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Kitco News
(Kitco News) – “The main use of proceeds is to make deposits to the Canada Revenue Agency (CRA) which cover potential tax liabilities stemming from re-assessments of its Canadian Exploration Expenses by the CRA as disclosed in the company’s 2018 and 2019 financial statements. Making the deposits enables Seabridge to proceed with its legal challenge of the CRA,” said the company in a statement.
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