Mr. Rudi Fronk reports

SEABRIDGE GOLD REPORTS ON EXERCISE OF PRIVATE PLACEE OPTION FOR PROCEEDS OF $3.4 MILLION

Seabridge Gold Inc. has received notice from the subscriber that the 200,000 share options issued to the subscriber in connection with the $17-million private placement financing announced on July 23, 2019 (closed on Aug. 2, 2019), will be exercised for additional proceeds to Seabridge of $3.4-million. No commissions were payable on the entirety of the transaction. The proceeds from the financing will be used to finance general working capital requirements.

About Seabridge Gold Inc.

Seabridge Gold holds a 100-per-cent interest in several North American gold resource projects.

We seek Safe Harbor.