$TIGR.V

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

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%