Skeena Resources files prospectus supplement

Executive Summary

• Skeena Resources Ltd. filed a prospectus supplement and entered into an underwriting agreement for a bought‑deal offering of 5.21 million common shares at $24 per share, targeting gross proceeds of approximately C$125.04 million.
• The underwriters have been granted an overallotment option for up to 781,500 additional shares, which could raise total gross proceeds to about C$143.80 million if fully exercised.
• The offering is expected to close around October 8, 2025, subject to customary closing conditions and regulatory approvals in Canada and the United States.

Key Details

• Offering Size: 5.21 million common shares at $24.00 per share.
• Aggregate Gross Proceeds (base): Approximately C$125.04 million.
• Overallotment Option: Up to 781,500 additional shares at the same price; potential total gross proceeds of ≈C$143.80 million if fully exercised.
• Underwriting Syndicate: Led by BMO Capital Markets, with participation from other underwriters (details not specified).
• Prospectus Structure: Shares to be offered via a prospectus supplement to the company’s base shelf prospectus in all Canadian provinces except Quebec and via a U.S. prospectus supplement to the Form F‑10 registration statement.
• Closing Date: Expected on or about October 8, 2025.
• Regulatory Conditions: Subject to approval by the Toronto Stock Exchange, listing on the New York Stock Exchange, and other customary closing conditions.
• Access to Documents: Prospectus supplement, base shelf prospectus, and related filings are available on SEDAR+ (Canada) and EDGAR (U.S.). Contact information for obtaining copies is provided in the release.

Notable Quotes

(No executive quotes were included in the release.)