Silver Tiger Metals Files Short Form Prospectus For CA$87 Million Offering of Share Units
MT newswire2026/10/08 20:0304:03 PM EDT, 10/08/2026 (MT Newswires) -- Silver Tiger Metals (SLVR.TO) on Thursday said it filed a final short form prospectus for a bought-deal public offering of 87-million units priced at CA$1.00 each, to raise CA$87 million. The units are made up of a share and one half of a two-year warrant to buy a share for CA$1.35 each. The underwriters have also been granted a 15% over-allotment option, which, if fully exercised, would raise an additional CA$13 million, for total proceeds of CA$100 million. The offering is expected to close on Oct. 13. Proceeds will be used to develop Silver Tiger's El Tigre Project in Mexico. Silver Tiger Metals edged up CA$0.005 to CA$0.805 on the Toronto Stock Exchange.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Canadian used car dealer UC Automotive (UCAU.RC.US) files for IPO in the US: aims to raise 29 million USD and list on Nasdaq
Canadian used car dealer UC Automotive has applied for a Nasdaq IPO, aiming to raise up to $29 million, with its main focus on the Greater Vancouver market. Kingswood is the sole underwriter.
Swiss Franc weakens as Fed hawkish outlook lifts USD/CHF
Crypto prices
More
