Northwire Canada EditionThursday, July 16, 2026
Northwire
HWY 0.370 +0.0% FCI 0.385 +1.3% GGAU 0.190 +0.0% KIRO 0.650 +1.6% LBNK 0.430 +0.0% BARU 0.040 +0.0% VCU 1.09 −4.4% NOBL 0.100 +0.0% SHL 0.360 +1.4% MTS 0.130 +0.0% FYL 0.090 +0.0% NUAG 5.50 +0.9% CAM 0.335 +0.0% SYH 0.405 +0.0% LOT 0.040 +0.0% CPL 0.180 −5.3% HWY 0.370 +0.0% FCI 0.385 +1.3% GGAU 0.190 +0.0% KIRO 0.650 +1.6% LBNK 0.430 +0.0% BARU 0.040 +0.0% VCU 1.09 −4.4% NOBL 0.100 +0.0% SHL 0.360 +1.4% MTS 0.130 +0.0% FYL 0.090 +0.0% NUAG 5.50 +0.9% CAM 0.335 +0.0% SYH 0.405 +0.0% LOT 0.040 +0.0% CPL 0.180 −5.3%
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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