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Stifel GMP

161 Bay Street, Suite 3800, Toronto, Ontario, M5J 2S1, Canada

Overview

Stifel Canada With offices in Calgary, Montreal, and Toronto, Stifel Nicolaus Canada Inc.

Total investments
2
Lead investments
2
Investments · 12mo
1
Active investors
0
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Investment portfolio

  • Silver Tiger Metals

    Led · Equity · Oct 2025

    Silver Tiger Metals focuses exclusively on the El Tigre silver-gold property in Sonora, where it has drilled more than 150,000 metres since beginning work in 2017—119,000 metres of which were completed after 2020. The company has issued several mineral resource estimates, publishing its most recent update in 2024. In November 2023 it released a Preliminary Economic Assessment outlining a 10-year open-pit mining scenario for the deposit. Proceeds from its latest C$28.8 million equity raise will be directed toward continued exploration and development activities at El Tigre. The intensive drill campaigns and engineering studies aim to move the project toward a construction decision. The company’s strategy centers on de-risking the asset through aggressive drilling, updated resources and economic studies while maintaining a strong treasury to fund ongoing work.

  • Meridian Mining

    Led · Equity · Aug 2025

    Meridian Mining UK Societas focuses on advancing the Cabaçal Au–Cu project, Santa Helena and exploration across the Cabaçal VMS belt in Minas Gerais, Brazil. The company completed a private placement that generated gross proceeds of CAD 50 million by selling over 64 million common shares at CAD 0.78 per share. The financing was co‑led by Stifel Canada, BMO Capital Markets and Beacon Securities, with support from SCP Resource Finance, Cormark Securities and Raymond James. An insider purchased over 7 million shares in the offering; that related‑party transaction was exempt from certain regulatory requirements as it fell below prescribed thresholds. Proceeds will fund the ongoing feasibility study for the Cabaçal Au–Cu project, advance development of Santa Helena and support exploration programs in the VMS belt. Planned actions remain subject to final approval by the Toronto Stock Exchange; CEO Gilbert Clark said shareholder support leaves the company well positioned to reach key milestones.

Team

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