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Silver Tiger Metals Closes CA$100.1 Million Offering

Silver Tiger Metals Closes CA$100.1 Million Offering

MT newswireMT newswire2026/10/13 14:02
10:02 AM EDT, 10/13/2026 (MT Newswires) -- Silver Tiger Metals (SLVR.TO) raised CA$100.1 million after closing a bought deal offering of units, the company said Tuesday. Silver Tiger issued about 100.1 million units in the offering at a price of CA$1.00 apiece. Each unit comprises one share and one-half of a warrant. Each warrant can be exercised for CA$1.35 per share for 24 months. The company plans to use the funds to advance exploration and development at its El Tigre silver-gold heap leach project in Mexico, as well as for working capital and general corporate purposes. Price: 0.81, Change: -0.04, Percent Change: -4.71
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