Skeena Resources (TSE:SKE) has released an update.
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Skeena Resources Limited has announced a major financial boost by securing a US$750 million financing package from Orion Resource Partners for its Eskay Creek Gold-Silver Project. The deal includes equity investment, a senior secured loan, a gold stream, and a cost over-run facility, aimed at advancing the project toward production by the first half of 2027. This strategic move provides Skeena with ample capital, significantly exceeding the estimated capital expenditures required for the project, and positions it strongly with no precious metals hedging or concentrate off-take obligations.
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