Seabridge Gold Reports $103.1 Million Cash Balance and Advances KSM Project
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.
Seabridge Gold Inc. reported a strong financial position as of the third quarter of 2025, with cash and cash equivalents totaling $103.1 million. This was supported by a US$100.2 million equity financing completed in February 2025 and a $30.5 million flow-through financing in June 2025. The company renewed its US$750 million base shelf prospectus and US$100 million ATM facility in early 2025. Seabridge continues to focus on advancing its flagship KSM project, with substation construction at Treaty Creek on schedule for completion in the fourth quarter of 2026 and field programs progressing towards a bankable study. At the Iskut project, Snip North drilling confirmed a significant copper-gold porphyry, highlighted by 819.7 meters at 0.66 grams per tonne gold and 0.14% copper, with a maiden resource estimate targeted for the first quarter of 2026. At quarter end, the company reported secured note liabilities of $583.1 million. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Seabridge Gold Inc. published the original content used to generate this news brief via Newsfile (Ref. ID: 275376) on November 20, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT)
