Eaglestone Completes Strategic Acquisition Of Commonwealth Electrical Technologies, A Leading Solar, Energy Efficiency And Electrical Subcontractor

Jan 13, 2022•over 3 years ago

Acquiring Company

Skeena Resources

Acquired Company

Commonwealth Electrical Technologies

VancouverSportsNatural ResourcesEnergySustainability

Description

Eaglestone, LLC ("Eaglestone"), a portfolio company of Aterian Investment Partners ("Aterian"), is pleased to announce a strategic partnership with Commonwealth Electrical Technologies, Inc. ("CET" or the "Company").

Company Information

Company

Skeena Resources

Location

Howard Street

Vancouver, Washington, United States

About

Skeena Resources Limited is a Canadian mining exploration and development company focused on revitalizing the past-producing Eskay Creek gold-silver mine located in Tahltan Territory in the Golden Triangle of northwest British Columbia, Canada. The Company released a Feasibility Study for Eskay Creek in September 2022 which highlights an open-pit average grade of 4.00 g/t AuEq, an after-tax NPV5% of C$1.4B, 50% IRR, and a 1-year payback at US$1,700/oz Au and US$19/oz Ag. Skeena is currently continuing exploration drilling at Eskay Creek.

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