Skeena Resources Limited Announces the Filing of the Prospectus Supplement in Respect of Its Approximately C$125 Million Bought Deal Financing

Executive Summary

• Skeena Resources Ltd. filed a prospectus supplement and entered into an underwriting agreement for a bought‑deal offering of 5,210,000 common shares at C$24.00 per share, targeting gross proceeds of approximately C$125.0 million.
• The underwriters have been granted an over‑allotment option for up to 781,500 additional shares, which could raise total gross proceeds to about C$143.8 million if fully exercised.
• Closing of the offering is expected on or about October 8, 2025, subject to customary conditions and regulatory approvals (TSX and NYSE listings).

Key Details

• Offering Size: 5,210,000 common shares (the “Offered Shares”).
• Offering Price: C$24.00 per share.
• Aggregate Gross Proceeds (base): ≈ C$125,040,000.
• Over‑Allotment Option: Up to 781,500 additional shares at the same price; total potential proceeds ≈ C$143,796,000.
• Underwriting Syndicate: Led by BMO Capital Markets; other underwriters not named.
• Securities Offered: Common Shares of Skeena Resources Ltd., to be issued in Canada (excluding Quebec) and the United States via a U.S. prospectus supplement.
• Closing Date: Expected on or about 8 Oct 2025.
• Regulatory Conditions: Subject to approvals from the Toronto Stock Exchange, New York Stock Exchange, and other customary closing conditions.
• Prospectus Access: Base Shelf Prospectus and supplements available on SEDAR+ (Canada) and EDGAR (U.S.). Contact information for obtaining copies provided in release.

Notable Quotes

(No direct quotes from executives were included in the release.)