Skeena Resources Limited Announces Approximately C$70.5 Million Bought Deal Financing
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Skeena Resources Limited has announced a C$70.5 million bought deal financing agreement with BMO Capital Markets and other underwriters. The deal involves the purchase of 4.8 million common shares at C$14.70 each, with an option to increase by 15% before closing.
February 18, 2025 | 9:45 pm
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Skeena Resources Limited has secured a C$70.5 million bought deal financing with BMO Capital Markets, involving 4.8 million shares at C$14.70 each. This financing could support the company's growth and operational plans.
The bought deal financing provides Skeena with significant capital, which can be used for expansion or operational improvements. The involvement of BMO Capital Markets adds credibility, likely boosting investor confidence and positively impacting the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100