April 21, 2015

Skeena Announces $4 Million Private Placement Financing

NR: 15-05

Skeena Resources Limited (TSX.V: SKE) ("Skeena" or the "Company") intends to raise $4 million in a non-brokered private placement financing, on a best efforts basis, by the issuance of Flow Through shares and Non-Flow Through shares, subject to regulatory approval. Each Flow Through share will be priced at $0.08 CDN per share and each Non-Flow Through share will be priced at $0.06 CDN per share. Shares issued under this financing will be subject to a hold period of 4 months and one day from the closing date of the offering. Finders' fees may be payable to qualified agents on a portion of the funds raised in accordance with Exchange regulations.

The net proceeds from this financing are intended for a 10,000-12,000 metre diamond drill program on the Spectrum project in northwest British Columbia, as well as for general corporate purposes.


Walt Coles Jr., President & CEO

Neither TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release

For Further Information Contact: Walt Coles Jr., President & CEO or Tony Perri -- Investor Relations, Manager
Suite 611, 675 W. Hastings St. Vancouver, B.C., Canada V6B 1N2
Tel: (604) 684-8725 Fax: (604) 669-2543 Email: tperri@skeenaresources.com

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