FCMI Parent buying at Seabridge Gold (SEA)

FCMI Parent buying at Seabridge Gold (T:SEA)

FCMI Parent Co., a 10% Holder, acquired 400,000 Common Shares on a direct ownership basis at a price of $13.750 through a prospectus or prospectus exempt offering on April 27th, 2017. This represents a $5,500,000 investment into the company's shares and an account share holdings change of 12.0%.

Seabridge Gold is in the Integrated Mining Sub Industry Group under the Basic Materials Sector.

Seabridge Gold Inc. (Seabridge) is a development-stage company. The Company is engaged in the acquisition and exploration of gold properties located in North America. As of December 31, 2016, the Company owned six properties with gold resources. Its material properties are its Kerr-Sulphurets-Mitchell (KSM) Project and its Courageous Lake Project. Its KSM Project is located within the Iskut-Stikine region of British Columbia, approximately 21 kilometers south-southeast of the former Eskay Creek Mine and approximately 65 kilometers north-northwest of Stewart, British Columbia. As of December 31, 2016, the KSM property consisted of three discontinuous claim blocks. These claim blocks are referred to as the KSM claim group; the Seabee/Tina claims, and the KSM placer claim block. As of December 31, 2016, the two claim blocks (KSM and Seabee/Tina) contained two mineral leases and 73 mineral claims, consisting of both cell and legacy claims.