WASHINGTON, D.C. – Troutman Pepper Locke advised Silver Tiger Metals Inc. (TSXV: SLVR), a Canadian company whose management has experience discovering, financing, and building large hydrothermal gold and silver mines in Mexico, on the close of its bought deal offering of common shares with a syndicate of underwriters. An aggregate of 39,962,500 shares at a price of C$0.72 per share for gross proceeds to the company of approximately C$28,773,000 were sold. For more information, see the press release.
Silver Tiger Metals intends to use the proceeds of the offering to fund exploration and development expenditures at its El Tigre Project in Mexico, as well as for working capital and general corporate purposes.
The Troutman Pepper Locke team that advised Silver Tiger Metals was led by Tom Rose and Shona Smith.
Consistently recognized as a top-tier practice, Troutman Pepper Locke’s corporate attorneys regularly handle strategic deals for clients ranging from industry leading, Fortune 100 corporations to emerging companies. Core areas of service include mergers and acquisitions, corporate finance, corporate governance, securities laws compliance, capital markets transactions, and other significant domestic and cross-border transactions, as well as general corporate counseling.
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