New York News
Skeena Resources Ltd. [SKE-TSX, NYSE] has emerged as significant shareholder of newly-listed Goldstorm Metals Corp [GSTM-TSXV], alongside Goldstorm director Helmut Finger.
Finger’s 21.3% interest has been disclosed after it was announced that Skeena holds a 9.9% stake in Goldstorm after participating in a non-brokered private placement that raised $3.9 million.
These announcements come after it was revealed last week that Eric Sprott holds shares and warrants representing 13.7% of the outstanding Goldstorm shares on a non-diluted basis.
Goldstorm is a spin out company that was set up to hold Tudor Gold Corp.s’ [TUD-TSXV, TUC-Frankfurt] 100% interest in six contiguous mineral properties located in British Columbia’s Golden Triangle region, to the south of Tudors flagship Treaty Creek project. These assets are collectively known as the Crown property.
The purpose of the spinout arrangement