IPO - Skeena Resources Ltd

Form Type: SUPPL

Filing Date: 2025-02-21

Corporate Action: Ipo

Type: New

Accession Number: 000110465925015833

Filing Summary: Skeena Resources Ltd is conducting an initial public offering (IPO) of 4,800,000 common shares at a price of $14.70 per share, aiming to raise gross proceeds of $70,560,000. The offering may increase to $77,762,900 if the Underwriters elect to issue up to 2,230,000 flow-through shares at $17.93 per share. The shares will be offered in the United States and Canada, excluding Quebec. The underwriting agreement has been established with various financial institutions acting as underwriters. The underwriters have the option to purchase an additional 15% of the offering after closing, which could impact the total proceeds significantly. The company aims for the shares to be listed on the Toronto Stock Exchange (TSX) and the New York Stock Exchange (NYSE). The offering is subject to receiving necessary approvals from these exchanges.

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Form Type: SUPPL

Filing Date: 2025-02-19

Corporate Action: Ipo

Type: New

Accession Number: 000110465925014911

Filing Summary: Skeena Resources Ltd has filed a Preliminary Prospectus Supplement related to a public offering of its Common Shares and Flow-Through Shares. The offering's terms allow for the distribution of common shares at a determined price and include provisions for an Underwriting Agreement involving BMO Nesbitt Burns Inc. as the lead underwriter. The Common Shares are being offered in the United States and Canada, excluding Quebec. The document outlines the underwriting commission and net proceeds to the corporation after fees. The corporation aims to utilize the proceeds for development expenses and has made applications for listing the shares on both TSX and NYSE, although no conditional approvals have been granted yet, emphasizing the speculative nature of the investment. A full disclosure regarding risks associated with mineral resource estimates, forward-looking statements, and compliance with both Canadian and U.S. securities laws is included.

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