Talisker Announces Bought Deal Private Placement for Gross Proceeds of $20.0 Million
Talisker Resources Ltd.
130 Adelaide Street West, Suite 3002
Toronto, Ontario M5H 3P5
TSK TSKFF
TSX OTCQB
NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES
OR FOR DISSEMINATION IN THE UNITED STATES
Talisker Announces Bought Deal Private Placement for
Gross Proceeds of $20.0 Million
Toronto, Ontario, October 9, 2025 – Talisker Resources Ltd. (“Talisker” or the “Company”) (TSX:
TSK, OTCQB: TSKFF) is pleased to announce that it has entered into an agreement with Red Cloud
Securities Inc. (“Red Cloud”), as lead underwriter and sole bookrunner, on behalf of a syndicate of
underwriters (collectively, the “Underwriters”), pursuant to which the Underwriters have agreed to
purchase for resale 13,333,334 common shares of the Company (the “Offered Shares”) at a price of
$1.50 per Offered Share (the “Offering Price”) on a “bought deal” basis in a private placement for gross
proceeds of $2 0,000,001 (the “Underwritten Offering”). All amounts are in Canadian dollars unless
otherwise noted.
The Company granted to the Underwriters an option, exercisable up to 48 hours prior to the Closing
Date (as defined herein), to purchase for resale up to an additional 2,000,000 Offered Shares at the
Offering Price for additional gross proceeds of up to $3, 000,000 (the “Over-A llotment Option”). The
Underwritten Offering and the securities issuable upon exercise of the Over-Allotment Option shall
be collectively referred to as the “Offering”.
The Company intends to use the net proceeds from the Offering for the continued advancement of
the Company’s flagship Bralorne Gold Project in British Columbia, as well as for general corporate
purposes and working capital.
The Offered Shares will be offered: (a) by way of private placement in all of the provinces of
Canada (except Québec) pursuant to applicable exemptions from the prospectus requirements under
applicable Canadian securities laws; (b) in the United States or to, or for the account or benefit of, U.S.
persons, by way of private placement pursuant to the exemptions from the registration requirements
provided for under the United States Securities Act of 1933, as amended (the “U.S. Securities
Act”); and (c) in jurisdictions outside of Canada and the United States on a private placement or
equivalent basis, in each case in accordance with all applicable laws, provided that no prospectus,
registration statement or other similar document is required to be filed in such jurisdiction. The
securities to be issued pursuant to the Offering to purchasers in Canada will be subject to a four-
month hold period in Canada pursuant to applicable Canadian securities laws. The Offered Shares will
be offered to purchasers outside of Canada pursuant to an exemption from the prospectus
requirements in Canada available under OSC Rule 72-5 03 and, accordingly, the securities to be issued
pursuant to the Offering to purchasers outside of Canada are not expected to be subject to a four-month
hold period in Canada.
The Offering is scheduled to close on or about October 24, 2025, or such other date as is mutually agreed
upon by the Company and Red Cloud (the “Closing Date”). The closing of the Offering is subject to
customary conditions including the receipt of all necessary regulatory approvals, including the
approval of the Toronto Stock Exchange.
This press release does not constitute an offer to sell or a solicitation of an offer to sell any of the
securities in the United States. The securities have not been and will not be registered under the U.S.
Securities Act or any state securities laws and may not be offered or sold within the United States or
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to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an
exemption from such registration is available.
For further information, please contact:
Lindsay Dunlop
Vice President, Investor Relations
📞📞 +1 647 274 8975
About Talisker Resources Ltd.
Talisker (taliskerresources.com) is a junior resource company involved in the exploration and
development of gold projects in British Columbia, Canada. Talisker’s flagship asset is the high-grade, fully
permitted Bralorne Gold Project where the Company is currently transitioning into underground
production at the Mustang Mine. Talisker projects also include the Ladner Gold Project, an advanced stage
project with significant exploration potential from an historical high- grade producing gold mine and the
Spences Bridge Project where the Company has a significant landholding in the emerging Spences Bridge
Gold Belt, and several other early-stage Greenfields projects.
Caution Regarding Forward Looking Statements
Certain statements contained in this press release constitute forward -looking information. These
statements relate to future events or future performance. The use of any of the words “could”, “intend”,
“expect”, “believe”, “will”, “projected”, “estimated” and similar expressions and statements relating to
matters that are not historical facts are intended to identify forward-looking information and are based
on Talisker’s current belief or assumptions as to the outcome and timing of such future events. In
particular, this press release contains forward -looking information relating to, among other things , the
Offering, total proceeds and available funds, use of proceeds, approval of the Toronto Stock Exchange and
the Closing Date. Various assumptions or factors are typically applied in drawing conclusions or making
the forecasts or projections set out in forward- looking information. Those assumptions and factors are
based on information currently available to Talisker. Although such statements are based on reasonable
assumptions of Talisker’s management, there can be no assurance that any conclusions or forecasts will
prove to be accurate.
Forward looking information involves known and unknown risks, uncertainties and other factors which
may cause the actual results, performance, or achievements to be materially different from any future
results, performance or achievements expressed or impl ied by the forward -looking information. Such
factors include risks inherent in the exploration and development of mineral deposits, including risks
relating to changes in project parameters as plans continue to be redefined, risks relating to variations in
grade or recovery rates, risks relating to changes in mineral prices and the worldwide demand for and
supply of minerals, risks related to increased competition and current global financial conditions, access
and supply risks, reliance on key personnel, o perational risks regulatory risks, including risks relating to
the acquisition of the necessary licenses and permits, financing, capitalization and liquidity risks, title and
environmental risks and risks relating to the failure to receive all requisite shareholder and regulatory
approvals.
The forward-looking information contained in this release is made as of the date hereof, and Talisker is
not obligated to update or revise any forward -looking information, whether as a result of new
information, future events or otherwise, except as required by applicable securities laws. Because of the
risks, uncertainties and assumptions contained herein, investors should not place undue reliance on
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forward-looking information. The foregoing statements expressly qualify any forward-looking information
contained herein.