Silver Tiger Metals files final prospectus

Feb 13, 2026

2026-02-12 21:49 ET – News Release

Mr. Glenn Jessome reports

SILVER TIGER ANNOUNCES FILING OF FINAL SHORT FORM PROSPECTUS

Silver Tiger Metals Inc., further to its news releases dated Jan. 27, 2026, and Jan. 28, 2026, has filed a final short form prospectus dated Feb. 12, 2026, with the securities commissions in each of the provinces of Canada, except Quebec, in connection with its bought deal public offering of common shares of the company at $1.17 per common share for aggregate gross proceeds of $50,001,120. The offering is being conducted through a syndicate of underwriters, including Stifel Canada and BMO Capital Markets, as co-lead underwriters and joint bookrunners, and Desjardins Capital Markets and Canaccord Genuity Corp.. The company has granted the underwriters an option to purchase an additional 6,410,400 common shares on the same terms and exercisable at any time up to 30 days following the closing of the offering, for market stabilization purposes and to cover overallotments, if any. If the overallotment option is exercised in full, additional gross proceeds of $7,500,168 will be raised pursuant to the offering and the aggregate gross proceeds of the offering will be $57,501,288.

The offering is being conducted in each of the provinces of Canada, except Quebec, and outside of Canada in accordance with applicable securities laws.

Closing of the offering is expected to occur on or about Feb. 18, 2026. The TSX Venture Exchange has conditionally approved the listing of the common shares to be issued pursuant to the offering (including any exercise of the overallotment option), subject to customary conditions.

Final short form prospectus is accessible through SEDAR+

Access to the final prospectus and any amendment to the documents is provided in accordance with securities legislation relating to procedures for providing access to a prospectus. The final prospectus is accessible on SEDAR+. An electronic or paper copy of the final prospectus and any amendment may be obtained, without charge, from Stifel Canada by e-mail at [email protected] by providing the contact with an e-mail address or address, as applicable. The final prospectus contains important detailed information about the company and the offering. Prospective investors should read the final prospectus and the other documents the company has filed on SEDAR+ before making an investment decision.

Approval of amendments to the company’s omnibus incentive plan

Amendments to the company’s omnibus incentive plan were approved by the company’s disinterested shareholders at the annual and special meeting of shareholders held on Sept. 25,2025. As described in the company’s management information circular dated Aug. 26, 2025, the amended omnibus incentive plan is substantially the same as the prior version, but includes two principal changes: (i) an increase in the maximum number of common shares that may be reserved for issuance pursuant to deferred share unit and restricted share unit awards from 10 million to 15 million; and (ii) inclusion of provisions allowing for the exercise of stock options on a cashless and net exercise basis. Further details regarding these amendments are provided in the circular, and a copy of the amended omnibus incentive plan, including a redlined version reflecting all amendments, is attached as Schedule D of the circular and is available under the company’s profile on SEDAR+.

About Silver Tiger and the El Tigre historic mine district

Silver Tiger is a Canadian company, the management of which has more than 25 years of experience discovering, financing and building large hydrothermal silver projects in Mexico. Silver Tiger’s 100-per-cent-owned 28,414 hectare historic El Tigre mining district is located in Sonora, Mexico. Principled environmental, social and governance practices are core priorities at Silver Tiger. The El Tigre historic mine district is located in Sonora, Mexico, and lies at the northern end of the Sierra Madre silver and gold belt, which hosts many epithermal silver and gold deposits, including Dolores, Santa Elena and Las Chispas at the northern end.

We seek Safe Harbor.

https://silvertigermetals.com/