<SEC-DOCUMENT>0001171843-26-002064.txt : 20260331
<SEC-HEADER>0001171843-26-002064.hdr.sgml : 20260331
<ACCEPTANCE-DATETIME>20260331083506
ACCESSION NUMBER:		0001171843-26-002064
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		3
CONFORMED PERIOD OF REPORT:	20260331
FILED AS OF DATE:		20260331
DATE AS OF CHANGE:		20260331

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Skeena Resources Ltd
		CENTRAL INDEX KEY:			0001713748
		STANDARD INDUSTRIAL CLASSIFICATION:	GOLD & SILVER ORES [1040]
		ORGANIZATION NAME:           	01 Energy & Transportation
		EIN:				000000000
		STATE OF INCORPORATION:			A1
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-40961
		FILM NUMBER:		26817301

	BUSINESS ADDRESS:	
		ADDRESS IS A NON US LOCATION: 	YES
		STREET 1:		2600 - 1133 MELVILLE ST
		CITY:			VANCOUVER
		PROVINCE COUNTRY:   	A1
		ZIP:			V6E4E5
		BUSINESS PHONE:		(604) 684-8725

	MAIL ADDRESS:	
		ADDRESS IS A NON US LOCATION: 	YES
		STREET 1:		2600 - 1133 MELVILLE ST
		CITY:			VANCOUVER
		PROVINCE COUNTRY:   	A1
		ZIP:			V6E4E5
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>f6k_033126.htm
<DESCRIPTION>FORM 6-K
<TEXT>
<html><head><title></title></head><body style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"><div align="center"><div style="margin-top: 3pt; margin-bottom: 12pt;"><div style="font-size: 1pt; border-top: Black 2.5pt solid; border-bottom: Black 1.1pt solid; width: 100%;">&#160;</div></div><p style="font-size: 10pt;" align="center"><strong>UNITED STATES</strong><br /><strong>SECURITIES AND EXCHANGE COMMISSION</strong><br /><strong>Washington, D.C. 20549</strong></p><div style="margin: 3pt auto; width: 25%;"><div style="font-size: 1pt; border-top: Black 1pt solid;">&#160;</div></div><p style="font-size: 18pt; text-transform: uppercase;" align="center"><strong>Form 6-K</strong></p><p style="text-align: center;"><strong></strong></p><div style="margin: 3pt auto; width: 25%;"><div style="font-size: 1pt; border-top: Black 1pt solid;">&#160;</div></div><p style="text-align: center;"><strong>REPORT OF FOREIGN PRIVATE ISSUER </strong></p><p style="text-align: center;"><strong>Pursuant to Rule 13a-16 or 15d-16 of <br />the Securities Exchange Act of 1934</strong></p><p style="text-align: center;"><strong></strong><strong>For the month of March 2026</strong></p><div style="margin: 3pt auto; width: 25%;"><div style="font-size: 1pt; border-top: Black 1pt solid;">&#160;</div></div><p style="text-align: center;"><font style="font-size: 18pt;"><strong>SKEENA RESOURCES LIMITED</strong></font><br /><em><font style="font-size: 10pt;">(Translation of Registrant's name into English)</font></em></p><div style="margin: 3pt auto; width: 25%;"><div style="font-size: 1pt; border-top: Black 1pt solid;">&#160;</div></div><p style="text-align: center;"><strong>001-40961</strong> <br /><em>Commission File Number</em></p><p style="text-align: center;"><strong>1133 Melville Street, Suite 2600, Vancouver, British Columbia, V6E 4E5, Canada</strong><br /><em><strong>(Address of Principal Executive Offices)</strong></em></p><div style="margin: 3pt auto; width: 25%;"><div style="font-size: 1pt; border-top: Black 1pt solid;">&#160;</div></div></div><p>Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.</p><p style="text-align: center;">Form 20-F [&#160;&#160; ] &#160;&#160;&#160;&#160;&#160;Form 40-F [&#160;X ]</p><p>Exhibit 99.1 to this report, furnished on Form 6-K, is furnished, not filed, and will not be incorporated by reference into any registration statement filed by the registrant under the Securities Act of 1933, as amended.</p><p>&#160;</p><p>&#160;</p><!--<p>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): <u>&#160;&#160;&#160;&#160;&#160;&#160;&#160;</u></p><p><strong>Note:&#160;</strong>Regulation S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K if submitted solely to provide an attached annual report to security holders.</p><p>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): <u>&#160;&#160;&#160;&#160;&#160;&#160;&#160;</u></p><p><strong>Note:&#160;</strong>Regulation S-T Rule 101(b)(7) only permits the submission in paper of a Form 6-K if submitted to furnish a report or other document that the registrant foreign private issuer must furnish and make public under the laws of the jurisdiction in which the registrant is incorporated, domiciled or legally organized (the registrant's "home country"), or under the rules of the home country exchange on which the registrant's securities are traded, as long as the report or other document is not a press release, is not required to be and has not been distributed to the registrant's security holders, and, if discussing a material event, has already been the subject of a Form 6-K submission or other Commission filing on EDGAR.