Highlander Silver arranges $75-million offering

Executive Summary

• Highlander Silver Corp. announced a C$75 million bought‑deal public offering of 20 million common shares at $3.75 per share, underwritten by National Bank Financial Inc. (lead underwriter and sole bookrunner).
• The underwriters have an overallotment option to purchase up to an additional 15 % of the shares purchased, exercisable within 30 days after closing.
• Net proceeds will fund exploration, development, permitting, property acquisition, working capital and general corporate purposes for the San Luis gold‑silver project in Peru.

Key Details

• Offering Size & Price: 20 million common shares at $3.75 per share; aggregate gross proceeds of C$75 million.
• Underwriter(s): National Bank Financial Inc. (lead underwriter and sole bookrunner) with a syndicate of underwriters.
• Overallotment Option: Up to an additional 15 % of the purchased shares may be bought at the offering price, exercisable any time on or before the 30th day after closing, at the underwriters’ discretion, for overallotments and market stabilization.
• Use of Proceeds:
• Advancement of exploration and development activities at the San Luis gold‑silver project (Peru).
• Project studies and permitting.
• Property investigation and acquisition activities.
• Working capital and general corporate purposes.
• Closing Date: Expected on or about September 29, 2025, subject to customary conditions (corporate and regulatory approvals, including Toronto Stock Exchange approval).
• Offering Mechanics:
• Shares offered publicly in all Canadian provinces/territories except Quebec via a prospectus supplement to the short‑form base shelf prospectus dated April 10, 2025.
• May be offered on a private placement basis to qualified institutional buyers in the United States under Rule 144A.
• Potential distribution outside Canada and the U.S. on a non‑registered basis that does not create reporting obligations in those jurisdictions.
• Access to Documentation: Prospectus supplement, base shelf prospectus, and any amendments are available free of charge on SEDAR+ or by contacting National Bank Financial Inc. (phone 416‑869‑8414; email [email protected]).

Notable Quotes

(No direct quotes were provided in the release.)