Silver Tiger lifts El Tigre mine build capex estimate to about US$124 million

Bitget2026/09/21 20:06

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Silver Tiger Metals launched a bought-deal financing of 87,000,000 units at C$ 1, targeting gross proceeds of C$ 87 million.
Units include one share, one-half warrant; each warrant strikes at C$ 1.35, exercisable for 24 months.
El Tigre Stockwork Zone mine-build estimate lifted to about US$ 124 million, up about US$ 37 million from the prior estimate.
Commissioning, first pour targeted for December 2027; about US$ 81 million committed, about US$ 17 million spent as of Sept. 10, 2026.
Pro forma cash shown at C$ 173 million post-offering, versus estimated remaining capex of C$ 150 million, implying about C$ 23 million excess.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Silver Tiger Metals Inc. published the original content used to generate this news brief via CNW (Ref. ID: 202609211605CANADANWCANADAPR_C1318) on September 21, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Silver Tiger lifts El Tigre mine build capex estimate to about US$124 million

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