06:26 AM EDT, 10/06/2025 (MT Newswires) -- Skeena Resources ( SKE ) said it has filed a prospectus supplement for a previously announced bought deal offering of 5.2 million common shares, priced at $24 per share for gross proceeds of $125 million.

The company also entered into an underwriting agreement with a syndicate of underwriters led by BMO Capital Markets. The underwriters were granted an over-allotment option to buy up to an additional 781,500 common shares at the offering price.

The underwriters may exercise their option at any time during the 30-day period following the offering closing. If the option is exercised in full, gross proceeds will increase to $143.8 million.

The common shares will be offered through prospectus supplements to Skeena's base shelf prospectus in all of the provinces of Canada, excluding Quebec, and to its registration statement in the U.S.

The offering is scheduled to close Oct. 8, subject to customary closing conditions.

Skeena's share price at last look gained 0.8% to US$17.60 in U.S. pre-market trading Monday.