Skeena Resources Limited has completed the previously announced bought deal offering of 10,005,000 Skeena Resources common shares for $7.35 per common share for gross proceeds of $73,536,750, which includes the exercise in full by the underwriters of their over-allotment option to purchase up to an additional 1,305,000 common shares at the offering price.

The common shares are offered by way of a prospectus supplement to Skeena Resources’ base shelf prospectus in all of the provinces of Canada, except the province of Québec, and by way of private placement in the United States.

BMO Capital Markets acted as sole book runner for the offering, on behalf of a syndicate of underwriters which includes CIBC World Markets Inc., Raymond James Ltd., RBC Dominion Securities Inc., Desjardins Securities Inc., Clarus Securities Inc. and SCP Resource Finance LP. 

The net proceeds of the offering will be used for the continued advancement of the Company’s Eskay Creek gold-silver project and general corporate purposes.