Highlander increases bought deal offering to $86.25M

Executive Summary

• Highlander Silver Corp. is upsizing its previously announced bought‑deal public offering, now issuing 23 million common shares at $3.75 per share for gross proceeds of $86.25 million.
• Underwriters have an option to purchase up to an additional 2.33 million shares at the same price before the 30th day after closing.
• The offering remains subject to customary corporate and regulatory approvals and is expected to close around September 29, 2025.

Key Details

• Offering Size: 23 million common shares (up from original size)
• Price per Share: $3.75 CAD
• Gross Proceeds: $86.25 million CAD
• Underwriter Option: Up to 2.33 million additional shares at $3.75, exercisable any time on or before the 30th day after closing, at underwriters’ sole discretion.
• Lead Underwriter / Bookrunner: National Bank Financial Inc., acting for a syndicate of underwriters.
• Closing Date: Expected on or about September 29, 2025.
• Regulatory Conditions: Subject to receipt of all necessary corporate and regulatory approvals, including Toronto Stock Exchange approval.
• Distribution Method: Public offering in all Canadian provinces/territories except Quebec via prospectus supplement to the short‑form base shelf prospectus dated April 10, 2025; private placement to qualified institutional buyers in the U.S. under Rule 144A; possible distribution outside Canada/U.S. without triggering reporting obligations.
• Access to Documentation: Prospectus supplement and base shelf prospectus will be available on SEDAR+ within two business days; copies can be obtained free of charge from National Bank Financial (phone 416‑869‑8414 or email [email protected]).

Notable Quotes

(No executive quotes were included in the release.)