IPO - SEABRIDGE GOLD INC

Form Type: SUPPL

Filing Date: 2025-02-14

Corporate Action: Ipo

Type: New

Accession Number: 000121390025013718

Filing Summary: Seabridge Gold Inc. has filed a prospectus supplement dated February 13, 2025, relating to the offering of common shares. This offering is part of a shelf registration statement (File No. 333-283616) that allows the Company to distribute common shares in the U.S. The offering price per share is currently undetermined, being negotiated by the Co-Lead Underwriters, RBC Dominion Securities Inc. and Cantor Fitzgerald Canada Corporation. The funds from this offering will support the Company's KSM gold-copper project development and general corporate activities. Moreover, the Company has applied for the shares to be listed on both the Toronto Stock Exchange (symbol: SEA) and the New York Stock Exchange (symbol: SA). The last recorded trading prices before this supplement were C$18.76 on the TSX and US$13.12 on the NYSE. The Underwriters will receive a commission of 4% on the gross proceeds from the offering, and investors are cautioned about the risks involved with investing in the offered shares.

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Form Type: SUPPL

Filing Date: 2025-02-14

Corporate Action: Ipo

Type: New

Accession Number: 000121390025014411

Filing Summary: Seabridge Gold Inc. filed a prospectus supplement to the short form base shelf prospectus dated January 17, 2025, announcing the Offering of 6,540,000 common shares at a price of US$12.25 per share, totaling US$80,115,000. The Offering is co-led by RBC Dominion Securities Inc. and Cantor Fitzgerald Canada Corporation, along with other underwriters. The proceeds from the offering will be utilized for costs associated with the KSM project, including payments to BC Hydro for the KSM switching station, field data collection, and general corporate purposes. The common shares are already listed on the TSX and NYSE, and the Company has applied to list the new shares offered. A detailed risk factors section accompanies the prospectus regarding the investment's risks, including the company's financial history and operational activities.

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Form Type: SUPPL

Filing Date: 2025-01-27

Corporate Action: Ipo

Type: New

Accession Number: 000121390025006690

Filing Summary: Seabridge Gold Inc. has filed a Prospectus Supplement to its Short Form Base Shelf Prospectus dated January 17, 2025, to qualify the distribution of common shares with an aggregate offering price of up to US$100,000,000. This new issue will involve a Controlled Equity Offering by Cantor Fitzgerald & Co. and RBC Capital Markets, LLC as agents, allowing for the sale of Offered Shares at market prices. The company aims to raise funds through at-the-market distributions, exclusively in the United States, with the possibility of terminating the offering after raising only a small portion of the targeted amount. The offering will not involve a minimum funding requirement, and the agents will receive a commission of 2.0% on gross sales from the Offering. The document also outlines risks related to the ownership and acquisition of Offered Shares, and potential regulatory and market dynamics that could affect the offering process.

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