On July 31, 2019 Skeena Resources Limited amended the terms and closed the transaction. The company has raised a total proceeds of CAD 5,032,070 together with the first tranche.

On the same day the company completed its second and final tranche by issuing 3,169,784 flow through shares at a price of CAD 0.485 per share for a gross proceeds of CAD 1,537,345. The company paid a finders fee of CAD 82,225. The securities issued are subject to a hold period of four months and one day from the date of closing.