Concept Capital Management Files Early Warning Report
June 15, 2017
Concept Capital Management Files Early Warning Report
Concept Capital Management Ltd. ("Concept") announces that it acquired for a purchase price of
C$999,960, direct ownership of 19,999,200 units (the "Units") of Skeena Resources Limited
("Skeena") (TSX.V: SKE), of 650 – 1021 West Hastings St., Vancouver, BC V6E 0C3 , at a price of
C$0.05 per Unit pursuant to a p rivate placement of Units on June 13 , 2017 (the "Private
Placement"). Each Unit consists of one common share of Skeena and one warrant ("Warrant") to
purchase an additional common share of Skeena exercisable at a price of C$0.10 per common
share for a period of three years from the date of issuance.
Immediately prior to the Private Placement, Concept own ed 45,088,500 common shares of
Skeena, representing approximately 8.4% of the issue d and outstanding common shares on a
non‐diluted basi s and 3,000,000 Warrants. Immediately following this transaction, Concept,
owned 65,087,700 common shares of Skeena, representing 10.1% of the issued and outstanding
common shares of Skeena, and 12,999,600 Warrants. Assuming the exercise of the Warrants in
full, Concept would own 78,087,300 common shares, which would represent 12.2% of the then
issued and outstanding common shares of Skeena, on a partially‐diluted basis.
The shares were acquired by Concept for investment purposes, and depending on various factors
including, without limitation, market and other conditions, increase or decrease Concept’s
beneficial ownership, control or di rection over shares or other securities of the Issuer, through
market transactions, private agreements, treasury issuances, exercises of convertible securities
or otherwise.
Concept has also prepared an early warning reporting in accordance with the requi rements of
National Instrument 62 ‐103 - The Early Warning System and Related Take‐Over Bid and Insider
Reporting Issues that will appear under Skeena’s profile on www.sedar.com and a copy of which
may be obtained by contacting Mr. Hogel, President of Concept, at info@ccm‐ag.com.
CONTACT INFORMATION
Concept Capital Management Ltd.
Trust Company Complex
Ajeltake Road
Ajeltake Island
MH 96960
Majuro, Marshall Islands