---
title: "Seabridge Gold secures $100M credit facility to advance KSM project in BC"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/293241901.md"
description: "Seabridge Gold secured a $100 million credit facility from an unnamed investor to advance its KSM project in British Columbia. The loan is drawable at the company's election in minimum increments of US$10 million. This financing comes despite legal uncertainties surrounding the major undeveloped gold-copper project, leading to a 1.3% stock increase."
datetime: "2026-07-20T17:21:47.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/293241901.md)
  - [en](https://longbridge.com/en/news/293241901.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/293241901.md)
generator: "portal-rs"
---

# Seabridge Gold secures $100M credit facility to advance KSM project in BC

Seabridge Gold (SA) up 1.3% in Monday's trading after saying it obtained a $100M credit line from an unnamed investor to advance its KSM project in British Columbia, despite legal uncertainty surrounding one of the world's largest undeveloped gold-copper projects. The company said the loan is drawable at its election in minimum calls of US$10M each...

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**