HEIDELBERG, Germany, July 02, 2024 — On June 28, 2024, Deutsche Balaton Aktiengesellschaft (“DB”) purchased 10,500 Common Shares of Skeena Resources Limited (TSX: SKE) (“Issuer”) on the open market at an average price of C$7.049143 per Common Share. This represents 0.01% of the issued and outstanding Common Shares of the Issuer.
Before this purchase, DB and the Joint Actors collectively held 10,896,930 Common Shares, representing 10.25% of the issued and outstanding Common Shares of the Issuer. Following the purchase, DB and the Joint Actors together own 10,907,430 Common Shares, representing 10.26% of the issued and outstanding Common Shares of the Issuer.
In accordance with relevant securities laws, DB and the Joint Actors may, depending on various factors including, but not limited to, market and other conditions, increase or decrease their beneficial ownership, control or direction over Common Shares or other securities of the Issuer, through market transactions, private agreements, treasury issuances, exercises of convertible securities or otherwise.
DB was established under German law and its primary business is to invest its own funds.
For more details about the above, please refer to the Early Warning Report filed in accordance with applicable securities laws. A copy of this report is available on the SEDAR+ website at www.sedarplus.ca under the Company’s profile. You can also obtain a copy from Deutsche Balaton Aktiengesellschaft, Ziegelhaeuser Landstrasse 3, 69120 Heidelberg, Germany, Alexander Link (Member of the Board), +49 6221 649240, info@deutsche-balaton.de.
