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Silver Tiger Announces Closing of $15 Million Bought Deal Financing

Newswire.ca - Mon Apr 14, 2025

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HALIFAX, NS, April 14, 2025 /CNW/ - Silver Tiger Metals Inc. (TSXV: SLVR) ("Silver Tiger" or the "Company") is pleased to announce that it has closed its previously announced bought deal offering (the "Offering") of common shares of the Company (the "Shares") with a syndicate of underwriters. An aggregate of 45,455,000 Shares at a price of C$0.33 per Share for gross proceeds to the Company of approximately C$15,000,150 were sold. The Company intends to use the proceeds of 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.

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