Highlander's placement rises to $94.9M w/ overallotment

Mr. Arun Lamba reports HIGHLANDER SILVER ANNOUNCES FULL EXERCISE AND CLOSING OF OVER-ALLOTMENT OPTION Further to Highlander Silver Corp.'s bought deal public offering of common shares of the company, which closed on Sept. 29, 2025, the underwriters have exercised their overallotment option in full, to purchase an additional 2.33 million common shares at a price of $3.75 per common share. Upon closing of the overallotment option, the company received additional gross proceeds of $8,737,500, resulting in total gross proceeds from the offering of $94,987,500. The offering was conducted by a syndicate of underwriters led by National Bank Financial Inc. as lead underwriter and sole bookrunner, and including Canaccord Genuity Corp., Velocity Trade Capital Ltd., CIBC World Markets Inc., Ventum Financial Corp., BMO Nesbitt Burns Inc. and Cormark Securities Inc. As previously announced, the net proceeds from the offering will be used to finance the advancement of exploration and development activities, project studies, and permitting at the company's San Luis gold-silver project in Peru, as well as for property investigation and acquisition activities, and for working capital and general corporate purposes. The offering was completed in all provinces and territories of Canada, except Quebec, pursuant to a prospectus supplement to the company's short form base shelf prospectus dated April 10, 2025, and in the United States on a private placement basis pursuant to an exemption from the registration requirements of the U.S. Securities Act of 1933, as amended, and applicable state securities laws and other jurisdictions. Copies of the supplement, the base shelf prospectus and the underwriting agreement are available under the company's profile on SEDAR+. About Highlander Silver Corp. Highlander Silver is primarily focused on advancing the bonanza grade San Luis gold-silver project that is located adjacent to the past-producing Pierina mine in central Peru. San Luis hosts indicated mineral resources of 356,000 ounces Au (gold) at 24.4 grams per tonne Au and 8.4 Moz (million ounces) Ag at 579 g/t Ag and ranks among the 10 highest-grade projects globally in both gold and silver categories. The company's significant shareholders include the Augusta Group, which boasts an exceptional record of value creation totalling over $4.5-billion in exit transactions, and strategic shareholders, the Lundin family and Eric Sprott. We seek Safe Harbor.