Aug 31 (Reuters) - Skeena Resources Ltd SKE.V :
* Says delivered to dolly varden silver corporation a binding proposal to
acquire 100% of the common shares of dolly varden
* Says consideration consisting of common shares of Skeena having an aggregate
value of approximately $4.2 million
* Each dolly varden share would be exchanged for 2.763 Skeena shares, which
values each dolly varden share at about $0.221
* Says dolly varden made response to July proposal
* Says August proposal has now expired and Skeena is discontinuing its current
efforts to combine with dolly varden
* Source text for Eikon ID:nMKWdbMYga
* Further company coverage SKE.V