We are thrilled to announce that we have secured a comprehensive financing package totaling US$750 million with Orion Resource Partners for the development and construction of Eskay Creek. Walter Coles, Executive Chairman of Skeena, commented: “This complete financing package is a result of a competitive and comprehensive process undertaken to find the best financing solution for the Company. The result is certainty of funding to advance Eskay into production while balancing attractive cost of capital, flexibility, and optionality. We welcome Orion alongside existing shareholders as an aligned and committed stakeholder, further validating the merits of the project.” “We designed the financing package to provide the Company with important strategic flexibility and significant funding prior to final permits, while maintaining optionality as we continue working to maximize stakeholder value by advancing the Project. On the back of our positive definitive feasibility study released in November 2023, this financing package lays the foundation on which we build Eskay - unlocking value for all our stakeholders as we progress through this stage of growth.” Link to full News Release: https://lnkd.in/gFNduYHV #SKE #EskayCreek
Congratulations! Skeena Resources Limited
Congratulations Skeena Resources Limited to your whole team!
A made in BC success story. Congrats!
Amazing achievement and milestone for BC and Canadian mining - sadly on same day Yukon miner had a huge setback. Congrats to to Walter and the Skeena team. #bc #mining
well done randy
Great news!, well done
Hard work pays off! Congrats Skeena team!
What an achievement. congratulations!
Great news! 🥳🤩👍
CaaS / Earth Monitoring (EM) and Geomatics / New Business Program Development
5d....converting a Lake to a #TSF ... that will need forever #monitoring ... maybe a part of the mine development, but notwithstanding draining-it, lining-it, and then using-it ... a purposed and necessary full-time monitoring operation across seasons, time, and operation ...