&#160;</p><hr style="page-break-after: always;" noshade="noshade" /><p> On March 31, 2026, the Registrant issued a press release, a copy of which is attached hereto as Exhibit 99.1 and is incorporated herein by reference. <br /><br />(c) Exhibit 99.1. Press release dated March 31, 2026</p><p></p>--><p><hr style="page-break-after: always;" noshade="noshade" /><p style="text-align: center;"><font style="font-size: 10pt;"><strong>EXHIBIT INDEX</strong></font></p><table style="font-size: 10pt;" border="0" cellspacing="0" cellpadding="0"><tr><td>&#160;</td><td width="20"><font style="font-size: 10pt;">&#160;</font></td><td><font style="font-size: 10pt;">&#160;</font></td></tr><tr><td style="vertical-align: top;"><font style="font-size: 10pt;"><a href="exh_991.htm">99.1</a></font></td><td width="20"><font style="font-size: 10pt;">&#160;</font></td><td style="vertical-align: top;"><font style="font-size: 10pt;"><a href="exh_991.htm">A copy of the registrant&#8217;s News Release dated March 31, 2026.</a> </font></td></tr></table><p>&#160;</p><hr style="page-break-after: always;" noshade="noshade" /><p style="font-size: 10pt;" align="center"><strong>SIGNATURES</strong></p><p>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.</p><table style="font: 10pt Times New Roman; width: 100%;" border="0" cellspacing="0" cellpadding="0"><tr style="vertical-align: top;"><td>&#160;</td><td colspan="2"><strong>SKEENA RESOURCES LIMITED</strong></td></tr><tr style="vertical-align: top;"><td style="width: 47%;">&#160;</td><td style="width: 6%;">&#160;</td><td style="text-align: left; width: 47%;">&#160;</td></tr><tr style="vertical-align: top;"><td>&#160;</td><td>&#160;</td><td style="text-align: left;"></td></tr><tr style="vertical-align: top;"><td>Date: March 31, 2026</td><td>By:</td><td style="border-bottom: Black 1pt solid; text-align: left;">/s/ Andrew MacRitchie</td></tr><tr style="vertical-align: top;"><td>&#160;</td><td>&#160;</td><td style="text-align: left;">Andrew MacRitchie</td></tr><tr style="vertical-align: top;"><td>&#160;</td><td>&#160;</td><td style="text-align: left;">Chief Financial Officer</td></tr><tr style="vertical-align: top;"><td>&#160;</td><td>&#160;</td><td style="text-align: left;"></td></tr></table></body></html>
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<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>exh_991.htm
<DESCRIPTION>PRESS RELEASE
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<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"><html lang="en-US"><head><title>EdgarFiling</title><meta content="text/html; charset=windows-1252" ><meta name="GENERATOR" content="MSHTML 8.00.7601.18094" ></head><body bgcolor="#ffffff"><p style="text-align: right;"><strong>EXHIBIT 99.1</strong></p><p style="text-align: left;"><font style="font-size: 14pt;"><strong><img src='exh991small_1.jpg' alt='logo' > </strong></font></p><p style="text-align: center;"><font style="font-size: 14pt;"><strong>Skeena Gold & Silver Announces Proposed USD$750 Million Senior Secured Notes Offering to Refinance Former Project Financing and to Fund Partial Buyback of Existing Gold Stream</strong></font></p><p style="text-align: center;"><strong></strong></p><p>
 <p>VANCOUVER, British Columbia, March  31, 2026  (GLOBE NEWSWIRE) -- Skeena Resources Limited (TSX: SKE, NYSE: SKE) (&#8220;Skeena Gold &amp; Silver&#8221;, &#8220;Skeena&#8221; or the &#8220;Company&#8221;) is pleased to announce its intention to offer and sell US$750 million aggregate principal amount of Senior Secured Notes due 2031 (the &#8220;Notes&#8221;), subject to market and other conditions (the &#8220;Offering&#8221;). All references to dollars ($) in this news release are in United States (&#8220;US&#8221;) dollars.</p>  <p align="justify">The Notes will be fully and unconditionally guaranteed by certain of the Company&#8217;s subsidiaries relating to its Eskay Creek project and will be secured by a first priority lien on certain of the Company&#8217;s and the guarantors&#8217; property, including equity interests, the Segregated Accounts (as defined below) and interests in the Eskay Creek project.</p>  <p align="justify">Skeena intends to use approximately US$184 million of the proceeds from the Offering to fund the Stream Buy-Down; an estimated US$100 million to fund an interest reserve account, which is expected to contain an amount equal to the first three semi-annual interest payments due under the Notes; and the remaining proceeds to fund a disbursement account with funds to be used to advance the Eskay Creek project, to pay certain fees and expenses and to add cash to Skeena&#8217;s balance sheet for, among other things, general corporate purposes.</p>  <p align="justify">Pursuant to an agreement between Skeena and the stream purchasers under the Company&#8217;s existing US$200 million gold stream (the &#8220;Stream Purchasers&#8221;), Skeena intends to buy down the Stream Agreement (as defined below) by making a lump-sum payment of approximately US$184 million to the Stream Purchasers in exchange for a reduction of the stream percentage deliverable from production at the Eskay Creek Project to the Stream Purchasers by 66.67%.