Northwire Canada EditionFriday, November 13, 2026
Northwire
⌕
Gold 3,885.30 −2.9% Silver 50.06 −3.7% Copper 6.19 −1.5% Oil 88.70 +2.5% Palladium 992.00 −5.2% SEA 35.00 −3.2% GLO 0.300 −6.2% WM 1.42 −2.1% MFG 3.25 −4.7% RAGE 0.295 +0.0% DPM 50.56 −4.2% ARIS 21.08 −4.7% AUEN 0.170 +6.2% FCI 0.540 −1.8% SLI 1.98 −5.3% COCO 0.350 −4.1% BCU 0.060 +0.0% BGF 0.025 +0.0% TDG 0.710 +44.9% PRU 6.04 −4.1% NGEX 21.01 −5.2% Gold 3,885.30 −2.9% Silver 50.06 −3.7% Copper 6.19 −1.5% Oil 88.70 +2.5% Palladium 992.00 −5.2% SEA 35.00 −3.2% GLO 0.300 −6.2% WM 1.42 −2.1% MFG 3.25 −4.7% RAGE 0.295 +0.0% DPM 50.56 −4.2% ARIS 21.08 −4.7% AUEN 0.170 +6.2% FCI 0.540 −1.8% SLI 1.98 −5.3% COCO 0.350 −4.1% BCU 0.060 +0.0% BGF 0.025 +0.0% TDG 0.710 +44.9% PRU 6.04 −4.1% NGEX 21.01 −5.2%
Financings

Capitan Silver Completes C$6 Million Investment from Schroders

Institutional Validation Peaks as Schroders Joins Jupiter in Massive C$29M Capital Influx

Executive Summary

On January 6, 2026, Capitan Silver Corp. (CAPT) announced the completion of a C$6 million non-brokered private placement with Schroder Investment Management Limited. The company issued 2,955,665 common shares at a price of C$2.03 per share. There are no warrants attached to this financing. The proceeds are earmarked for exploration at the Cruz de Plata silver-gold project in Mexico, working capital, and general corporate purposes. This follows the closing of a C$23 million bought deal financing in late December 2025 at the same price.

Material Impact
  • Institutional Grade: The entry of Schroders, following the lead of Jupiter Gold & Silver Fund earlier in the year, places Capitan Silver in a rare category of junior explorers backed by top-tier global asset managers. This provides significant market credibility.
  • Pristine Capital Structure: Notably, the recent C$29 million raised (C$23M bought deal + C$6M Schroders) was done with zero warrants. This prevents future "warrant overhang" and suggests extremely high conviction from institutional buyers at the C$2.03 level.
  • Massive Cash Position: Combined with the C$6.6M warrant exercise in July 2025 and the $5.3M financing in February, the company is likely sitting on a cash balance exceeding C$30M (net of land payments). This de-risks the exploration program for at least 18-24 months.
  • Validation of High-Grade Model: The funding follows a series of high-grade drill results (e.g., 2,636 g/t Ag over 1.5m) and a 115% increase in inferred gold resources. The market and institutions are clearly buying into the district-scale consolidation of the Cruz de Plata project.
CAPT · Price
Company Overview

Capitan Silver is focused on the Cruz de Plata project in Durango, Mexico. The project features an intermediate sulphidation epithermal system with two main components: - Jesus Maria Silver Trend: High-grade silver-gold veins now traced over a 3.7km strike. - Capitan Hill: A bulk-tonnage oxide gold deposit with an Inferred resource of 525,000 oz Au (0.41 g/t) and 4.2M oz Ag. - The company successfully consolidated the district in 2025 by acquiring 2,171 hectares from Fresnillo, increasing its land position by 85%.

Read the original news release →

More from Capitan Silver Corp.