March 29, 2017 / 9:31 PM / a year ago

BRIEF-Seabridge Gold announces $14.3 mln bought deal offering of common shares

March 29 (Reuters) - Seabridge Gold Inc

* Seabridge Gold announces $14.3 million bought deal offering of common shares and a concurrent $20.0 million bought deal offering of flow-through shares

* Seabridge Gold Inc - Underwriters have agreed to purchase, on a bought deal basis, one million common shares at a price of $14.30 per common shar

* Seabridge Gold - Intends to use net proceeds from offering to continue to advance company’s KSM and Iskut projects and for general corporate purposes

* Seabridge Gold- Underwriters agreed to purchase,on bought deal private placement basis,1 million flow-through shares at price of $20.00/flow-through share

* Seabridge Gold - Gross proceeds from flow-through share offering to be used to fund 2017 exploration program at co’s KSM and Iskut projects in Canada Source text for Eikon: Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below