Skeena Closes Oversubscribed Private Placement
NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES
OR FOR DISSEMINATION IN THE UNITED STATES
Skeena Closes Oversubscribed Private Placement
Vancouver, BC ( April 10, 2019 ) Skeena Resources Limited (TSX.V: SKE, OTCQX: SKREF )
(“Skeena” or the “Company”) is pleased to report that it has closed its private placement of common
shares of the Company (the “Offering”) announced on April 2, 2019, subject to the final acceptance
of the TSX Venture Exchange. The Company issued 5,194,805 common shares at a price of C$0.385
per common share for gross proceeds of C$2,000,000.
The net proceeds of the Offering will be used to fund adv ancement of the Company’s Eskay Creek
Project and for working capital purposes. The securities issued under the Offering will be subject to a
statutory hold period expiring August 11, 2019. A total of C$65,975 was paid in finders’ fees.
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the
securities in the United States. The securities have not been and will not be registered under the
United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities
laws and may not be offered or sold within the United States or to 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 junior Canadian mining exploration company focused on developing
prospective precious and base metal properties in the Golden Triangle of northwest British Columbia,
Canada. The Company’s primary activities are the exploration and development of the past-producing
Snip and Eskay Creek mines, both optioned from Barrick. In addition, the Company has completed a
Preliminary Economic Assessment on the GJ copper-gold porphyry project.
On behalf of the Board of Directors of Skeena Resources Limited,
Walter Coles Jr.
President & CEO
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. F orward-looking statements and information may be identified by such terms as
“anticipates”, “believes”, “targets”, “estimates”, “plans”, “expects”, “may”, “will”, “could” or “would”. Forward- looking
NR: 19-08
April 10, 2019
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 TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for
the adequacy or accuracy of this release.
Not for distribution to U.S. Newswire Services or for dissemination in the United States of America. Any failure
to comply with this restriction may constitute a violation of U.S. Securities laws.