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%