Business
Talisker Announces Closing of Final Tranche of Bought Deal Private Placement for Aggregate Gross Proceeds of C$23.0 Million
NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATE...
About this update from Talisker Resources Ltd.
[{"type":"text","content":"Talisker Announces Closing of Final Tranche of Bought Deal Private Placement for Aggregate Gross Proceeds of C$23.0 Million\n\n\n\n NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES\n \n\n TORONTO, Nov. 06, 2025 (GLOBE NEWSWIRE) -- Talisker Resources Ltd. (“\n \n Talisker\n \n ” or the “\n \n Company\n \n ”) (TSX: TSK) is pleased to announce that it has closed the final tranche (the “\n \n Final Tranche\n \n ”) of its previously announced “bought deal” private placement (the “\n \n Offering\n \n ”). Pursuant to the Final Tranche, the Company sold 3,150,000 common shares of the Company (the “\n \n Offered Shares\n \n ”) at a price of C$1.50 per Offered Share (the “\n \n Offering Price\n \n ”) for gross proceeds of C$4,725,000. In aggregate under the Offering, the Company sold 15,333,334 Offered Shares at the Offering Price for gross proceeds of C$23,000,001, which includes the full exercise of the over-allotment option. Red Cloud Securities Inc. (“\n \n Red Cloud\n \n ”) acted as lead underwriter and sole bookrunner on behalf of a syndicate of underwriters that included Canaccord Genuity Corp. and FMI Securities Inc. (collectively, the “\n \n Underwriters\n \n ”) in connection with the Offering.\n \n\n The Company intends to use the net proceeds from the Offering for the continued advancement of the Company’s flagship Bralorne Gold Project in British Columbia, as well as for general corporate purposes and working capital.\n \n\n The Offered Shares were offered: (a) by way of private placement in all of the provinces of Canada (except Québec) pursuant to applicable exemptions from the prospectus requirements under applicable Canadian securities laws; (b) in the United States or to, or for the account or benefit of, U.S. persons, by way of private placement pursuant to the exemptions from the registration requirements provided for under the United States Securities Act of 1933, as amended (the “\n \n U.S. Securities Act\n \n ”); and (c) in jurisdictions outside of Canada and the United States on a private placement or equivalent basis, in each case in accordance with all applicable laws, provided that no prospectus, registration state...