Seabridge Gold Inc 6-K, filed Mar 25, 2021
Seabridge Gold Inc (SA)
About this 6-K
Seabridge Gold Inc filed this 6-K on March 25, 2021.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.
20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR
15d-16 UNDER
THE SECURITIES EXCHANGE ACT OF 1934
For the month of March 2021
Commission File Number 1-32135
SEABRIDGE GOLD INC.
(Name
of Registrant)
106 Front Street East, Suite 400, Toronto, Ontario, Canada
M5A 1E1
(Address of Principal Executive Office)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F [ ] Form 40-F [X]
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): [ ]
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): [ ]
Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes[ ] No [X]
If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82- _______________
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| Seabridge Gold Inc. | ||
| (Registrant) | ||
| By: | /s/ Chris Reynolds | |
| Name: | Chris Reynolds | |
| Title: | VP Finance and CFO | |
| Date: March 24, 2021 | ||
EXHIBITS
| Exhibit | Description | |
| 99.1 | News Release dated March 24, 2021 |
News Release
| Trading Symbols: TSX: SEA | For Immediate Release |
| NYSE: SA | March 24, 2021 |
Seabridge Gold Files 2020 Year End
Audited Financial Statements and MD&A
Toronto, Canada… Seabridge Gold announced today that it has filed its Audited Consolidated Financial Statements and its Management's Discussion and Analysis for the year ended December 31, 2020 on SEDAR (www.sedar.com) and are available on the Company's website at www.seabridgegold.com. Seabridge's Form 40-F will be filed with the SEC on EDGAR (www.sec.gov/). The Company's Shareholders may, upon request, receive a hard copy of the Company's complete 2020 audited consolidated financial statements free of charge. To review these documents on the Company's website, please see https://www.seabridgegold.com/investors/financial-reports.
In 2020 Seabridge posted a net loss of $14.9 million ($0.23 per share) compared to a loss of $11.6 million ($0.19 per share) in 2019. During 2020, Seabridge invested $166 million in mineral interests, including the acquisition of the Snowfield deposit in December and 3 Aces project in June, compared to $30 million during 2019. The Company's working capital position as at December 31, 2020, was $36 million, significantly above the $12.5 million as at December 31, 2019.
Seabridge holds a 100% interest in several North American gold projects. Seabridge's principal assets are the KSM and Iskut projects located near Stewart, British Columbia, Canada, the Courageous Lake project located in Canada's Northwest Territories, the Snowstorm project in the Getchell Gold Belt of Northern Nevada and the 3 Aces project located in the Yukon Territory. For a full breakdown of Seabridge's mineral reserves and mineral resources by category please visit Seabridge's website at http://www.seabridgegold.com.
Neither the Toronto Stock Exchange, New York Stock Exchange, nor their Regulation Services Providers accepts responsibility for the adequacy or accuracy of this release.
ON BEHALF OF THE BOARD
"Rudi Fronk"
Chairman and C.E.O.
For further information please contact:
Rudi P. Fronk, Chairman and C.E.O.
Tel: (416) 367-9292 • Fax: (416) 367-2711
Email: info@seabridgegold.com
106 Front Street East, Suite 400, Toronto, ON M5A 1E1, Canada
Telephone: 416-367-9292 www.seabridgegold.com