Racquet Club of Philadelphia
215 S. 16th Street
Philadelphia, PA 19102
Date: Monday, May 20th at 11:30 am to 1:00 pm
Ticker Symbol: TSX:SEA | NYSE:SA
Market Capitalization: ~C$1.0 billion
52-Week High/Low: C$19.84 / C$12.61
Balance Sheet: ~C$35M cash & ST investments, no debt (as at June 30, 2018)
Top Shareholders: Pan Atlantic Bank (~10.5%), Innocap (~8.3%), FCMI (~6.6%), Van Eck (~5.9%), Kopernik (~2.8%), Van Den Berg (~2.8%), FMR (~2.6%)
Seabridge Gold holds a 100% interest in several North American gold projects. The Company’s principal assets are the KSM Project and Iskut Project located near Stewart, British Columbia, Canada and the Courageous Lake gold project located in Canada’s Northwest Territories.
The Company’s flagship KSM project in British Columbia is one of the largest undeveloped gold projects in the world with untapped reserves of ~39 Moz of gold, ~10 Blbs of copper, ~180 Moz of silver and ~200 Mlbs of molybdenum (~65 Moz AuEq). This resource is expected to grow in 2019.
Insiders own >30% of the shares outstanding on top of strong institutional support such as National Bank, Century Management, Van Eck, Weiss, TD Bank, Sprott, Fidelity and Paulson & Co. (~25%).
