Skeena Resources Limited (TSXV:SKE) announced a non-brokered private placement of 13,000,000 common shares at CAD 0.385 per share for gross proceeds of CAD 5,005,000 on June 27, 2019. The securities issued are subject to a hold period of four months and one day from the date of closing. The company expects to close the deal on or before July 15, 2019.

The transaction is subject to approval of TSX Venture Exchange and regulatory authority.