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0.0397489539748953 0.0397489539748953 0.0397489539748953 0.0146443514644352 -0.00418410041841014 -0.00418410041841014 -0.0209205020920501 -0.0324267782426779
Stock impact report

Skeena Resources Secures US$750 Million Project Financing Package [Yahoo! Finance]

Skeena Resources Limited (SKE) 
Company Research Source: Yahoo! Finance
that it has secured a financing package totaling US$750 million (equivalent to over C$1 billion) with Orion Resource Partners ("Orion") for the development, construction, and general working capital required to advance the Company's 100%-owned Eskay Creek Gold-Silver Project ("Eskay" or the "Project"). This complete funding package significantly de-risks the Project and provides Skeena with optionality, flexibility and stakeholder alignment as the Company progresses Eskay towards production in the first half of 2027. The package provides a significant portion of financing prior to Skeena's receipt of required permits in respect to the Eskay project and therefore, allows the Company to advance the project on the most efficient and expedient schedule to production. Financing Package Highlights: The total financing package of US$750 million is comprised of an equity investment, gold stream, senior secured loan, and a cost over-run facility: US$100 million equity investment priced a Show less Read more
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