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Seabridge Gold ( (TSE:SEA) ) has issued an announcement.
Seabridge Gold has announced a new Controlled Equity Offering Sales Agreement, allowing for the sale of common shares to raise up to $100 million. This agreement, which is effective until February 2027, replaces a previous agreement and aims to provide financial flexibility for project advancement and potential acquisitions.
More about Seabridge Gold
Seabridge Gold Inc. is a Toronto-based company engaged in the exploration and development of gold properties in North America. The company holds 100% interests in several key projects, including the KSM and Iskut projects in British Columbia, the Courageous Lake project in Northwest Territories, the Snowstorm project in Northern Nevada, and the 3 Aces project in Yukon Territory, Canada.
YTD Price Performance: 1.83%
Average Trading Volume: 616,326
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $1.11B
For detailed information about SEA stock, go to TipRanks’ Stock Analysis page.