Skeena Announces Strategic Investment From Franco-Nevada
12/13/21, 7:30 AM
Location
(TSX:SKE)(NYSE:SKE) ("Skeena" or the "Company") is pleased to announce a structured non-brokered private placement offering (the "Offering") of 1,471,739 flow-through common shares at a price of C$21.00 per flow-through common share for aggregate gross proceeds of approximately C$30.9 million. Franco-Nevada Corporation ("Franco-Nevada") will be the end purchaser of the common shares issued in connection with the Offering.
Company Info
Location
vancouver, washington, united states
Additional Info
Skeena Resources Limited is a Canadian mining exploration and development 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. The Company released a Prefeasibility Study for Eskay Creek in July 2021 which highlights an open-pit average grade of 4.57 g/t AuEq, an after-tax NPV5% of C$1.4B, 56% IRR, and a 1.4-year payback at US$1,550/oz Au. Skeena is currently completing both infill and exploration drilling to advance Eskay Creek to full Feasibility Study in Q1 2022.
On behalf of the Board of Directors of Skeena Resources Limited,
Walter Coles Jr.President & CEO