HALIFAX, Nova Scotia, Nov. 12, 2025 (GLOBE NEWSWIRE) -- Silver Tiger Metals Inc. (TSXV:SLVR) ("Silver Tiger" or the "Company") has announced today that it has entered into an agreement with a syndicate of underwriters led by BMO Capital Markets and Stifel Nicolaus Canada as joint bookrunners (collectively the "Underwriters"), under which the Underwriters have agreed to buy on bought deal basis 54,800,000 common shares (the "Common Shares"), at a price of C$0.73 per Common Share for gross proceeds of approximately C$40 million (the "Offering"). The Company has granted the Underwriters an option, exercisable at the offering price for a period of 30 days following the closing of the Offering, to purchase up to an additional 15% of the Offering to cover over-allotments, if any. The Offering is expected to close on or about November 26, 2025 and is subject to Silver Tiger receiving all necessary regulatory approvals.
The net proceeds of the Offering will be used for the exploration and development of the Company's El Tigre project and for general corporate purposes.
The Common Shares will be offered by way of a short form prospectus in all of the provinces of Canada, other than Quebec and may also be offered by way of private placement in the United States pursuant to an exemption from the registration requirements in Rule 144A of the United States Securities Act of 1933, as amended.
The securities offered have not been registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements. This press release shall not constitute an offer ...
