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Stock impact report

ORION MINE FINANCE ANNOUNCES FINANCING TRANSACTIONS WITH SKEENA RESOURCES LIMITED [Yahoo! Finance]

Skeena Resources Limited (SKE) 
Company Research Source: Yahoo! Finance
Finance GP IV LP (" Orion "), acquired (i) 12,021,977 common shares (" Common Shares ") of Skeena Resources Limited (" Skeena ") for an aggregate purchase price of C$80,000,245.95 , or C$6.6545 per Common Share, from several sellers that acquired the Common Shares in connection with an offering of flow-through Common Shares by Skeena (the " Flow-Through Offering ") and (ii) 3,418,702 Common Shares for an aggregate purchase price of C$22,749,752.46 , or C$6.6545 per Common Share, pursuant to a subscription agreement (the " Subscription Agreement ") with Skeena (the " First Tranche "). Subject to satisfaction of the conditions contained in the Subscription Agreement, Orion has agreed to purchase additional Common Shares (the " Second Tranche " and, together with the Flow-Through Offering and the First Tranche, the " Equity Financing The Equity Financing is being completed as part of a broader financing package totaling approximately US$750 million (the " Financing ") being provided to Show less Read more
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