Talisker Closes First Tranche of Bought Deal Private Placement for Gross Proceeds of C$18.3 Million

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Last update: Oct 24, 2025

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TORONTO, Oct. 24, 2025 (GLOBE NEWSWIRE) -- Talisker Resources Ltd. (“Talisker” or the “Company”) (TSX: TSK) is pleased to announce the closing of the first tranche (the “First Tranche”) of its previously announced “bought deal” private placement (the “Offering”) for gross proceeds of C$18,275,001 from the sale of 12,183,334 common shares of the Company (the “Offered Shares”) at a price of C$1.50 per Offered Share. Red Cloud Securities Inc. (“Red Cloud”) 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 “Underwriters”) in connection with the Offering. The final tranche of the Offering is expected to close on or before November 6, 2025.