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Skeena Resources Invests in TDG Gold Corp for Greater Shasta Project

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Skeena Resources Invests in TDG Gold Corp for Greater Shasta Project

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Skeena Resources ( (TSE:SKE) ) has issued an announcement.

Skeena Resources announced a strategic investment in TDG Gold Corp to support the Greater Shasta-Newberry project in British Columbia. The investment, which involves purchasing 22,000,000 TDG shares and selling the Sofia Property, aligns with Skeena’s strategy of investing in projects with high geological potential and is expected to close by February 14, 2025, pending exchange approval.

More about Skeena Resources

Skeena Resources Limited is a leading precious metals developer focused on advancing the Eskay Creek Gold-Silver Project, a past-producing mine located in the Golden Triangle of British Columbia, Canada. The company is dedicated to sustainable mining practices and aims to deliver long-term value and sustainable growth for its stakeholders, in partnership with the Tahltan Nation.

YTD Price Performance: 4.95%

Average Trading Volume: 296,036

Technical Sentiment Consensus Rating: Sell

Current Market Cap: C$1.53B

Find detailed analytics on SKE stock on TipRanks’ Stock Analysis page.

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