Seabridge Gold Inc Provides Update On Courageous Lake Project Spin-Out

Jan 21 (Reuters) - Seabridge Gold Inc SEA.TO:

• SEABRIDGE GOLD INC: PROVIDES UPDATE ON COURAGEOUS LAKE PROJECT SPIN-OUT

• SEABRIDGE GOLD INC: ADVANCING STRUCTURE WHEREBY ALL SHARES IN VALOR GOLD CORP, SPIN-OUT ENTITY, WOULD BE DISTRIBUTED TO SEABRIDGE SHAREHOLDERS

• SEABRIDGE GOLD : VALOR WILL BE SEEKING LISTING ON TSX AND OTCQB VENTURE MARKET (USA) AND WILL CONSIDER SEEKING NYSE LISTING AT LATER DATE

• SEABRIDGE GOLD : PLANNING TO SPIN-OUT VALOR WITH C$10 MILLION OF CASH IN ITS TREASURY TO FUND ANTICIPATED WORK PROGRAMS AND CORPORATE G&A

Source text: [ID:n0001062993-26-000356]