Talisker Resources Announces Private Placement of up to $3 Million

Date:

TORONTO, May 16, 2025 (GLOBE NEWSWIRE) — Talisker Resources Ltd. (“Talisker” or the “Company”) (TSX: TSK, OTCQX: TSKFF) is pleased to announce a non-brokered private placement (the “Offering”) of up to 6,000,000 units of the Company (the “Units”) at a price of $0.50 per Unit for aggregate gross proceeds of up to $3,000,000. All amounts are in Canadian dollars unless otherwise noted. Red Cloud Securities Inc. is acting as a finder in connection with this financing.

Each Unit will consist of one common share of the Company (each, a “Common Share”) and one-half of one common share purchase warrant (each whole warrant, a “Warrant”). Each Warrant will entitle the holder thereof to acquire one Common Share (a “Warrant Share”) at an exercise price of $0.75 for a period of 36 months after the Closing Date (as defined below).

Subject to compliance with applicable regulatory requirements and in accordance with…

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