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Skeena Resources Ltd 6-K Analysis & Summary – 2/21/2025

⚠️This is not investment advice.

⚠️ This is an experimental project and this report is for informational purposes only and should not be considered investment advice. Conduct your own thorough research and consult with a qualified financial advisor before making any investment decisions. ⚠️

Skeena Resources Limited
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Filing date:

02/21/2025

TLDR:

Skeena Resources Ltd. is issuing 4,800,000 common shares at $14.70 per share, with underwriters having the option to purchase additional shares, as detailed in the underwriting agreement.

ELI5:

Skeena Resources is selling new shares of its company to raise money. The money will be used to develop their gold and silver mine project.

Accession #:

0001104659-25-016163

Published on

Analyst Summary

  • Skeena Resources Ltd. proposes to issue and sell 4,800,000 common shares at $14.70 per share.
  • Underwriters have an option to purchase up to an additional 720,000 common shares.
  • The offering will take place in all provinces of Canada, except Quebec, and in the United States.
  • The company will pay the Lead Underwriter a cash fee equal to 5% of the aggregate gross proceeds of the Offering.
  • The proceeds raised from the sale of Common Shares will be used for continued advancement of the Company’s Eskay Creek gold-silver project and for general corporate purposes.

⚠️ This is an experimental project and this report is for informational purposes only and should not be considered investment advice. Conduct your own thorough research and consult with a qualified financial advisor before making any investment decisions. ⚠️