Aug. 8, 2014
/PRNewswire/ - Seabridge Gold Inc. ("
") (TSX:SEA) (NYSE:SA) announced that it has acquired, on behalf of its wholly-owned subsidiary, Seabridge Gold Corporation, 2,896,000 common shares (the "
") of Calico Resources Corp. ("
") (TSX-V: CKB) upon exercise of 2,896,000 Special Warrants of Calico.
The Acquired Shares represent 4.4% of the outstanding shares of Calico. In total, Seabridge now owns and controls 13,859,477 common shares of Calico, representing 21.2% of the outstanding common shares.
The Acquired Shares were issued in a private transaction.
Seabridge does not presently intend to make further investments in Calico.
A copy of the related early warning report filed with the
and Alberta Securities Commissions may be obtained from the SEDAR website (
) or by contacting
of Seabridge at (416) 367-9292.
About Seabridge Gold Inc.
Seabridge holds a 100% interest in several North American gold projects. The company's principal assets are the KSM property located near
Stewart, British Columbia
, Canada and the Courageous Lake gold project located in
. For more information, visit
ON BEHALF OF THE BOARD
Chairman & CEO
SOURCE Seabridge Gold Inc.