Skeena Resources Limited announced the closing of its previously announced bought deal offering, raising gross proceeds of C$143,796,000. This financing included the sale of 5,991,500 common shares at a price of C$24.00 per share. The underwriters fully exercised their over-allotment option to purchase an additional 781,500 common shares at the offering price.
This successful closing significantly increased the capital raised from the initial C$125 million target announced on October 1, 2025. The full exercise of the over-allotment option demonstrates strong market demand for Skeena's shares. This substantial capital injection further strengthens the company's financial position.
The proceeds from this offering will be used for the continued advancement of the company’s Eskay Creek gold-silver project and for general corporate purposes. This funding is crucial for progressing the project through its development phases. It ensures the company has the necessary resources to meet its operational and permitting milestones.
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