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Tiger Gold Raises $21 Million Via Oversubscribed Offering of Special Warrants to Accelerate Drilling at Quinchia

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Tiger Gold (TIGR.V) closed its commercially reasonable efforts offering of special warrants, whereby the company completed the issuance of 25.6-million special warrants at $0.82 for $21 million, including the partial exercise of the agents' over-allotment option, it said on Wednesday.

Proceeds will be used to speed-up drilling at its Ceibal target at the Quinchia Gold project with a goal of completing a maiden Mineral Resource estimate near the end of 2026, and for general working capital needs.

Shares of the company were last seen down 1.4% at $0.70 on the TSX Venture Exchange.

Price: $0.70, Change: $-0.01, Percent Change: -1.41%

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