On October 24, 2025 and November 6, 2025, Talisker Resources Ltd. completed the first and second tranches, respectively, of a bought deal private placement of 15,333,334 common shares of the company at a price of $1.50 per common share for total gross proceeds of approximately $23 million, which included the full exercise of the underwriters’ over-allotment option.
The offering was led by Red Cloud Securities Inc., as lead underwriter and sole bookrunner, on behalf of a syndicate of underwriters, including Canaccord Genuity Corp. and FMI Securities Inc.
Cassels acted for Talisker.