Core Viewpoint - Talisker Resources Ltd. has successfully closed the final tranche of its bought deal private placement, raising a total of C$23 million for the advancement of its Bralorne Gold Project and general corporate purposes [1][2]. Group 1: Offering Details - The final tranche involved the sale of 3,150,000 common shares at a price of C$1.50 per share, generating gross proceeds of C$4,725,000 [1]. - In total, the offering comprised 15,333,334 shares sold, including the full exercise of the over-allotment option, resulting in gross proceeds of C$23,000,001 [1]. - Red Cloud Securities Inc. acted as the lead underwriter for the offering, supported by Canaccord Genuity Corp. and FMI Securities Inc. [1]. Group 2: Use of Proceeds - The net proceeds from the offering will be utilized for the continued development of the Bralorne Gold Project, as well as for general corporate purposes and working capital [2]. Group 3: Regulatory and Compliance Information - The shares were offered through private placements in Canada (excluding Québec) and in the United States under applicable exemptions from registration requirements [3]. - Shares issued to Canadian purchasers in the first tranche are subject to a four-month hold period ending on February 25, 2026 [3]. - The underwriters received cash fees of C$283,500 and 189,000 non-transferable common share purchase warrants, allowing the purchase of shares at C$1.68 until November 6, 2027 [4]. Group 4: Company Overview - Talisker Resources Ltd. is a junior resource company focused on gold exploration and development in British Columbia, with its flagship asset being the Bralorne Gold Project [6]. - The company also holds the Ladner Gold Project and the Spences Bridge Project, which have significant exploration potential [6].
Talisker Announces Closing of Final Tranche of Bought Deal Private Placement for Aggregate Gross Proceeds of C$23.0 Million
Globenewswire·2025-11-06 14:45