On January 6, 2023, Seabridge Gold Inc. announced an at-the-market (ATM) equity offering of up to US$100 million (C$135.64 million at the January 5, 2023 exchange rate). Cantor Fitzgerald & Co. and B. Riley Securities, Inc. acted as agents, selling common shares on the NYSE at prevailing market prices. Proceeds were intended for exploration and development, including the KSM Project, and general corporate purposes. Legal advisors included DuMoulin Black LLP, Thorsteinssons LLP, Carter Ledyard & Milburn LLP, Bennett Jones LLP, and Cooley LLP. The offering was open-ended with no fixed close date.