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Stock Market & Financial Investment News

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December 13, 2012
18:21 EDTSARoyal Gold acquires additional C$18M in Seabridge Gold treasury shares
Seabridge Gold (SA) announced that Royal Gold has exercised its option to acquire, by way of private placement, C$18M in Seabridge treasury shares at a 15% premium to the volume weighted average trading price of Seabridge shares on the TSX for the five day period ending December 11, as per the original agreement. The private placement consists of 1,004,491 Seabridge common shares at a price of C$17.92 each. There were no fees or commissions payable on this private placement. By exercising the Share Option, Royal Gold obtains a second royalty option to acquire a further 0.75% net smelter return royalty on all gold and silver production from Seabridge's KSM project. Royal Gold can exercise the second royalty option by electing to acquire the 0.75% NSR within 60 days following Royal Gold's agreement that the KSM project is in receipt of all material approvals and permits, full project financing and certain other conditions and paying Seabridge C$60M in three equal payments over the 18 month period after such election.
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August 26, 2015
08:05 EDTSASeabridge Gold confirms major deposit extension at KSM in British Columbia
Seabridge Gold announced that this year's first drill results from the Deep Kerr deposit at its 100% owned KSM Project in northwestern British Columbia have confirmed a substantial expansion of the deposit in an area being evaluated for low cost, underground block cave mining. Hole K-15-49 intercepted 483 meters averaging 0.43 g/T gold and 0.56% copper including a 250 meter interval grading 0.49 g/T gold and 0.70% copper. A follow-up daughter hole, K-15-49A, is now in progress to test the mineralized zone between these two intersections. The results are expected to increase resources.
August 13, 2015
16:51 EDTSASeabridge Gold reports Q2 EPS (3c), one estimate (4c)
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