HEIDELBERG, Germany, Sept. 24, 2019 (GLOBE NEWSWIRE) -- Deutsche Balaton Aktiengesellschaft (“DB”) has filed an updated early warning report (the “Report”) announcing, together with its Joint Actors (DB and the Joint Actors together the “Group”), the control of 13,694,610 common shares of Skeena Resources Limited (the “Company”) representing a 1.7% increase in the Group’s shareholdings in the Company.
Prior to the update, the Group had announced that it held directly or indirectly, beneficial ownership of, or the power to exercise control or direction over 11,736,610 common shares representing 10.5% of all of the issued and outstanding common shares of the Company prior to the placement.
As a result of the update, the Group has amended its previous filing to indicate that it held, directly or indirectly, beneficial ownership of, or the power to exercise control or direction over, 13,694,610 common shares representing 12.2% of the issued and outstanding common shares of the Company.
The Group may, depending on various factors including, without limitation, market and other conditions, increase or decrease his beneficial ownership, control or direction over Shares or other securities of the Issuer, through market transactions, private agreements, treasury issuances, exercises of convertible securities or otherwise.
For further details relating to the disposition, please see the Report, which was filed in accordance with applicable securities laws, a copy of which is available under the Company’s profile on the SEDAR website at www.sedar.com, or may be obtained from Deutsche Balaton AG, Rolf Birkert (CEO / Member of the Board), +49 6221 649240, info@deutsche-balaton.de.