Seabridge Gold Public Offering
Seabridge Gold (AMEX:SA) announced late last week that it has an underwriting agreement in place to make a public offering of 2.5 million common shares, priced at $22.90 a share.
At that price the company would raise just above $57 million, depending on whether or nt the over-allotment option is exercised by the underwriters.
Seabridge says it will use the funds for further exploration and development, along with general unnamed purposes.
Seabridge Gold Public Offering
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