Seabridge Gold Inc. Form 6-K
SECURITIES
AND EXCHANGE COMMISSION
Washington,
DC 20549
FORM
6-K
REPORT
OF FOREIGN PRIVATE ISSUER
Pursuant
to Rule 13a-16 or 15d-16 of
The
Securities Exchange Act of 1934
For
the month of July, 2006
Commission
File Number 0-50657
SEABRIDGE
GOLD INC.
(Exact
name of Registrant as specified in its Charter)
172
King Street East, 3rd Floor, Toronto, Ontario, Canada M5A
1J3
(Address
of principal executive offices)
Indicate
by check mark whether the registrant files or will file annual reports under
cover Form 20-F or Form 40-F.
Indicate
by check mark if the registrant is submitting the Form 6-K in paper as
permitted by Regulation S-T
Rule 101(b)(1): o
Note:
Regulation S-T Rule 101(b)(1) only permits the submission in paper of
a Form 6-K if submitted solely to provide an attached annual report to
security holders.
Indicate
by check mark if the registrant is submitting the Form 6-K in paper as
permitted by Regulation S-T
Rule 101(b)(7): o
Note:
Regulation S-T Rule 101(b)(7) only permits the submission in paper of
a Form 6-K if submitted to furnish a report or other document that the
registrant foreign private issuer must furnish and make public under the laws
of
the jurisdiction in which the registrant is incorporated, domiciled or legally
organized (the registrant's "home country"), or under the rules of the home
country exchange on which the registrant's securities are traded, as long as
the
report or other document is not a press release, is not required to be and
has
not been distributed to the registrant's security holders, and, if discussing
a
material event, has already been the subject of a Form 6-K submission or
other Commission filing on EDGAR.
Indicate
by check mark whether by furnishing the information contained in this Form,
the
registrant is also thereby furnishing the information to the Commission pursuant
to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
If
"Yes"
is marked, indicate below the file number assigned to the registrant in
connection with Rule 12g3-2(b):
SIGNATURES
Pursuant
to
the requirements of the Securities Exchange Act of 1934, the registrant has
duly
caused this report to be signed on its behalf by the undersigned, thereunto
duly
authorized.
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Seabridge
Gold Inc.
(Registrant)
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Date:
July 10, 2006
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By:
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/s/
Rudi Fronk
Name:
Rudi Fronk
Title:
President and C.E.O
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EXHIBITS
Press
release issued June 28, 2006 in which the Registrant announced that it’s
Chairman and President have sold a total of 347,000 of the Registrant’s shares
in one transaction, primarily to meet the tax obligations incurred by a recent
exercise of stock options which were due to expire. The sale was done through
the facilities of the TSX, at market related prices.
Under
Canadian law, the difference between the exercise price of the options and
the
market price of the stock at the time of exercise is deemed to be a gain
and is
taxed, whether or not the shares are sold, and the tax is payable in the
year
the options are exercised. The Registrant’s grants options for a maximum term of
five years at which time they expire if not exercised.
The
Regtistrant’s President and CEO Rudi Fronk said that this was the first sale of
the Registrant’s shares by himself and Mr. Anthony, the two founders of the
Registrant. Both have participated in recent financings of the Registrant.
“We
have no intention of selling further shares for the foreseeable future as
this
transaction meets all our tax and other requirements,” he said.