Seabridge Gold is trading 4.1% up today at $25.80, extending yesterday’s move after announcing a new US$100 million unsecured, short-term loan facility with a strategic investor to support its KSM project in British Columbia.
- The financing strengthens liquidity for 2026 KSM road building and technical programs, which are essential for advancing feasibility-level design and engineering.
- Investors are reacting positively to the improved funding visibility and the continued development of the company's flagship asset.
- The unsecured facility provides the necessary capital to maintain the project's momentum without immediate equity dilution.