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Canada-based Seabridge Gold has completed a US$255 million fund raising through a deal with Sprott Resource Streaming and Royalty and Ontario Teachers’ Pension Plan that will advance the development of its Kerr-Sulphurets-Mitchell (KSM) project in British Columbia, Canada.
Seabridge can move at KSM
Seabridge's wholly owned subsidiary, KSM Mining, last month agreed to sell a $255 secured note that would be exchanged at maturity for a silver royalty on its 100%-owned KSM project, which the firm
Funds to advance project to construction ready
Seabridge improves KSM economics
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