HALIFAX, NOVA SCOTIA – October 7, 2025 – Silver Tiger Metals Inc. (TSXV:SLVR and OTCQX:SLVTF) (“Silver Tiger” or the “Company”) is pleased to announce that it has closed its previously announced firm commitment financing (the “Financing”) of common shares of the Company (the “Shares”) with a syndicate of underwriters. A total of 39,962,500 shares were sold at a price of CAD 0.72 per share, representing gross proceeds to the Company of approximately CAD 28,773,000. The Company intends to use the proceeds from the offering to fund exploration and development expenditures for the Company’s El Tigre project in Mexico, as well as for working capital and general corporate purposes.
The syndicate of underwriters was led by Stifel Nicolaus Canada Inc. (“Stifel”) as sole bookrunner and Desjardins Capital Markets (together with Stifel, the “Co-Lead Underwriters”) as co-lead underwriters, as well as BMO Capital Markets and Ventum Financial Corp. (together with the Co-Lead Underwriters, the “Underwriters”). The underwriters received a cash commission equal to 6% of the gross proceeds from the offering, with the exception of proceeds from certain orders arranged by the Company, of which up to CAD 3,000,000 were subject to a reduced commission rate of 3.0% and up to CAD 2,000,000 were subject to a reduced commission rate of 5.0%.
The offering was conducted by way of a short form prospectus in all provinces of Canada except Québec, and outside of Canada in accordance with applicable securities laws.
This press release does 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 have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”), or the securities laws of any U.S. state, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the U.S. Securities Act and applicable securities laws.
About Silver Tiger Metals
Silver Tiger Metals Inc. is a Canadian company whose management has more than 25 years of experience in discovering, financing and developing large hydrothermal silver projects in Mexico. Silver Tiger’s 100% owned El Tigre historic mining district, with an area of 28,414 hectares, is located in Sonora, Mexico. Fundamental environmental, social and governance practices are a top priority at Silver Tiger. The El Tigre historic mining area is located in Sonora, Mexico, at the northern end of the Sierra Madre silver and gold belt, which hosts many epithermal silver and gold deposits, including Dolores, Santa Elena and Las Chispas at the northern end.
VRIFY Presentation and 3D Presentation – Silver Tiger’s El Tigre Project
VRIFY is a platform used by companies to communicate with investors through 360° virtual reality tours of remote mining facilities, 3D models and interactive presentations. VRIFY can be accessed via the website and with the VRIFY apps for iOS and Android.
Silver Tiger Metals Inc.’s company profile on VRIFY can be found at: https://vrify.com
The VRIFY presentation and 3D presentation for Silver Tiger Metals Inc. can be viewed at https://vrify.com/decks/17174 and on the Company’s website at www.silvertigermetals.com.
For further information, please contact:
Glenn Jessome
President and CEO
902 492 0298
jessome@silvertigermetals.com
Devin Devarennes
VP Corporate Development & IR
902 233 3656
devin@silvertigermetals.com
