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German Balaton Corporation Files Early Warning Report Disclosure

On the 18th of September, 2024, Deutsche Balaton Aktiengesellschaft (DB) sold a Common Share of Skeena Resources Limited (TSX: SKE) for $24.23 via the TSX Exchange. This transaction equated to a minimal 0.000001% of the total issued and outstanding Common Shares...

German company Deutsche Balaton AG submits Early Warning notice
German company Deutsche Balaton AG submits Early Warning notice

German Balaton Corporation Files Early Warning Report Disclosure

In a recent transaction, Deutsche Balaton Aktiengesellschaft, a German-based company, sold one common share of Skeena Resources Limited (TSX: SKE) for a consideration of $24.23. The sale was made through the facilities of the TSX Exchange and in accordance with applicable securities laws.

The Early Warning Report related to this transaction was filed and can be found on the SEDAR+ website. The report provides further details about the Skeena Resources Limited transaction. It should be noted that the sale did not significantly alter DB and the Joint Actors' overall ownership of Skeena Resources Limited.

Immediately following the transaction, DB and the Joint Actors held 10,907,429 Common Shares, representing 9.4818% of the issued and outstanding Common Shares of Skeena Resources Limited. This represents a change of 0.000001% of the issued and outstanding Common Shares of Skeena Resources Limited.

DB's principal business is investing its own funds. The transaction was made for general working capital purposes. DB, along with the Joint Actors, may, under certain conditions, increase or decrease their beneficial ownership, control or direction over Common Shares or other securities of Skeena Resources Limited.

The Early Warning Report was released by GlobeNewswire via QuoteMedia. For more information about Deutsche Balaton Aktiengesellschaft, you can contact them at Ziegelhaeuser Landstrasse 3, 69120 Heidelberg, Germany, +49 6221 649240, or email them at [email protected]. The report can also be obtained directly from Deutsche Balaton Aktiengesellschaft.

Prior to the transaction, DB and the Joint Actors held 10,907,430 Common Shares, but no new facts were provided in the current paragraph about the change in ownership or the transaction itself. The search results do not specify the name of the group that, together with Deutsche Balaton Aktiengesellschaft, is called 'Joint Actors'.

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