Skeena Resources Limited has received its British Columbia Mines Act Permit for the Eskay Creek Gold-Silver Project, a major milestone toward commercial production. The company anticipates receiving the final Environmental Management Act permit in February 2026, with initial production expected in Q2 2027. The project is a past-producing mine in BC's Golden Triangle and is positioned to be one of the world's highest-grade, lowest-cost open-pit precious metals mines.

Trident Resources reported positive diamond drill results from its Contact Lake Gold Project in Saskatchewan, with drill holes revealing significant gold mineralization, including 7.03 gpt gold over 43.25m and high-grade zones suggesting potential for future exploration.

Skeena Resources Limited has filed a prospectus supplement for a bought deal financing of 5,210,000 common shares at C$24.00 per share, raising approximately C$125 million, with potential additional proceeds through an over-allotment option.

Skeena Resources is raising approximately C$125 million through a share offering to fund its Eskay Creek gold-silver project, with potential challenges from BC government employee strike and ongoing permitting negotiations.

Skeena Resources Limited held its Annual General Meeting of Shareholders, where shareholders approved the re-election of all existing Directors and the new election of Mr. Hansjoerg Plaggemars to the Company's Board of Directors. The number of Directors and the reappointment of KPMG LLP as auditor were also approved.

Aben Minerals Ltd. has closed a non-brokered private placement financing for total gross proceeds of CAD $316,000. The company intends to use the proceeds for exploration and general working capital purposes.

Aben Minerals Ltd. has announced a non-brokered private placement of up to 4,500,000 units at $0.07 per unit, with each unit comprising one common share and one warrant. The proceeds will be used for exploration and general working capital purposes.

U.S. stocks were lower, with the Dow Jones index falling over 250 points on Friday. Shares of Argan, Inc. (NYSE: AGX) rose sharply during Friday’s session as the company reported better-than-expected results for its fourth quarter. Argan posted quarterly earnings of 89 cents per share, beating market estimates of 75 cents per share. The company’s quarterly sales came in at $164.55 million, topping expectations of $161.60 million, according to data from Benzinga Pro. Argan, shares jumped 21.5% to $59.97 on Friday. Here are some other big stocks recording losses in today’s session. Globe Life Inc. (NYSE: GL) shares rose 17% to $57.28 amid volatility following a short ...

U.S. stock futures were higher this morning, with the Dow Jones futures gaining around 40 points on Tuesday. Here are some big stocks recording gains in today’s pre-market trading session. Gaotu Techedu Inc. (NYSE: GOTU) shares rose 7.6% to $3.70 in pre-market trading after jumping 17% on Tuesday. SES AI Corporation (NYSE: SES) shares gained 7% to $2.15 in pre-market trading. SES AI ...

