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Bullboard - Stock Discussion Forum Seabridge Gold Inc T.SEA

Alternate Symbol(s):  SA

Seabridge Gold Inc. is engaged in acquiring, exploring, and advancing mineral properties, with an emphasis on gold resources, located in Canada and the United States. The Company holds a 100% interest in several North American gold projects. Its principal assets, the KSM project, and its Iskut project, are located in Northwest British Columbia, Canada's Golden Triangle, the Courageous Lake... see more

TSX:SEA - Post Discussion

Seabridge Gold Inc > Where comes the Snowfield money from ?
View:
Post by sailor8 on Dec 04, 2020 12:32pm

Where comes the Snowfield money from ?

Any idea who is behind it? Who are the underwriters at Cantor for the 6,100,000 shares at 17.25 USD ?

As the "Snowfield" deal is also announced on Pretium's side, it seems that the sum is already signed. I am very nosy to know, who is it.

Our shareprice is actually remarkable higher than said 17.25 $.
Comment by miningman on Dec 04, 2020 1:11pm
  And  Seabriges  SP  is down  8%  on  the news.  I guess their shareholders dont like the deal either,  but then  they are buying moose pasture ,  so who can  blame them. Sailor is an uninformed  PVG  shareholder who cant recognise reality when its  under his nose
Comment by likeike on Dec 04, 2020 1:33pm
Read the full thing below....brokering 6 mill shares at 17. Toronto-based Seabridge Gold Inc. (TSX: SEA) announced on Friday it will purchase the Snowfield Property from Pretium Resources Inc., which hosts a large gold resource immediately adjacent to Seabridge's 100%-owned KSM gold-copper project in northeast British Columbia, Canada. The $100 million (USD) acquisition enables ...more  
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