Newsfile Corp
21 May 2026, 00:46 UTC · 20h ago
Source · https://www.newsfilecorp.com/release/298339/Tiger-Gold-Corp.-Announces-Upsize-of-Offering-Special-Warrants-to-18000000
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Tiger Gold Corp. is increasing its special warrants offering from $15 million to up to $18 million to accelerate drilling at the Ceibal target. — Increased capital for exploration and a commitment to a Maiden Resource by year-end is a positive catalyst for growth prospects.
+0.50The offering consists of special warrants priced at C$0.82, which will eventually convert into units consisting of one common share and a half-warrant. — The issuance of new shares and warrants creates potential equity dilution for existing shareholders.
-0.30The company has granted agents an over-allotment option to sell an additional C$5 million in special warrants. — An over-allotment option indicates strong investor demand and provides the potential for additional cash reserves.
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The company is increasing its funding offering to accelerate drilling and complete a Maiden Resource by year-end.
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