Skeena Announces Results of Annual General Meeting

Skeena Announces Results of Annual General Meeting

Vancouver, BC (June 17, 2024) Skeena Resources Limited (TSX: SKE, NYSE: SKE) (“Skeena” or

the “Company ”) is pleased to announce the results of the Company’s Annual General Meeting of

Shareholders (“AGM”) held in Vancouver, British Columbia, on June 17, 2024. Shareholders approved

the re -election of all Directors . The number of Directors and the reappointment of KPMG LLP ,

Chartered Professional Accountants as auditor of the Company were also approved by over 99% of

shareholders who voted. Additionally, the Shareholder Rights Plan adopted by the Board of Directors

on November 14, 2023 was allowed to expire on May 14, 2024 rather than calling a meeting of

shareholders in order to approve the Shareholder Rights Plan prior to that date.

A total of 64,349,256 shares were voted, representing 70.9% of the common shares that were issued

and outstanding at the record date for the AGM. Refer to Table 1 below for the detailed results of the

votes for each Director.

Table 1: Detailed Voting Results for Re-election of Directors

Nominee Votes For Percentage For

Walter Coles 60,398,449 99.8%

Craig Parry 40,352,117 66.7%

Randy Reichert 60,229,897 99.5%

Suki Gill 55,360,141 91.5%

Greg Beard 60,161,103 99.4%

Nathalie Sajous 60,372,741 99.7%

About Skeena

Skeena Resources Limited is a Canadian mining exploration and development company focused on

revitalizing the Eskay Creek and Snip Projects, two past-producing mines located in Tahltan Territory

in the Golden Triangle of Northwest British Columbia, Canada. The Co mpany released a Definitive

Feasibility Study for Eskay Creek in November 2023 which highlights an after -tax NPV5% of C$2B,

43% IRR, and a 1.2-year payback at US$1,800/oz Au and US$23/oz Ag.

On behalf of the Board of Directors of Skeena Resources Limited,

Walter Coles Randy Reichert

Executive Chairman President & CEO

Contact Information

Investor Inquiries: [email protected]

Office Phone: +1 604 684 8725

Company Website: www.skeenaresources.com

NR: 24-04 | June 17, 2024

Qualified Persons

In accordance with National Instrument 43 -101 Standards of Disclosure for Mineral Projects, Paul

Geddes, P.Geo., Senior Vice President, Exploration & Resource Development, is the Qualified Person

for the Company and has prepared, validated, and approved th e technical and scientific content of

this news release. The Company strictly adheres to CIM Best Practices Guidelines in conducting,

documenting, and reporting the exploration activities on its projects.

Cautionary note regarding forward-looking statements

Certain statements and information contained or incorporated by reference in this press release constitute “forward-looking

information” and “forward -looking statements” within the meaning of applicable Canadian and United States securities

legislation (collectively, “forward-looking statements”). These statements relate to future events or our future performance.

The use of words such as “anticipates”, “believes”, “proposes”, “contemplates”, “generates”, “targets”, “is projected”, “is

planned”, “considers”, “estimates”, “expects”, “is expected”, “potential” and similar expressions, or statements that certain

actions, events or results “may”, “might”, “will”, “could”, or “would” be taken, achieved, or occur, may identify forward -

looking statements. All statements other than statements of historical fact are forward-looking statements. Specific forward-

looking statements contained herein include, but are not limited to, statements regarding the results of the Definitive

Feasibility Study, processing capacity of the mi ne, anticipated mine life, probable reserves, estimated project capital and

operating costs, sustaining costs, results of test work and studies, planned environmental assessments, the future price

of metals, metal concentrate, and future exploration and de velopment. Such forward -looking statements are based on

material factors and/or assumptions which include, but are not limited to, the estimation of mineral resources and reserves,

the realization of resource and reserve estimates, metal prices, taxation, the estimation, timing and amount of future

exploration and development, capital and operating costs, the availability of financing, the receipt of regulatory approvals,

environmental risks, title disputes and the assumptions set forth herein and in the Co mpany’s MD&A for the year ended

December 31, 2023, its most recently filed interim MD&A, and the Company’s Annual Information Form (“AIF”) dated

March 28, 2024. Such forward -looking statements represent the Company’s management expectations, estimates and

projections regarding future events or circumstances on the date the statements are made, and are necessarily based on

several estimates and assumptions that, while considered reasonable by the Company as of the date hereof, are not

guarantees of future pe rformance. Actual events and results may differ materially from those described herein, and are

subject to significant operational, business, economic, and regulatory risks and uncertainties. The risks and uncertainties

that may affect the forward -looking statements in this news release include, among others: the inherent risks involved in

exploration and development of mineral properties, including permitting and other government approvals; changes in

economic conditions, including changes in the price of gold and other key variables; changes in mine plans and other

factors, including accidents, equipment breakdown, bad weather and other project execution delays, many of which are

beyond the control of the Company; environmental risks and unanticipated recl amation expenses; and other risk factors

identified in the Company’s MD&A for the year ended December 31, 202 3, its most recently filed interim MD&A, the AIF

dated March 28, 2024, the Company’s short form base shelf prospectus dated January 31, 2023, and in the Company’s

other periodic filings with securities and regulatory authorities in Canada and the United States that are available on

SEDAR+ at www.sedarplus.ca or on EDGAR at www.sec.gov.

Readers should not place undue reliance on such forward-looking statements. Any forward-looking statement speaks only

as of the date on which it is made and the Company does not undertake any obligations to update and/or revise any

forward-looking statements except as required by applicable securities laws.