The Prospector News

Seabridge Gold Reports on Exercise of Private Placee Option for Proceeds of $3.4 Million

You have opened a direct link to the current edition PDF

Open PDF Close
Uncategorized

Share this news article

Seabridge Gold Reports on Exercise of Private Placee Option for Proceeds of $3.4 Million

 

 

 

 

 

Seabridge Gold Inc. (TSX: SEA) (NYSE: SA) announced today the Company has received notice from the subscriber that the 200,000 share option issued to the subscriber in connection with the $17.0 million private placement financing announced on July 23, 2019 (closed on August 2, 2019) will be exercised for additional proceeds to Seabridge of $3.4 million. No commissions were payable on the entirety of the transaction. The proceeds from the financing will be used to fund general working capital requirements.

 

Seabridge Gold holds a 100% interest in several North American gold resource projects. The Company’s principal assets are the KSM and Iskut properties located near Stewart, British Columbia, Canada and the Courageous Lake gold project located in Canada’s Northwest Territories.

 

Posted August 22, 2019

Share this news article

MORE or "UNCATEGORIZED"


Azimut Drills 24.0 g/t Au over 18 m, including 38.7 g/t Au over 9 m, in the expanding Patwon Gold Zone, Elmer Property, Quebec

Azimut Exploration Inc. (TSX-V: AZM) is pleased to report that i... READ MORE

June 22, 2021

Opus One Obtains 6.02 g/t Gold Over 2.5 m and Brings to Light Its Gold Discovery Near Matagami

Opus One Gold Corp. Inc. (TSX-V:OOR) a mining exploration compan... READ MORE

June 22, 2021

Western Sierra Resource Corporation Enters Talks to Acquire Majority Stake in a Gold Mining Operation With Enhanced Recovery Net Income Projected at $3.2 Billion

WESTERN SIERRA RESOURCE CORPORATION (OTC: WSRC) is pleased to a... READ MORE

June 22, 2021

Maritime Resources Traces Orion North Zone Over 550 Metres - Intersects 12.43 gpt Gold and 2.15 gpt Silver Over 1.20 Metres, Including 50.60 gpt Gold and 7.90 gpt Silver Over 0.20 Metres

Maritime Resources Corp. (TSX-V: MAE) is pleased to announce dril... READ MORE

June 22, 2021

Labrador Gold Intercepts 50.38 g/t Over 1.85 Metres Including 160.42 g/t Over 0.55 Metres at Big Vein, Kingsway Project, Newfoundland

Labrador Gold Corp. (TSX-V:LAB) (OTCQX:NKOSF) (FNR: 2N6) is pleas... READ MORE

June 22, 2021

Copyright 2021 The Prospector News