TORONTO, November 6, 2025 — Leads & Copy — Talisker Resources Ltd. (TSX: TSK) has completed the final tranche of its previously announced “bought deal” private placement, the company announced.
The Final Tranche involved the sale of 3,150,000 common shares at a price of C$1.50 per share, resulting in gross proceeds of C$4,725,000.
In total, Talisker sold 15,333,334 shares at the offering price, generating gross proceeds of C$23,000,001. This includes the full exercise of the over-allotment option.
Red Cloud Securities Inc. served as the lead underwriter and sole bookrunner for a syndicate of underwriters that included Canaccord Genuity Corp. and FMI Securities Inc. The Underwriters also received aggregate cash fees of C$283,500 and 189,000 non-transferable common share purchase warrants (the “Broker Warrants”). Each Broker Warrant entitles the holder thereof to purchase one common share of the Company at a price of C$1.68 at any time on or before November 6, 2027.
Talisker intends to use the net proceeds from the offering for the continued advancement of its flagship Bralorne Gold Project in British Columbia, general corporate purposes and working capital.
The shares were offered by way of private placement in all of the provinces of Canada (except Québec), in the United States to U.S. persons, and in jurisdictions outside of Canada and the United States on a private placement basis, in each case in accordance with all applicable laws.
Shares issued to purchasers in Canada in connection with the first tranche of the Offering are subject to a four-month hold period ending on February 25, 2026, while shares issued to purchasers outside of Canada, including those in the Final Tranche, are not subject to this hold period.
This press release does not constitute an offer to sell or a solicitation of an offer to sell any of the securities in the United States. The securities have not been and will not be registered under the U.S. Securities Act or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.
Lindsay Dunlop, Vice President, Investor Relations, can be contacted at lindsay.dunlop@taliskerresources.com or +1 647 274 8975 for further information.
Talisker Resources Ltd. is a junior resource company focused on gold project exploration and development in British Columbia, Canada. Its key asset is the Bralorne Gold Project, a high-grade, fully permitted operation with production at the Mustang Mine. Other projects include the Ladner Gold Project and the Spences Bridge Project.
Caution Regarding Forward Looking Statements: Certain statements contained in this press release constitute forward-looking information. These statements relate to future events or future performance.
Source: Talisker Resources Ltd.
