate of underwriters led by BMO Capital Markets. This financing will support the continued development of Skeena’s Eskay Creek project and general corporate activities. The offering includes an option for flow-through shares, potentially increasing the total proceeds to approximately C$78 million, which would be used for eligible Canadian development expenses.

More about Skeena Resources

Skeena Resources Limited, operating under the name Skeena Gold & Silver, is a company engaged in the mining industry, focusing primarily on gold and silver. The company is working on the advancement of its Eskay Creek gold-silver project, which is a significant focus within its operations.

YTD Price Performance: 13.52%

Average Trading Volume: 260,192

Technical Sentiment Consensus Rating: Sell

Current Market Cap: C$1.65B

See more data about SKE stock on TipRanks’ Stock Analysis page.

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