Silver Tiger Announces Filing of Final Short Form Prospectus

Executive Summary

• Silver Tiger Metals filed a Final Short Form Prospectus for its bought‑deal public offering of common shares at $1.17 per share, targeting gross proceeds of $50,001,120.
• The underwriters have an over‑allotment option for up to 6,410,400 additional shares, which could increase total gross proceeds to approximately $57.5 million if fully exercised.
• Closing of the offering is expected around February 18, 2026, and the TSX Venture Exchange has conditionally approved listing of the new shares.

Key Details

• Offering Price: $1.17 per Common Share (CAD).
• Initial Gross Proceeds Target: $50,001,120 CAD for the base offering.
• Over‑Allotment Option: Up to 6,410,400 additional shares at the same price; potential extra gross proceeds of $7,500,168 CAD, raising total possible proceeds to $57,501,288 CAD.
• Underwriters / Syndicate:
• Co‑Lead Underwriters & Joint Bookrunners – Stifel Canada and BMO Capital Markets.
• Additional Underwriters – Desjardins Capital Markets and Canaccord Genuity Corp.
• Closing Date: Expected on or about February 18, 2026.
• TSX Venture Exchange Approval: Conditional approval for listing of the issued shares (including any over‑allotment shares), subject to customary conditions.
• Geographic Scope: Offering conducted in all Canadian provinces except Quebec and outside Canada, in accordance with applicable securities laws.
• Regulatory Access: Final Prospectus available free of charge on SEDAR+; electronic or paper copies obtainable from Stifel Canada upon request.
• Related Corporate Action: Approval of amendments to the Company’s Omnibus Incentive Plan (increase of reserved shares to 15 million and cashless/net‑exercise option for stock options) by disinterested shareholders at the September 25, 2025 meeting.

Notable Quotes

(No direct quotes were included in the release.)