Seabridge raises $22M to explore KSM, Iskut


Last updated 2/14/2018 at 5:07am

Seabridge Gold Inc. April 28 announced the closing of a C$22 million flow-through financing. As a result, Seabridge issued 1.1 million flow-through shares at C$20 each, which is a 27.7 percent premium to the closing price on the day the offering was announced.

Under Canada's Income Tax Act, a flow-through financing allows mineral exploration companies to transfer their exploration expenses to...

For access to this article please sign in or subscribe.


Reader Comments(0)


Powered by ROAR Online Publication Software from Lions Light Corporation
© Copyright 2023

Rendered 03/27/2023 07:59