Silver Tiger Metals files final prospectus

Executive Summary

• Silver Tiger Metals Inc. filed a final short‑form prospectus for a bought‑deal public offering of common shares at $1.17 per share, targeting gross proceeds of $50,001,120 (up to $57,501,288 if the overallotment option is exercised).
• The offering is being underwritten by Stifel Canada and BMO Capital Markets (co‑lead) with Desjardins Capital Markets and Canaccord Genuity Corp. as additional bookrunners; closing expected around Feb 18 2026.
• Shareholders approved amendments to the company’s omnibus incentive plan, increasing the maximum reserved shares from 10 M to 15 M and adding cash‑less/net‑exercise stock option provisions.

Key Details

• Offering Size & Price: $1.17 per common share; initial aggregate gross proceeds of $50,001,120.
• Overallotment (Green‑shoe) Option: Up to 6,410,400 additional shares at the same price; if fully exercised, adds $7,500,168 in gross proceeds for a total potential of $57,501,288.
• Underwriters / Syndicate:
• Co‑lead underwriters & joint bookrunners – Stifel Canada, BMO Capital Markets
• Additional bookrunners – Desjardins Capital Markets, Canaccord Genuity Corp.
• Closing Date: Expected on or about Feb 18 2026.
• TSX Venture Exchange Listing: Conditionally approved pending customary conditions.
• Geographic Coverage: Offering conducted in all Canadian provinces except Quebec and also outside Canada, per applicable securities laws.
• Prospectus Access: Available free of charge on SEDAR+; electronic or paper copies can be requested from Stifel Canada ([email protected]).

Incentive Plan Amendments

• Approval Date: Shareholders approved at the annual and special meeting held Sept 25 2025.
• Key Changes:
• Increase in maximum reserved shares for deferred share unit (DSU) and restricted share unit (RSU) awards from 10 M to 15 M common shares.
• Introduction of cash‑less and net‑exercise provisions for stock options.
• Documentation: Amended plan, including a redlined version, filed as Schedule D in the management information circular dated Aug 26 2025 and available on SEDAR+.

Notable Quotes

(No direct quotes were provided in the release.)