Capitan Silver to Receive C$6 Million Investment from Schroders
Institutional Heavyweights Consolidate Positions as Capitan Validates Mexico’s Next Silver District

On December 23, 2025, Capitan Silver Corp. announced a C$6.0 million non-brokered private placement from Schroder Investment Management Limited (Schroders ISF Global Gold Fund). The investment consists of 2,955,665 common shares priced at C$2.03 per share, matching the price of the recently closed C$23 million bought deal. There are no warrants attached to this placement. This funding is earmarked for exploration at the Cruz de Plata project and general working capital.
The impact of this news is Material - Positive for three primary reasons: - Institutional Validation: Following the recent entry of Stifel, TD, BMO, and Canaccord in the December 17 bought deal, the addition of Schroders—a tier-one global asset manager—further legitimizes the Cruz de Plata project. - Pricing Strength: The placement was executed at C$2.03, the same price as the large bought deal, suggesting that institutional demand is persistent even after a significant capital raise. This creates a psychological "floor" at the C$2.00 level. - Capital Fortress: Combined with the C$23 million closed on December 17, the company has raised C$29 million in a single month. This effectively removes all financing risk for the 2026 exploration and development season, including the ability to meet upcoming acquisition payments to Fresnillo.
Capitan Silver Corp. is focused on the Cruz de Plata project in Durango, Mexico. The project is an intermediate sulphidation epithermal system with a mineralized trend now exceeding 20km following massive land consolidation in 2025. - Flagship Project: Cruz de Plata (consisting of Jesus Maria Silver Trend and Capitan Hill Gold Deposit). - Recent Milestone: 115% increase in Inferred Gold Resource at Capitan Hill (525k oz Au). - Status: Advanced Exploration moving toward Development.