Skeena Resources Limited announced that on July 14, 2025, it acquired an additional 6,666,667 shares of TDG Gold Corp. The aggregate purchase price for these shares was C$4,000,000, equating to C$0.60 per share. This acquisition was made as a back-end purchaser from sellers involved in a flow-through shares offering by TDG.
Immediately prior to this transaction, Skeena owned and controlled 23,000,000 shares of TDG, representing approximately 12.78% of TDG's issued and outstanding shares. Following this acquisition, Skeena's total ownership in TDG Gold Corp. increased to 29,666,667 shares. This new total represents approximately 10.88% of TDG's issued and outstanding shares after the broader transactions.
Skeena stated that the acquisition of these shares was for investment purposes. This move further solidifies Skeena's strategic interest in TDG Gold Corp. and its projects. The investment demonstrates Skeena's commitment to its regional presence and potential future collaborations in the Golden Triangle.
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