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Upgrades For Federal Signal Corp (NYSE:FSS), DA Davidson upgraded the previous rating of Neutral to Buy. In the second quarter, Federal Signal showed an EPS of $0.53, compared to $0.50 from the year-ago quarter. The current stock performance of Federal Signal shows a 52-week-high of $44.31 and a 52-week-low of $31.86. Moreover, at the end of the last trading period, the closing price was at $39.88. Argus Research upgraded the previous rating for Biogen Inc (NASDAQ:BIIB) from Hold to Buy. For the second quarter, Biogen had an EPS of $5.25, compared to year-ago quarter EPS of $5.68. At the moment, the stock has a 52-week-high of $283.44 and a 52-week-low of $187.16. Biogen closed at $262.26 at the end of the last trading period. For Progressive Corp (NYSE:PGR), Jefferies upgraded the previous rating of Hold to Buy. For the second quarter, Progressive had an EPS of $1.08, compared to year-ago quarter EPS of $0.72. The stock has a 52-week-high of $129.76 and a 52-week-low of $100.81. At the end of the last trading period, Progressive closed at $121.92. According to National Bank Of Canada, the prior rating for Algonquin Power & Utilities Corp (NYSE:AQN) was changed from Sector Perform to Outperform. In the second quarter, Algonquin Power showed an EPS of $0.16, compared to $0.15 from the year-ago quarter. At the moment, the stock has a 52-week-high of $16.01 and a 52-week-low of $10.81. Algonquin Power closed at $10.83 at the end of the last trading period. For Core Laboratories NV (NYSE:CLB), Citigroup upgraded the previous rating of Sell to Neutral. For the second quarter, Core Laboratories had an EPS of $0.12, compared to year-ago quarter EPS of $0.17. The current stock performance of Core Laboratories shows a 52-week-high of $35.83 and a 52-week-low of $13.19. Moreover, at the end of the last trading period, the closing price was at $16.45. See all analyst ratings upgrades. Downgrades For Zions Bancorp NA (NASDAQ:ZION), Keefe, Bruyette & Woods downgraded the previous rating of Outperform to Market Perform. In the second quarter, Zions Bancorp showed an EPS of $1.29, compared to $2.08 from the year-ago quarter. At the moment, the stock has a 52-week-high of $75.44 and a 52-week-low of $47.92. Zions Bancorp closed at $52.41 at the end of the last trading period. Keefe, Bruyette & Woods downgraded the previous rating for Southern States Bancshares Inc (NASDAQ:SSBK) from Outperform to Market Perform. In the second quarter, Southern States showed an EPS of $0.59, compared to $0.50 from the year-ago quarter. For BTRS Holdings Inc (NASDAQ:BTRS), William Blair downgraded the previous rating of Outperform to Market Perform. BTRS Holdings earned $0.04 in the second quarter, compared to $0.07 in the year-ago quarter. The stock has a 52-week-high of $9.35 and a 52-week-low of $3.95. At the end of the last trading period, BTRS Holdings closed at $9.31. Cantor Fitzgerald downgraded the previous rating for Shift Technologies Inc (NASDAQ:SFT) from Overweight to Neutral. For the second quarter, Shift Technologies had an EPS of $0.64, compared to year-ago quarter EPS of $0.41. At the moment, the stock has a 52-week-high of $3.85 and a 52-week-low of $0.60. Shift Technologies closed at $0.69 at the end of the last trading period. For C.H. Robinson Worldwide Inc (NASDAQ:CHRW), Citigroup downgraded the previous rating of Buy to Neutral. C.H. Robinson Worldwide earned $2.67 in the second quarter, compared to $1.44 in the year-ago quarter. The stock has a 52-week-high of $121.23 and a 52-week-low of $86.57. At the end of the last trading period, C.H. Robinson Worldwide closed at $97.49. Baird downgraded the previous rating for Norfolk Southern Corp (NYSE:NSC) from Outperform to Neutral. Norfolk Southern earned $3.45 in the second quarter, compared to $3.28 in the year-ago quarter. The stock has a 52-week-high of $298.99 and a 52-week-low of $209.59. At the end of the last trading period, Norfolk Southern closed at $218.93. JP Morgan downgraded the previous rating for Principal Financial Group Inc (NASDAQ:PFG) from Neutral to Underweight. For the second quarter, Principal Finl Gr had an EPS of $1.65, compared to year-ago quarter EPS of $1.70. The current stock performance of Principal Finl Gr shows a 52-week-high of $80.36 and a 52-week-low of $61.05. Moreover, at the end of the last trading period, the closing price was at $78.32. For Lyft Inc (NASDAQ:LYFT), RBC Capital downgraded the previous rating of Outperform to Sector Perform. In the second quarter, Lyft showed an EPS of $0.13, compared to $0.05 from the year-ago quarter. At the moment, the stock has a 52-week-high ...Full story available on Benzinga.com

VANCOUVER, British Columbia, Sept. 23, 2022 (GLOBE NEWSWIRE) -- Skeena Resources Limited (TSX: SKE; NYSE: SKE) (“Skeena” or the “Company”) today announced the closing of the previously announced bought deal offering of 5,702,479 common shares of the Company (the “Common Shares”) at a price of C$6.05 per Common Share (the "Offering Price") for gross proceeds of C$34,499,997 (the "Offering"), and which includes the exercise in full by the underwriters of their over-allotment option to purchase up to an additional 743,801 Common Shares at the Offering Price.