Business
Skeena Closes Oversubscribed Private Placement
NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITE...
About this update from Skeena Resources Limited
[{"type":"text","content":"Skeena Closes Oversubscribed Private PlacementNOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESVANCOUVER, BC / ACCESSWIRE / April 10, 2019 / Skeena Resources Limited (TSX.V: SKE, OTCQX: SKREF) (\"Skeena\" or the \"Company\") is pleased to report that it has closed its private placement of common shares of the Company (the \"Offering\") announced on April 2, 2019, subject to the final acceptance of the TSX Venture Exchange. The Company issued 5,194,805 common shares at a price of C$0.385 per common share for gross proceeds of C$2,000,000.The net proceeds of the Offering will be used to fund advancement of the Company's Eskay Creek Project and for working capital purposes. The securities issued under the Offering will be subject to a statutory hold period expiring August 11, 2019. A total of C$65,975 was paid in finders' fees.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 and base 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 Snip and Eskay Creek mines, both optioned from Barrick. In addition, the Company has completed a Preliminary Economic Assessment on the GJ copper-gold porphyry project.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 Company and there is no assurance ...