</p>  <p align="justify">In connection with the Offering and the Stream Buy-Down, the Company has entered into an amended stream agreement (the &#8220;Stream Agreement&#8221;) with Orion and certain of its affiliates to facilitate the Offering and related transactions. The amendments include, among other things, the termination of the availability of the stream cost over-run facility and amendments to certain liquidity and reporting covenants.</p>  <p align="justify">In addition, the Company intends to cancel its existing US$350 million senior secured term loan (the &#8220;Term Loan&#8221;) and cost over-run facility under the Stream Agreement concurrently with the completion of the Offering and the Stream Buy-Down. The Term Loan and cost over-run facility are currently undrawn, and the Company does not expect to incur any fees in connection with the cancellations. Completion of the Term Loan and cost over-run facility cancellations and Stream Buy-Back are subject to the successful completion of the Offering and each other.</p>  <p align="justify">The Offering and use of proceeds therefrom for the related refinancing is intended to improve the Company&#8217;s future operating margins, increase its exposure to gold prices and future production, and enhance overall project economics for the Eskay Creek project.</p>  <p align="justify">The Notes will be offered and sold in the United States only to persons reasonably believed to be qualified institutional buyers in accordance with Rule 144A under the United States Securities Act of 1933, as amended (the &#8220;Securities Act&#8221;), and to non-U.S. persons outside the United States pursuant to Regulation S under the Securities Act. The Notes will be offered and sold in Canada on a private placement basis pursuant to applicable Canadian prospectus exemptions.</p>  <p align="justify">The offer and sale of the Notes have not been and will not be registered under the Securities Act or any state securities laws and the Notes may not be offered or sold in the United States or to U.S. persons absent registration or an applicable exemption from the registration requirements of the Securities Act and applicable state securities laws. This news release shall not constitute an offer to sell or the solicitation of an offer to buy the Notes, nor shall there be any offer or sale of the Notes in any jurisdiction in which such offer, solicitation or sale would be unlawful.</p>  <p><strong>About Skeena</strong></p>  <p align="justify">Skeena is a leading precious metals development company focused on advancing the Eskay Creek Gold-Silver Project in British Columbia&#8217;s Golden Triangle. With the Project fully permitted and under construction, the Company is progressing Eskay Creek towards initial production and cash flow in the second quarter of 2027. Once in operation, Eskay Creek is expected to be one of the world&#8217;s highest-grade and lowest-cost open-pit precious metals mines, with significant silver by-product production that exceeds the output of many primary silver mines. Skeena is committed to responsible and sustainable mining in partnership with Indigenous communities, while maximizing the value of its mineral resources to generate long-term shareholder returns.</p>  <p>On behalf of the Board of Directors of Skeena Gold &amp; Silver,</p> <table style="width:80%; border-collapse:collapse !important;;border-collapse: collapse; "><tr><td class="hugin" style="max-width:50%; width:50%; min-width:50%;"><strong>Walter Coles<br ></strong>Executive Chairman<br ></td><td class="hugin" style="max-width:50%; width:50%; min-width:50%;"><strong>Randy Reichert<br ></strong>President &amp; CEO<br ></td></tr><tr><td class="hugin">&#160;</td><td class="hugin">&#160;</td></tr></table> <p><strong>For further information, please contact:</strong><br ><strong>Galina Meleger</strong><br >Vice President Investor Relations <br >E: info@skeenagold.com <br >T: 604-684-8725</p>  <p>Skeena&#8217;s Corporate Head office is located at Suite #2600 &#8211; 1133 Melville Street, Vancouver BC V6E 4E5</p>  <p><strong>Cautionary note regarding forward-looking statements </strong><br >Certain statements and information contained or incorporated by reference in this news release constitute &#8220;forward-looking information&#8221; and &#8220;forward-looking statements&#8221; within the meaning of applicable Canadian and United States securities legislation (collectively, &#8220;forward-looking statements&#8221;). These forward-looking statements relate to future events or our future performance. The use of words such as &#8220;anticipates&#8221;, &#8220;believes&#8221;, &#8220;proposes&#8221;, &#8220;contemplates&#8221;, &#8220;generates&#8221;, &#8220;targets&#8221;, &#8220;is projected&#8221;, &#8220;is planned&#8221;, &#8220;considers&#8221;, &#8220;estimates&#8221;, &#8220;expects&#8221;, &#8220;is