Northwire Canada EditionSunday, September 20, 2026
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GOLD 4424.90 +0.6% SILVER 67.15 +1.6% COPPER 6.69 +0.5% OIL 96.08 −5.7% PALLADIUM 1319.50 +1.3% ARIC 0.760 −1.3% DCOP 0.095 +0.0% GLO 0.620 +3.3% CCM 0.770 +1.3% FAN 0.750 +2.7% FL 0.450 −1.6% BGF 0.030 +0.0% KLD 2.25 −0.4% SLVR 1.17 +1.7% LEM 0.250 +0.0% GENM 0.610 −3.2% SICO 9.80 +1.0% CTV 0.125 +0.0% CTM 0.140 +0.0% RSMX 0.110 −4.3% FT 0.145 +3.6% GOLD 4424.90 +0.6% SILVER 67.15 +1.6% COPPER 6.69 +0.5% OIL 96.08 −5.7% PALLADIUM 1319.50 +1.3% ARIC 0.760 −1.3% DCOP 0.095 +0.0% GLO 0.620 +3.3% CCM 0.770 +1.3% FAN 0.750 +2.7% FL 0.450 −1.6% BGF 0.030 +0.0% KLD 2.25 −0.4% SLVR 1.17 +1.7% LEM 0.250 +0.0% GENM 0.610 −3.2% SICO 9.80 +1.0% CTV 0.125 +0.0% CTM 0.140 +0.0% RSMX 0.110 −4.3% FT 0.145 +3.6%
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 →

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