Skeena Resources Limited Completes Public Equity Offering

Paul, Weiss advised the underwriters in Skeena Resources Limited’s public offering of 5,520,000 of its common shares, of which 2,230,000 constituted “flow-through” shares for Canadian tax purposes, representing gross proceeds to Skeena Resources Limited of C$88.3 million. The transaction involved a syndicate of underwriters led by BMO Nesbitt Burns Inc. Skeena Resources is a Canadian mining exploration and development company focused on revitalizing the Eskay Creek gold-silver mine located in northwest British Columbia.

The Paul, Weiss team included corporate partner Christopher Cummings, tax partner Matthew Jordan and environmental counsel William O’Brien.