Skeena graduates to TSX
Junior miner Skeena Resources has received final approval to list the company’s common shares on the TSX, following its graduation from the TSX-V.
The company’s common shares began trading on the TSX at the market opening on Thursday.
“Skeena’s graduation to the TSX senior exchange is a natural evolution in the growth of the company. We’ve demonstrated a very robust project at Eskay Creek while at the same time have managed to sign a deal to acquire 100% ownership of the mine. We currently have six drills turning at Eskay with more on the way. Assay results are expected shortly. The timing to improve our access to capital markets with the new TSX listing could not be better,” said president and CEO Walter Coles.
The TSX listing should facilitate access to a broader range of investors, as well as provide exposure to larger pools of capital, including long-term institutional investors and large investors abroad.
Skeena is focused on developing prospective precious metal properties in the Golden Triangle of north-west British Columbia. The company’s flagship project is the Eskay Creek gold/silver mine. Skeena is also exploring the past-producing Snip gold mine.
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