Financings
Highlander Silver closes $40-million (U.S.) financing

HSLV · Price
Executive Summary
- Highlander Silver Corp. has closed a non-brokered private placement with strategic investor Eric Sprott, raising $40 million USD in gross proceeds.
- The company issued 8,060,226 common shares at a price of $6.80 CAD per share to complete the transaction.
- Net proceeds will be utilized to advance the company's mineral projects, specifically the San Luis project, and for general working capital and corporate purposes.
Key Details
- Transaction Structure: Non-brokered private placement.
- Investor: Eric Sprott.
- Gross Proceeds: $40,000,000 USD.
- Shares Issued: 8,060,226 common shares.
- Price Per Share: $6.80 CAD.
- Use of Proceeds: Advancement of mineral projects (San Luis), working capital, and general corporate purposes.
- Project Context: Highlander Silver is focused on the San Luis gold-silver project in Peru, which hosts indicated resources of 356,000 oz Au at 24.4 g/t and 8.4 million oz Ag at 579 g/t.
- Strategic Shareholders: The company notes significant shareholders include the Augusta Group, the Lundin family, and Eric Sprott.
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Jul 07, 2026 · 06:00