SCHEDULE: Helikon Investments Discloses 13.07% Stake in Skeena Resources

Helikon Investments Limited and Federico Riggio have disclosed a shared beneficial ownership of 13.07% in Skeena Resources Ltd., totaling 15,828,709 common shares.

Summary

• Helikon Investments Limited, a United Kingdom public limited company, and Federico Riggio, an Italian citizen, jointly reported beneficial ownership of Skeena Resources Ltd. common shares.
• The reporting persons collectively own 15,828,709 common shares of Skeena Resources Ltd.
• This ownership represents 13.07% of the company's outstanding common shares, calculated based on 121,093,335 shares outstanding.
• Helikon Investments Limited acts as an investment adviser, managing the Helikon Long Short Equity Fund Master ICAV, which holds the shares.
• Federico Riggio is associated with the Helikon Fund and is also a reporting person.
• The shares are held in the ordinary course of business and not for the purpose of changing or influencing the control of Skeena Resources Ltd.

Sentiment

Score: 5

Explanation: The filing is a standard ownership disclosure (Schedule 13G Amendment), which is neutral in sentiment. It reports a significant, but not new, stake, indicating ongoing investment without explicit positive or negative operational news.

Future Outlook

NA

Management Comments

• The securities were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities.

Industry Context

This filing is a routine disclosure of a significant ownership stake by an investment firm in a publicly traded company. It does not provide specific industry-related insights but indicates continued investment interest in Skeena Resources Ltd., which operates in the mining sector.

Stakeholder Impact

• Shareholders: Provides transparency regarding a significant institutional holder's stake, which can influence market perception and liquidity.

Key Dates

Keywords

Skeena Resources Ltd, Helikon Investments Limited, Federico Riggio, Beneficial Ownership, Schedule 13G, Common Shares, Investment Adviser, Mining, Gold, Silver