Seabridge Gold Progresses KSM Milestones And Plans Valor Gold Spin Out [Yahoo! Finance]
Banco Santander, S.A. Sponsored ADR (Spain) (SAN)
US:NYSE Investor Relations:
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Company Research
Source: Yahoo! Finance
Seabridge Gold (TSX:SEA) has completed advanced power infrastructure and extensive geotechnical drilling at its KSM project. The company is moving ahead with a spin-out of its Courageous Lake asset into a separate entity, Valor Gold. Existing Seabridge shareholders are expected to receive shares in Valor Gold as part of the spin-out structure. Seabridge Gold focuses on large scale gold projects, with KSM and Courageous Lake as key assets in its portfolio. The recent infrastructure and drilling work at KSM indicate progress on the ground, while the planned Valor Gold spin-out changes how these assets are organized within the group. For you as an investor, these updates raise practical questions around project risk, capital needs, and how value is shared between Seabridge and the new Valor Gold entity. The rest of this article outlines what has changed, what remains the same, and which aspects of the news may be most relevant for your own research on TSX:SEA. Stay updated on
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