HEIDELBERG, Germany, Sept. 19, 2025 — On September 18, 2024, Deutsche Balaton Aktiengesellschaft (“DB”) sold a single Common Share of Skeena Resources Limited (TSX: SKE), referred to as the “Issuer,” via the TSX Exchange for $24.23. This transaction accounts for a minor change of 0.000001% in the Issuer’s total issued and outstanding Common Shares.
Before this transaction, DB and the Joint Actors collectively held 10,907,430 Common Shares, equating to 9.4818% of the Issuer’s issued and outstanding Common Shares. Following the transaction, their combined holdings amount to 10,907,429 Common Shares, which still represents 9.4818% of the Issuer’s issued and outstanding Common Shares.
This sale was conducted to support general working capital. Pursuant to relevant securities legislation, DB and the Joint Actors retain the right to alter their beneficial ownership, control, or direction over the Issuer’s Common Shares or other securities. Such adjustments may occur through various means, including market transactions, private arrangements, treasury issuances, convertible security exercises, or other methods, subject to market and other prevailing conditions.
DB is a German-registered entity primarily engaged in investing its own capital.
For additional information regarding this matter, please refer to the Early Warning Report filed in compliance with applicable securities laws. A copy of this report is accessible on the SEDAR+ website, www.sedarplus.ca, under the Company’s profile, or can be obtained directly from Deutsche Balaton Aktiengesellschaft, Ziegelhaeuser Landstrasse 3, 69120 Heidelberg, Germany, by calling +49 6221 649240, or emailing info@deutsche-balaton.de.
