Skeena Issues Shares for GJ Payment
Skeena Issues Shares for GJ Payment
Vancouver, BC (November 8, 2017) Skeena Resources Limited (TSX.V: SKE) (“Skeena” or the
“Company”) announces that on November 7, 2017, it issued an aggregate of 2,884,059 common
shares of the Company , with a total deemed value of C$1.5 million , in accordance with the 2015
Agreement for the Purchase of the GJ Property. 1,413,189 shares were issued to AuRico Metals
Canadian Royalty Partnership and 1,470,870 shares were issued to Teck Resources Limited. All
shares issued are subject to a hold period expiring March 8, 2018.
About Skeena
Skeena Resources Limited is a junior Canadian mining exploration company f ocused on developing
prospective precious and base metal properties i n the Golden Triangle of northwest British
Columbia, Canada. The Company’s primary activities are the e xploration and development of the
past-producing Snip gold mine, acquired from Barri ck Gold, and the past -producing Porter Idaho
silver mine. The Company also recently announced Preliminary Economic Assessment results for
the Spectrum-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 Unite d 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 statemen ts and information may be identified by such terms as “anticipates”, “believes”, “targets”,
“estimates”, “plans”, “expects”, “may”, “will”, “could” or “would”. Forward -looking statements and information contained herein are
based on certain factors and ass umptions 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 exploratio n and
development, capital and operat ing 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 informa tion 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.
NR: 17-21
November 8, 2017