On February 18, 2026, Silver Tiger Metals Inc. (“Silver Tiger”), a mineral exploration company engaged in exploring for gold and silver, announced the closing of its previously announced bought deal for gross proceeds of approximately C$57,501,288 with a syndicate of underwriters led by Stifel Canada and BMO Capital Markets, as co-lead underwriters and joint bookrunners, and Desjardins Capital Markets and Canaccord Genuity Corp.
Silver Tiger issued an aggregate of 49,146,400 common shares at a price of C$1.17 per share. The proceeds are anticipated to be used 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.
Fasken advised Silver Tiger with a team led by Bradley Freelan and including Allison Marks, Rohat Jumani, Peter Garrett (Capital Markets and M&A), and Anthony Foreshew (Articling Student).
Jurisdiction
- Ontario
