Skeena Resources (SKE) said Wednesday it completed its bought deal offering, raising about 88.3 million Canadian dollars ($61.6 million) with the issuance of about 3.3 million common shares at CA$14.70 each and roughly 2.2 million flow-through shares at CA$17.93 each.
The company said the underwriters fully exercised their option to buy an additional 720,000 common shares at the offering price.
The proceeds from the sale of common shares will be used to support the advancement of Skeena's Eskay Creek gold-silver project and for general corporate purposes, while funds from the flow-through shares offering will be used for Canadian development expenses, to be incurred or renounced by Dec. 31, Skeena said.
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