https://www.miningweekly.com
Gold|Resources
Gold|Resources
gold|resources

Skeena closes C$34.5m bought deal to buy down Barrick NSR royalty

26th September 2022

By: Mariaan Webb

Creamer Media Senior Deputy Editor Online

     

Font size: - +

TSX- and NYSE- listed Skeena Resources has closed the previously announced bought-offering of 5 702 479 shares of the company at C$6.05 each, raising C$34.5-million.

The company will use the proceeds to exercise its right to buy down a 0.5% net smelter return royalty, currently held by Barrick Gold, for a payment of C417.5-million, as well as general administration and corporate purposes.

Skeena is revitalising the past-producing Eskay Creek gold/silver mine in the Golden Triangle of north-west British Columbia.

To watch Creamer Media's latest video reports, click here
 

Edited by Creamer Media Reporter

Comments

Showroom

Rittal
Rittal

Rittal is a world leading provider of top-quality integrated systems for enclosures, power distribution, climate control, IT infrastructure and...

VISIT SHOWROOM 
Goodwin Submersible Pumps Africa (Pty) Ltd
Goodwin Submersible Pumps Africa (Pty) Ltd

Goodwin Submersible Pumps Africa is sole distributors for Goodwin electrically driven, submersible, abrasion resistance slurry pumps.

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.108 0.147s - 107pq - 2rq
1:
1: United States
Subscribe Now
2: United States
2: