Talisker Announces Closing of Final Tranche of Bought Deal Private Placement for Aggregate Gross Proceeds of C$23.0 Million

Executive Summary

• Talisker Resources Ltd. closed the final tranche of its “bought‑deal” private placement, selling 3,150,000 common shares at C$1.50 each for gross proceeds of C$4,725,000.
• The total offering now amounts to 15,333,334 shares sold for C$23,000,001 in gross proceeds, including the full exercise of the over‑allotment option.
• Net proceeds will be used to advance the Bralorne Gold Project and for general corporate purposes and working capital.

Key Details

• Final Tranche Sale: 3,150,000 common shares @ C$1.50 per share → C$4,725,000 gross proceeds.
• Aggregate Offering: 15,333,334 common shares sold (including over‑allotment) → C$23,000,001 gross proceeds.
• Underwriters: Lead underwriter/sole bookrunner – Red Cloud Securities Inc.; syndicate includes Canaccord Genuity Corp. and FMI Securities Inc.
• Use of Proceeds: Advancement of the Bralorne Gold Project (British Columbia), general corporate purposes, and working capital.
• Distribution Restrictions: Canadian shares from the first tranche subject to a four‑month hold period ending 2026‑02‑25; final‑tranche shares issued outside Canada are exempt from the hold period.
• Underwriter Compensation: Cash fees of C$283,500 plus 189,000 non‑transferable common share purchase warrants. Each warrant allows purchase of one common share at C$1.68, exercisable until 2027‑11‑06.
• Offering Structure: Private placement exempt from prospectus requirements in Canada (except Québec), the United States (U.S. Securities Act exemption), and other jurisdictions.

Notable Quotes

(No executive quotes were provided in the release.)