Silver Tiger Metals Shares Down on C$87M Equity Raise to Cover Higher Project Costs

By Adriano MarcheseSilver Tiger Metals shares fell sharply Tuesday after the company said it plans to raise 87 million Canadian dollars ($62 million) by way of a bought deal financing to fund the higher cost of developing its silver-gold project in Mexico.Shares traded 21% lower at C$0.93.The compa…