Northwire Canada EditionThursday, November 12, 2026
Northwire
⌕
Gold 4,000.50 −0.7% Silver 52.00 +1.5% Copper 6.27 +0.5% Oil 86.53 +0.6% Palladium 1,030.00 +0.9% TIG 0.800 +0.0% RVG 0.715 −4.0% FNV 354.26 −2.4% FDY 4.30 −0.5% MAU 16.05 −3.2% VOXR 6.78 −0.6% TLO 7.04 −1.0% NICU 1.95 −5.8% VTEN 0.440 +0.0% AWM 0.025 +0.0% OR 50.79 −1.8% AUXX 5.30 −5.5% TNR 0.420 +40.0% ORCL 0.030 +0.0% ELD 47.71 −5.4% OPW 0.140 −6.7% Gold 4,000.50 −0.7% Silver 52.00 +1.5% Copper 6.27 +0.5% Oil 86.53 +0.6% Palladium 1,030.00 +0.9% TIG 0.800 +0.0% RVG 0.715 −4.0% FNV 354.26 −2.4% FDY 4.30 −0.5% MAU 16.05 −3.2% VOXR 6.78 −0.6% TLO 7.04 −1.0% NICU 1.95 −5.8% VTEN 0.440 +0.0% AWM 0.025 +0.0% OR 50.79 −1.8% AUXX 5.30 −5.5% TNR 0.420 +40.0% ORCL 0.030 +0.0% ELD 47.71 −5.4% OPW 0.140 −6.7%
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.
Read the original news release →

More from Highlander Silver Corp.