expected&#8221;, &#8220;potential&#8221; and similar expressions, or statements that certain actions, events or results &#8220;may&#8221;, &#8220;might&#8221;, &#8220;will&#8221;, &#8220;could&#8221;, or &#8220;would&#8221; be taken, achieved, or occur, may identify forward-looking statements. All statements other than statements of historical fact are forward-looking statements. Specific forward-looking statements contained herein include, but are not limited to, statements relating to the completion and timing of the Offering and the intended use of proceeds from the Offering, including the estimated breakdown of proceeds for the uses described herein, the Company&#8217;s plans to complete the Stream Buy-Down and to cancel the Term Loan and cost over-run facility, project development plans and future performance. Such forward-looking statements represent our management&#8217;s expectations, estimates and projections regarding future events or circumstances on the date the statements are made, and are necessarily based on several estimates and assumptions that, while considered reasonable by us as of the date hereof, are not guarantees of future performance. Actual events and results may differ materially from those described herein, and are subject to significant operational, business, economic, and regulatory risks and uncertainties.</p>  <p>The risks and uncertainties that may affect the forward-looking statements in this news release include, among others, risks and uncertainties relating to: general economic conditions and credit availability; actual results of current exploration activities; unanticipated reclamation expenses; changes in project parameters as plans continue to be refined;&#160;fluctuations in prices of metals; fluctuations in foreign currency exchange rates; increases in market prices of mining consumables; possible variations in mineral reserves, grade or recovery rates; failure of plant, equipment or processes to operate as anticipated; accidents, labor disputes, title disputes, claims and limitations on insurance coverage and other risks of the mining industry; negotiation of agreements necessary to interconnect infrastructure for mining operations, including delays in reaching an agreement or costs associated with alternatives; delays in obtaining governmental approvals or financing or in the completion of development or construction activities; changes in national and local government regulation of mining operations, tax rules and regulations and political and economic developments in the countries in which we operate; actual resolutions of legal and tax matters; the lack of an established trading market for any securities other than for our common shares; new diseases and epidemics; conflicts in Europe and the Middle East; the geopolitical risks associated with contracting into regions or countries that are potential concentrate customers, including China; negative operating cash flow; variation in our use of net proceeds from the Offering or circumstances that may result in such a change; loss of investment; smelter terms being market dependent and less favorable in the future, negatively affecting project economics; the possible future restriction of export of certain minerals (especially critical minerals) to other jurisdictions, limiting the choice of smelters available to process our material; securities class action litigation; publication of inaccurate or unfavorable research about our business; the difficulty in enforcing U.S. judgments against us; risks relating to the Notes; and a lack of an active trading market for the notes, and other risk factors identified in the Company&#8217;s Management&#8217;s Discussion and Analysis for the year ended December 31, 2025, the Company&#8217;s Annual Information Form dated March 24, 2026, and in the Company&#8217;s other periodic filings with securities and regulatory authorities in Canada and the United States that are available on SEDAR+ at www.sedarplus.ca or on EDGAR at www.sec.gov. Although we have attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking statements, there may be other factors that cause results to not be as anticipated, estimated or intended. There can be no assurance that such forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such forward-looking statements. Accordingly, readers should not place undue reliance on such forward-looking statements. Any forward-looking statement speaks only as of the date on which it is made and the Company does not undertake any obligations to update and/or revise any forward-looking statements except as required by applicable securities laws. All of the forward-looking statements in this news release are qualified by this cautionary note.</p> <p></p></body></html>
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end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
