Dolly Varden Silver Announces Closing of CAD$28.76M Bought-Deal Financing on June 26, 2025

On June 26, 2025, Dolly Varden closed a CAD$28.76 million bought deal financing. The financing included 2,445,500 common shares at $4.60 per share, raising $11.25 million, 1,128,000 charity flow-through shares at $6.65 per share, raising $7.5 million, and 1,740,000 flow-through shares at $5.75 per share, raising $10 million.

McCarthy Tétrault advised the syndicate of Underwriters with a team that included Gary Litwack, Sarah Ferguson, Lama Kahiel, Meghan Zhan, Vivienne Zhang, and Nigel Johnston (tax).