Seabridge Gold Inc at Red Cloud Securities Pre-PDAC Mining Showcase (Virtual) Transcript

Mar 03, 2022 / 08:20PM GMT
Operator

Our next presenter this afternoon, we're very fortunate to have already the Chairman and CEO of Seabridge Gold. Seabridge Gold has had a series of major strategic announcements this week that we're really, really excited to have Rudi discuss with us here today. Rudi you have about 15 minutes for your presentation and then about five minutes for the Q&A at the end. Please go ahead.

Rudi P. Fronk - Seabridge Gold Inc. - Chaiman & CEO

Thanks, [Birsal]. I'll tried to move it faster than 15 minutes, although with the news we have, I might get bogged down a bit because it's pretty exciting.

So, we had two major announcements this week. One was we've secured $225 million US for about $285 million Canadian from Sprott royalties in Ontario Teachers that will be used to advance them and move forward substantial start activities at KSM to ensure that the permits we have in place are good for the life of the project by eve they won't expire; and then second, we also announced an agreement with BC Hydro. BC Hydro is the one that built the power line going

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