Silver Tiger Metals Inc. Announces Increase in Bought Deal Financing to $50 Million
Silver Tiger Metals Inc. Announces Increase in Bought Deal Financing to $50
Million
THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR DISTRIBUTION
TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES
All monetary amounts are expressed in Canadian Dollars, unless otherwise indicated.
HALIFAX, NOVA SCOTIA , January 28, 2026 – Silver Tiger Metals Inc. (TSXV:SLVR, OTCQX: SLVTF) (the
“Company” or “ Silver Tiger”) is pleased to announce that, due to strong investor demand, it has entered into an
amended agreement with Stifel Canada and BMO Capital Markets, on their own behalf and on behalf of a syndicate
of underwriters (the “Underwriters”), pursuant to which the Underwriters have now agreed to purchase, on a bought
deal basis, 42,736,000 common shares of the Company (“ Common Shares”) at a price of C$1.17 per Common
Share (the “Offering Price”) for gross proceeds of C$50,001,120 (the “Offering”).
The Company will grant the Underwriters an option, exercisable, in whole or in part, at any time until and including
30 days following the closing of the Offering, to purchase up to an additional 15% of the Offering. If this option is
exercised in full, an additional C$ 7,500,168 in gross proceeds will be raised pursuant to the Offering and the
aggregate gross proceeds of the Offering will be approximately C$57,500,000.
The Company plans to use the net proceeds from the Offering to fund exploration and development expenditures at
the Company’s El Tigre Project in Mexico, as well as for working capital and general corporate purposes. The
Common Shares will be offered by way of a short form prospectus to be filed in all provinces of Canada, except
Québec. The Common Shares will also be sold to U.S. buyers on a private placement basis pursuant to an exemption
from the registration requirements in Rule 144A of the United States Securities Act of 1933, as amended, and other
jurisdictions outside of Canada provided that no prospectus filing or comparable obligation arises.
The Offering is scheduled to close on or about February 18, 2026 and is subject to certain conditions including, but
not limited to, the receipt of all necessary approvals including the approval of the TSX Venture Exchange and the
securities regulatory authorities.
The Company will pay the Underwriters a cash commission of 5.50% of the gross proceeds of the Offering.
The preliminary short form prospectus and the f inal short for p rospectus’ will be available on SEDAR+ at
www.sedarplus.ca. Alternatively, the preliminary form prospectus and final short form prospectus’ may be obtained
upon request by contacting the Company or Stifel in Canada, attention: [email protected].
This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be
any sale of the securities in any state in which such offer, solicitation or sale would be unlawful. The
securities being offered have not been, nor will they be, registered under the United States Securities Act of
1933, as amended (the “1933 Act”) and may not be offered or sold in the United States absent registration or
an applicable exemption from the registration requirements of the 1933 A ct, as amended, and application
state securities laws.
About Silver Tiger
Silver Tiger Metals Inc. is a Canadian company whose management has more than 25 years’ experience discovering,
financing and building large hydrothermal silver projects in Mexico. Silver Tiger’s 100% owned 28,414 hectare
Historic El Tigre Mining District is located in Sonora, Mexico. Principled environmental, social and governance
practices are core priorities at Silver Tiger. The El Tigre historic mine district is located in Sonora, Mexico and lies at
the northern end of the Sierra Madre silver and gold b elt which hosts many epithermal silver and gold deposits,
including Dolores, Santa Elena and Las Chispas at the northern end.
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For further information, please contact:
Glenn Jessome President and CEO
902 492 0298
CAUTIONARY STATEMENT:
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the
TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This News Release includes certain “forward-looking statements”. All statements other than statements of historical
fact included in this release, including, without limitation, statements regarding use of proceeds of the offering, closing
of the offering, and approval of the TSX Venture Exchange and future plans and objectives of Silver Tiger, are
forward-looking statements that involve various risks and uncertainties. Forward looking statements are frequently
characterized by words such as “may”, “is expected to”, “anticipates”, “estimates”, “intends”, “plans”, “projection”,
“could”, “vision”, “goals”, “objective” and “outlook” and other similar words. Although Silver Tiger bel ieves the
expectations expressed in such forward-looking statements are based on reasonable assumptions, there can be no
assurance that such statements will prove to be accurate and actual results and future events could differ materially
from those anticipated in such statements. Important factors that could cause actual results to differ materially from
Silver Tiger’s expectations include risks and uncertainties related to exploration, development, operations, commodity
prices and global financial volatil ity, risk and uncertainties of operating in a foreign jurisdiction as well as additional
risks described from time to time in the filings made by Silver Tiger with securities regulators.