HALIFAX, NOVA SCOTIA – July 28, 2020 – Silver Tiger Metals Inc. (TSXV:SLVR and
OTCQB:SLVTF) (“Silver Tiger” or the “Corporation”) is pleased to announce that it has closed its previously announced institutional non-brokered private placement of units of the Corporation (“Private Placement”) for gross proceeds of $11 million, including $4 million from Eric Sprott, with the majority of the balance invested by strategic institutional resource funds.