Silver Tiger files final prospectus for $40M offering

Executive Summary

• Silver Tiger Metals Inc. has filed a final short form prospectus for a bought deal public offering of common shares at 73 cents per share, raising aggregate gross proceeds of $40,004,000 CAD.
• The underwriters have been granted an overallotment option to purchase up to 8.22 million additional shares, which would increase total gross proceeds to $46,004,600 CAD if exercised in full.
• The offering is expected to close on or about November 26, 2025, with TSX Venture Exchange conditional approval for listing.

Key Details

• Offering Structure: Bought deal public offering of common shares.
• Price: 73 cents per common share (CAD).
• Base Gross Proceeds: $40,004,000 CAD.
• Overallotment Option: Underwriters have an option to purchase an additional 8.22 million common shares on the same terms, exercisable within 30 days of closing.
• Maximum Gross Proceeds: If the overallotment option is exercised in full, additional proceeds of $6,000,600 CAD will be raised, bringing total aggregate gross proceeds to $46,004,600 CAD.
• Underwriters: Joint bookrunners are BMO Capital Markets and Stifel Nicolaus Canada Inc.; other participants include Canaccord Genuity Corp., Desjardins Securities Inc., and Ventum Financial Corp.
• Closing Date: Expected on or about November 26, 2025.
• Regulatory Status: Final short form prospectus filed with securities commissions in all Canadian provinces except Quebec; TSX Venture Exchange has conditionally approved the listing.
• Use of Proceeds: Not explicitly stated in the release text provided.

Notable Quotes

• No direct quotes from management were included in the provided text.