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Seabridge to buy Snowfield for US$100M

Seabridge Gold has agreed to purchase the Snowfield gold project near its KSM copper-gold project in British Columbia, Canada, from Pretium Resources for US$100 million, a 1.5% net smelter royalty (NSR) and a future contingent payment of $20 million

Paul Harris
Seabridge Gold's KSM project in British Columbia, Canada

Seabridge Gold's KSM project in British Columbia, Canada

The company has also entered into an agreement with Cantor Fitzgerald Canada as lead underwriter and sole book-runner for a $105 million bought deal financing of 6.1 million shares priced at $17.25 per...

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