Skeena Closes Final Tranche of Flow-Through Private Placement
NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES
OR FOR DISSEMINATION IN THE UNITED STATES
Skeena Closes Final Tranche of Flow-Through Private Placement
Vancouver, BC ( April 13, 2021) Skeena Resources Limited (TSX: SKE, OTCQX: SKREF)
(“Skeena” or the “Company”) is pleased to announce it has conditionally-closed the final tranche of
the non-brokered private placement offering (the “ Placement”) announced on February 24, 2021. In
total, under this Placement, Skeena has raised gross proceeds of approximately C$21.6 million from
the sale of 4,789,592 flow-through shares at a price of C$4.50 per share.
In relation to th is final tranche, Skeena collected gross proceeds of C$ 8.8 million from the sale of
1,951,606 flow-through shares. The net proceeds of the Placement will be used to fund exploration
activities on the Company’s projects in the Golden Triangle of British Columbi a. The closing of the
Placement is subject to certain conditions including, but not limited to, the receipt of all necessary
regulatory approvals, including the acceptance of the Toronto Stock Exchange. The securities issued
under the Placement will be subject to a statutory hold period in Canada expiring four months and one
day from the date that they are issued.
This news release does not constitute an offer to sell or a solicita tion of an offer to sell any of the
securities in the United States. The securities have not been and will not be registered under the U.S.
Securities Act or any state securities laws and may not be offered or sold within the United States or
to, or for the account or benefit of, U.S. Persons unless registered under the U.S. Securities Act and
applicable state securities laws or an exemption from such registration is available.
About Skeena
Skeena Resources Limited is a Canadian mining exploration company focused on revitalizing the past-
producing Eskay Creek gold -silver mine located in Tahltan Territory in the Golden Triangle of
northwest British Columbia, Canada. The Company released a robust Preliminary Economic
Assessment in late 2019 and is currently focused on infill and exploration drilling to advance Eskay
Creek to full Feasibility by the end of 2021 . Additionally, Skeena continues exploration programs at
the past-producing Snip gold mine.
On behalf of the Board of Directors of Skeena Resources Limited,
Walter Coles Jr.
President & CEO
Contact Information
Investor Inquiries: [email protected]
Office Phone: +1 604 684 8725
Company Website: www.skeenaresources.com
NR: 21-14 | April 13, 2021
Cautionary note regarding forward-looking statements
Certain statements made and information contained herein may constitute “forward looking information” and “forward
looking statements” within the meaning of applicable Canadian and United States securities legislation. These statements
and information are based on facts currently available to the Company and there is no assurance that actual results will
meet management’s expectations. Forward -looking statements and information may be identified by such terms as
“anticipates”, “believes”, “targets”, “estima tes”, “plans”, “expects”, “may”, “will”, “could” or “would”. Forward -looking
statements and information contained herein are based on certain factors and assumptions regarding, among other things,
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 other matters. While the Company
considers its assumptions to be reasonable as of the date hereof, forward -looking statements and information are not
guarantees of future performance and readers should not place undue importance on such statements as actual events
and results may differ materially from those described herein. The Company does not undertake to update any forward -
looking statements or information except as may be required by applicable securities laws.
Neither the Toronto Stock Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility
for the adequacy or accuracy of this release.