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Seabridge Gold secures $100M funding, advancing KSM project partnership and reducing financing risks.

Market News
20 Aug 2026
Newsfile Corp
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Bullish
Seabridge Gold secures $100M funding, advancing KSM project partnership and reducing financing risks.

Seabridge Gold announced a $100 million unsecured strategic facility to fund ongoing work on its KSM gold project while finalizing a joint venture partnership. This funding provides financial certainty and signals strong confidence in the project, which is valued at $33.3 billion after-tax NPV. The partnership, expected to bring in capital and advance development, is seen as the main catalyst to increase Seabridge's valuation, currently trading at a significant discount compared to peers. The company’s Q2 earnings were boosted by a one-time gain but remain secondary to progress on KSM financing and development.

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FREELANDER debuts international test drive and brand event at 2026 Chery User Summit in China

FREELANDER debuts international test drive and brand event at 2026 Chery User Summit in China

FREELANDER participated in the 2026 Chery International User Summit in Wuhu, China, showcasing the international variant of its FREELANDER 8 model through a day-and-night program on October 19. The day featured the first international test drive on c...

Others
Bullish
1 hour ago
Disc Medicine to webcast APOLLO Phase 3 trial results of bitopertin for erythropoietic protoporphyria

Disc Medicine to webcast APOLLO Phase 3 trial results of bitopertin for erythropoietic protoporphyria

Disc Medicine announced a webcast on October 19, 2026, to discuss topline results from its APOLLO Phase 3 trial of bitopertin, an investigational oral drug for erythropoietic protoporphyria (EPP). Bitopertin targets glycine transporter 1 to modulate ...

Market News
Neutral
3 hours ago
AI's growing power demand may worsen, with Elon Musk planning orbital AI data centers powered by solar energy.

AI's growing power demand may worsen, with Elon Musk planning orbital AI data centers powered by solar energy.

Tech analyst James Altucher draws a parallel between the 1865 coal consumption surge and AI's increasing power needs, despite efficiency gains. He highlights Elon Musk's unique strategy of vertical integration, including plans to build AI data center...

Market News
Bullish
4 hours ago
Qubic network halts after $1.3M stolen via predictable wallet seeds on Apple devices

Qubic network halts after $1.3M stolen via predictable wallet seeds on Apple devices

On October 18, 2026, the Qubic network was halted after an attacker drained 1,404 wallets, stealing about $1.3 million worth of QU tokens. The breach was due to predictable wallet recovery seeds generated on Apple devices' browsers and early iOS apps...

Market News
Bearish
4 hours ago
FFR to hold Nasdaq listing ceremony Oct 26, launches affordable humanoid robots and new AI education programs

FFR to hold Nasdaq listing ceremony Oct 26, launches affordable humanoid robots and new AI education programs

FFR will host its Nasdaq listing ceremony and first Investor Day on October 26 in New York, unveiling its strategy and business plans. The company launched two new affordable Embodied AI humanoid robots: FF Nova priced under $2,500 and Nova Mini at $...

Market News
Bullish
4 hours ago
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