Seabridge Gold (TSE:SEA) has released an update.
Seabridge Gold reported a net loss of $29.3 million for 2023, a significant increase from the previous year, primarily due to a non-cash loss from remeasurement of its Secured Note liabilities. The company continued to invest in its mineral interests, with expenditures rising to $69.7 million. Seabridge Gold’s principal assets, including the KSM and Iskut projects in British Columbia, remain key to their portfolio.
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