Seabridge Gold Reports $103.1 Million Cash Balance and Advances KSM Project
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Seabridge Gold Inc. reported a strong financial position with $103.1 million in cash and equivalents as of Q3 2025, supported by equity and flow-through financings. The company renewed its US$750 million base shelf prospectus and US$100 million ATM facility. Seabridge is advancing its KSM project, with construction and field programs progressing. At the Iskut project, significant copper-gold porphyry drilling results were reported, with a maiden resource estimate expected in Q1 2026. Secured note liabilities totaled $583.1 million.
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