HALIFAX, Nova Scotia, Nov. 26, 2025 (GLOBE NEWSWIRE) -- Silver Tiger Metals Inc. (TSXV:SLVR) ("Silver Tiger" or the "Company") is pleased to announce that it has closed its previously announced bought deal offering (the "Offering") of common shares of the Company (the "Shares") with a syndicate of underwriters. An aggregate of 54,800,000 Shares at a price of C$0.73 per Share for gross proceeds to the Company of approximately C$40,004,000 were sold. The Company intends to use the proceeds of the Offering to fund exploration and development expenditures at the Company's El Tigre Project in Mexico, as well as for working capital and general corporate purposes.
The syndicate of underwriters was led by BMO Capital Markets ("BMO") and Stifel Nicolaus Canada Inc., as joint bookrunners, together with Canaccord Genuity Corp., Desjardins Securities Inc. and Ventum Financial Corp. (collectively, the "Underwriters"). The Underwriters were paid a cash commission of 5.5% on the gross proceeds of the Offering.
The Offering was completed by way of short form prospectus in each of the provinces of Canada, except Québec, and outside of Canada in accordance with applicable securities laws.
This news release does not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of any of the securities in any state in which such offer, solicitation or sale would be unlawful. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), or any U.S. state securities laws, and may not be offered or sold within the ...
