Seabridge Gold Inc. announced on January 24, 2025, that it has entered into a Sales Agreement to renew its At-The-Market (ATM) offering facility. This agreement allows the company to sell common shares for aggregate gross proceeds of up to US$100 million.
The ATM facility, established with Cantor Fitzgerald & Co. and RBC Capital Markets, LLC, will enable Seabridge to issue shares at its discretion on the New York Stock Exchange or other U.S. trading markets. This program is set to remain in effect until Seabridge's current US$750 million Shelf Registration Statement expires in February 2027.
Net proceeds from any sales under this ATM facility are intended to advance non-flow through eligible exploration and development of the company's projects, support potential future acquisitions, and provide for working capital and general corporate purposes.
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