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BRIEF-Seabridge Gold announces $14.3 mln bought deal offering of common shares

Published 2017-03-29, 05:29 p/m
© Reuters. BRIEF-Seabridge Gold announces $14.3 mln bought deal offering of common shares
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March 29 (Reuters) - Seabridge Gold Inc SEA.TO

* Seabridge Gold announces $14.3 million bought deal offering of common shares and a concurrent $20.0 million bought deal offering of flow-through shares

* Seabridge Gold Inc - Underwriters have agreed to purchase, on a bought deal basis, one million common shares at a price of $14.30 per common shar

* Seabridge Gold - Intends to use net proceeds from offering to continue to advance company's KSM and Iskut projects and for general corporate purposes

* Seabridge Gold- Underwriters agreed to purchase,on bought deal private placement basis,1 million flow-through shares at price of $20.00/flow-through share

* Seabridge Gold - Gross proceeds from flow-through share offering to be used to fund 2017 exploration program at co's KSM and Iskut projects in Canada Source text for Eikon: ID:nCNWn4myKa Further company coverage: SEA.TO

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