Seabridge Gold Files 2016 Year End Audited Financial Statements and MD&A
Seabridge Gold Files 2016 Year End Audited Financial
Statements and MD&A
TORONTO, March 29, 2017 (GLOBE NEWSWIRE) -- Seabridge Gold announced today that it has filed its
Audited Consolidated Financial Statements and its Management's Discussion and Analysis for the year
ended December 31, 2016 on SEDAR ( www.sedar.com). To review these documents on the Company
website, please see http://www.seabridgegold.net/sharefinrep.php .
The Company’s principal assets are the 100% owned KSM property located near Stewart, British Columbia,
Canada and the 100% owned Courageous Lake gold project located in Canada ’s Northwest Territories.
For a breakdown of Seabridge ’s mineral resources by project and resource category please visit the
Company’s website at http://www.seabridgegold.net/resources.php .
All resource estimates reported by the Corporation were calculated in accordance with the
Canadian National Instrument 43 -101 and the Canadian Institute of Mining and Metallurgy
Classification system. These standards differ significantly from the requirements of the U.S.
Securities and Exchange Commission. Mineral resources which are not mineral reserves do not
have demonstrated economic viability.
Statements relating to the estimated or expected future production and operating results and
costs and financial condition of Seabridge, planned work at the Corporation ’s projects and the
expected results of such work are forward -looking statements within the meaning of the United
States Private Securities Litigation Reform Act of 1995. Forward -looking statements are
statements that are not historical facts and are generally, but not always, identified by words
such as the following: expects, plans, anticipates, believes, intends, estimates, projects,
assumes, potential and similar expressions. Forward -looking statements also include reference
to events or conditions that will, would, may, could or should occur. Information concerning
exploration results and mineral reserve and resource estimates may also be deemed to be
forward -looking statements, as it constitutes a prediction of what might be found to be present
when and if a project is actually developed. These forward -looking statements are necessarily
based upon a number of estimates and assumptions that, while considered reasonable at the
time they are made, are inherently subject to a variety of risks and uncertainties which could
cause actual events or results to differ materially from those reflected in the forward -looking
statements, including, without limitation: uncertainties related to raising sufficient financing to
fund the planned work in a timely manner and on acceptable terms; changes in planned work
resulting from logistical, technical or other factors; the possibility that results of work will not
fulfill projections/expectations and realize the perceived potential of the Corporation ’s projects;
uncertainties involved in the interpretation of drilling results and other tests and the estimation
of gold reserves and resources; risk of accidents, equipment breakdowns and labour disputes
or other unanticipated difficulties or interruptions; the possibility of environmental issues at the
Corporation ’s projects; the possibility of cost overruns or unanticipated expenses in work
programs; the need to obtain permits and comply with environmental laws and regulations and
other government requirements; fluctuations in the price of gold and other risks and
uncertainties, including those described in the Corporation ’s December 31, 2016 Annual
Information Form filed with SEDAR in Canada (available at www.sedar.com) and the
Corporation ’s Annual Report Form 40 -F filed with the U.S. Securities and Exchange Commission
on EDGAR (available at www.sec.gov/edgar.shtml). Forward -looking statements are based on
the beliefs, estimates and opinions of the Corporation ’s management or its independent
professional consultants on the date the statements are made.
ON BEHALF OF THE BOARD
"Rudi Fronk"
Chairman and C.E.O.
For further information please contact:
Rudi P. Fronk, Chairman and C.E.O.
Tel: (416) 367 -9292 • Fax: (416) 367 -2711
Email: [email protected]