Capitan Silver Completes C$6 Million Investment from Schroders
Institutional Validation Peaks as Schroders Joins Jupiter in Massive C$29M Capital Influx

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.
- 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.
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%.