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Seabridge Gold ( (TSE:SEA) ) has issued an announcement.
Seabridge Gold Inc. has announced a total of US$100 million in financings, including a US$20 million investment from a strategic investor. The funds will be used for critical activities at the company’s KSM gold-copper project, including payments to BC Hydro, field data collection, and early value engineering for a bankable feasibility study, as well as other project-related costs and general corporate purposes. This financing is intended to support the advancement of the KSM project and maintain commitments to indigenous partners and local communities, positioning KSM for future partnerships.
More about Seabridge Gold
Seabridge Gold Inc. is a company in the mining industry, primarily focused on gold and copper exploration and development. Its market focus includes advancing projects like the KSM gold-copper project in northeast British Columbia, Canada.
YTD Price Performance: 8.97%
Average Trading Volume: 602,990
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $1.21B
See more insights into SEA stock on TipRanks’ Stock Analysis page.
