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Associated Press
29-05-2025
- Business
- Associated Press
Seabridge Files Responses to Petitions Challenging KSM's Substantially Started Designation
Toronto, Ontario--(Newsfile Corp. - May 29, 2025) - Seabridge Gold Inc. (TSX: SEA) (NYSE: SA) ('Seabridge' or the 'Company') reported today it has filed its responses in BC Supreme Court to petitions challenging the Environmental Assessment Office's ('EAO') decision granting Seabridge Gold's KSM project Substantially Started ('SS') Designation. On July 29, 2024, the EAO determined that Seabridge's KSM project had been substantially started, ensuring that the project's Environmental Assessment Certificate is no longer subject to expiry. Our submissions further strengthen and broaden the Responses that had been filed by the BC Government in late April 2025, detailing the extent of our engagement with the petitioners in support of our SS application and the previously granted Provincial, Federal, and Nisga'a environmental approvals. Seabridge's extensive engagement with the TSKLH and the funding support we have provided to the TSKLH (one of the petitioners) was initiated in 2007 and has continued to be available ever since, including during the period of review of our application for an SS determination. The TSKLH have been included in all reviews of Seabridge's regulatory applications and participated to the extent they decided warranted, with funding support, contrary to their assertions. Our responses also support BC's position on why granting the SS Designation was not unreasonable. The Petitions, the Responses from Seabridge and the BC Government and our related news releases can be found here. The parties have scheduled the period from September 22 to September 29, 2025 for the court hearing. Seabridge CEO Rudi Fronk stated 'our team's engagement and work in support of advancing KSM has been exemplary, especially while striving to achieve the SS determination. I am confident that our Responses, and those of the BC Government, provide strong support that the EAO's decision to grant the SS Designation was indeed procedurally fair and not unreasonable. Resolving this issue will facilitate the next steps in project development beyond this year's extensive work schedule. While this legal process continues, the SS Designation remains in effect.' About Seabridge Gold Seabridge holds a 100% interest in several North American gold projects. Seabridge's principal asset, the KSM project, and its Iskut project, are located in Northwest British Columbia, Canada's 'Golden Triangle', the Courageous Lake project is located in Canada's Northwest Territories, the Snowstorm project in the Getchell Gold Belt of Northern Nevada and the 3 Aces project in the Yukon Territory. For a full breakdown of Seabridge's Mineral Reserves and Mineral Resources by category please visit the Company's website at ON BEHALF OF THE BOARD 'Rudi Fronk' Chairman & C.E.O. For further information please contact: Rudi P. Fronk, Chairman and C.E.O. Tel: (416) 367-9292 • Fax: (416) 367-2711 Email: [email protected] To view the source version of this press release, please visit
Yahoo
13-05-2025
- Business
- Yahoo
Seabridge Gold Files First Quarter Financial Statements and MD&A
Toronto, Ontario--(Newsfile Corp. - May 13, 2025) - Seabridge Gold (TSX: SEA) (NYSE: SA) announced today that it has filed its Interim Financial Statements and Management's Discussion and Analysis for the three-month period ended March 31, 2025 on SEDAR+ ( These statements are also available on Seabridge's website at Seabridge's Q1 2025 Report to Shareholders can be found here. Recent Highlights Secures US$100 million in new financings including US$20 million from a strategic investor 2025 field programs underway at KSM Issues 2024 report card and 2025 corporate objectives BC Government files responses to petitions challenging KSM's substantially started designation Fully funded exploration programs planned at Iskut and 3 Aces Gold price hits all-time high at US$3,500 per ounce Financial Results During the first quarter of 2025, Seabridge posted net earnings of $10.6 million ($0.11 per share) compared to a net loss of $8.2 million ($0.09 per share) for the same period in 2024. During the first quarter of 2025, Seabridge invested $14.3 million in mineral interests, property and equipment compared to $39.3 million invested in the first quarter of 2024. The working capital position increased by $110.9 million, from $37.8 million on December 31, 2024 to $148.7 million on March 31, 2025. Seabridge holds a 100% interest in several North American gold projects. Seabridge's assets include the KSM and Iskut projects located in northwest British Columbia, Canada's "Golden Triangle", the Courageous Lake project located in Canada's Northwest Territories, the Snowstorm project in the Getchell Gold Belt of Northern Nevada and the 3 Aces project set in the Yukon Territory. For a full breakdown of Seabridge's mineral reserves and mineral resources by category please visit Seabridge's website at None of the Toronto Stock Exchange, New York Stock Exchange, or their Regulation Services Providers accepts responsibility for the adequacy or accuracy of this release. ON BEHALF OF THE BOARD"Rudi Fronk" Chairman and C.E.O. For further information please contact:Rudi P. Fronk, Chairman and (416) 367-9292 • Fax: (416) 367-2711Email: info@ To view the source version of this press release, please visit Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
26-02-2025
- Business
- Yahoo
Seabridge Gold Reports on 2024 Corporate Objectives
Toronto, Ontario--(Newsfile Corp. - February 26, 2025) - For more than 20 years, Seabridge Gold (TSX: SEA) (NYSE: SA) has set and published annual objectives and reported on the results at the end of each year which we call our report card. For 2024, the Company set fifteen specific objectives which were published in April 2024. Were we successful? See our 2024 Report Card. Seabridge holds a 100% interest in several North American gold projects. Seabridge's principal assets, the KSM project, and its Iskut project are located in British Columbia, Canada's "Golden Triangle", the Courageous Lake project is in Canada's Northwest Territories, the Snowstorm project in the Getchell Gold Belt of Northern Nevada and the 3 Aces project set in the Yukon Territory. For a full breakdown of Seabridge's mineral reserves and mineral resources by category please visit the Company's website at Neither the Toronto Stock Exchange, New York Stock Exchange, nor their Regulation Services Providers accepts responsibility for the adequacy or accuracy of this release ON BEHALF OF THE BOARD"Rudi Fronk"Chairman and C.E.O. For further information please contact:Rudi P. Fronk, Chairman and (416) 367-9292 • Fax: (416) 367-2711Email: info@ To view the source version of this press release, please visit
