Skeena Resources Limited closes C$21.6M flow-through private placement

On April 13, 2021, Skeena Resources Limited closed the final tranche of the non-brokered private placement offering announced on February 24, 2021. In total, Skeena Resources has raised gross proceeds of approximately C$21.6 million from the sale of 4,789,592 flow-through shares at a price of C$4.50 per share. The net proceeds will be used to fund exploration activities on the Company’s projects in the Golden Triangle of British Columbia.

Skeena Resources is a Canadian mining exploration company focused on revitalizing the past-producing Eskay Creek gold-silver mine located in Tahltan Territory in the Golden Triangle of northwest British Columbia, Canada.

McCarthy Tétrault LLP advised Skeena Resources with a team led by Robin Mahood that included Daniel Bornstein and Ainslie Hurd.