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Seabridge secures C$14.1 million for tax fight

Seabridge Gold (TSX: SEA) says it’s secured C$14.1 million (US$10 million) from an existing shareholder to address a tax issue and continue the legal challenge.

Seabridge secures C$14.1 million for tax fight Seabridge secures C$14.1 million for tax fight Seabridge secures C$14.1 million for tax fight Seabridge secures C$14.1 million for tax fight Seabridge secures C$14.1 million for tax fight

Shareholder backs Canada-based explorer Seabridge Gold

It said the main use of proceeds was to make deposits to the Canada Revenue Agency, covering potential liabilities stemming from reassessments of earlier exploration expenses.

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