Northwire Canada EditionWednesday, November 11, 2026
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Gold 4,030.20 −2.0% Silver 51.23 −2.8% Copper 6.27 −1.2% Oil 86.04 −0.9% Palladium 1,024.00 +0.2% NVX 0.910 +0.0% MSR 0.435 +0.0% ELE 22.85 −4.0% ALS 53.01 −2.2% APM 5.13 −6.6% AVL 5.46 −5.4% NG 8.84 −9.0% ATY 0.220 −2.2% CN 0.125 −10.7% PMET 3.22 −4.2% ITH 1.99 −11.6% VMET 12.33 −6.9% ABX 56.41 −5.6% PUR 0.370 +8.8% SCY 0.085 +6.2% AUMN 0.300 +7.1% Gold 4,030.20 −2.0% Silver 51.23 −2.8% Copper 6.27 −1.2% Oil 86.04 −0.9% Palladium 1,024.00 +0.2% NVX 0.910 +0.0% MSR 0.435 +0.0% ELE 22.85 −4.0% ALS 53.01 −2.2% APM 5.13 −6.6% AVL 5.46 −5.4% NG 8.84 −9.0% ATY 0.220 −2.2% CN 0.125 −10.7% PMET 3.22 −4.2% ITH 1.99 −11.6% VMET 12.33 −6.9% ABX 56.41 −5.6% PUR 0.370 +8.8% SCY 0.085 +6.2% AUMN 0.300 +7.1%
Financings

Silver Tiger Metals files final prospectus

SLVR · Price

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.)

Read the original news release →

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