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Skeena Announces C$20M Private Placement
Not for Distribution to United States News Wire Services or for Dissemination in the United ...
About this update from Skeena Resources Limited
[{"type":"text","content":"Skeena Announces C$20M Private PlacementNot for Distribution to United States News Wire Services or for Dissemination in the United StatesVANCOUVER, BC / ACCESSWIRE / March 10, 2020 / Skeena Resources Limited (TSXV:SKE)(OTCQX:SKREF) (\"Skeena\" or the \"Company\") is pleased to announce a fully subscribed non-brokered private placement offering (the \"Offering\") of approximately 17,316,000 flow-through shares at a price of C$1.155 per share for aggregate gross proceeds of C$20 million.The net proceeds of the Offering will be used to fund exploration activities on the Company's projects in the Golden Triangle of British Columbia. The closing of the Offering is anticipated to occur on or before April 15, 2020 (the \"Closing Date\") and is subject to certain conditions including, but not limited to, the receipt of all necessary regulatory approvals, including the acceptance of the TSX Venture Exchange. The securities issued under the Offering will be subject to a statutory hold period in Canada expiring four months and one day from the Closing Date.This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the \"U.S. Securities Act\") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.About SkeenaSkeena Resources Limited is a junior Canadian mining exploration company focused on developing prospective precious metal properties in the Golden Triangle of northwest British Columbia, Canada. The Company's primary activities are the exploration and development of the past-producing Eskay Creek mine and Snip mine.On behalf of the Board of Directors of Skeena Resources Limited,Walter Coles Jr.President & CEOCautionary note regarding forward-looking statementsCertain statements made and information contained herein may constitute \"forward looking information\" and \"forward looking statements\" within the meaning of applicable Canadian and United States securities legislation. These statements and information are based on facts currently available to the Com...