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Stock impact report

Skeena Resources set for exciting 2024 following successful capital raise and feasibility study [Yahoo! Finance]

Skeena Resources Limited (SKE) 
Company Research Source: Yahoo! Finance
to to discuss the company's exciting prospects for 2024, building on the significant achievements in the latter part of 2023. Skeena Resources has been on an impressive trajectory, and their latest developments are no exception. One of the noteworthy milestones for Skeena Resources was the successful closure of a flow-through common shares financing, which garnered approximately $10.7 million. This financial injection followed hot on the heels of an even more substantial financing package, totaling $81 million. This package was composed of the sale of a 1.0% Net Smelter Return (NSR) royalty on Eskay Creek, which fetched $56 million, and a $25 million unsecured Convertible Debenture. Franco-Nevada now holds a 2.5% NSR on all of Skeena's Eskay Creek properties, adding further depth to the company's strategic partnerships. MacKenzie went on to provide insights into Skeena Resources' comprehensive workplan, which revolves around building upon the recently completed Definitive Feasib Show less Read more
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