Seabridge Gold announces agreement for at-the-market offering

22 January 2021

Seabridge Gold Inc. announces that it has entered into a Controlled Equity OfferingSM Sales Agreement dated January 22, 2021 with Cantor Fitzgerald & Co. and B. Riley Securities, Inc. Pursuant to the Sales Agreement, the Company will be entitled, at its discretion and from time-to-time during the term of the Sales Agreement, to sell, through the Lead Agent, such number of common shares of the Company that would result in aggregate gross proceeds to the Company of up to US$75 million. Sales of the Common Shares, if any, will be made in "at the market distributions", as defined in National Instrument 44-102 – Shelf Distributions, directly on the New York Stock Exchange or on any other existing trading market in the United States. No offers or sales of Common Shares will be made in Canada through the facilities of the Toronto Stock Exchange or other trading markets.