Bear Creek Mining Corporation Obtains Final Order for Arrangement with Highlander Silver Corp.

Executive Summary

• Bear Creek Mining Corp. received final court approval for its arrangement with Highlander Silver Corp., allowing Highlander to acquire all outstanding Bear Creek common shares.
• The transaction is expected to close on or about February 26, 2026, subject to regulatory approvals and other conditions precedent.
• Shareholders will receive 0.1175 Highlander Silver common shares for each Bear Creek share held.

Key Details

• Final court order issued by the Supreme Court of British Columbia confirming the arrangement under the Business Corporations Act.
• Approval was previously obtained from all relevant voting security holders at a special meeting on February 19, 2026.
• Closing is contingent upon satisfaction of all conditions precedent, including regulatory approvals.
• Upon closing, Bear Creek shareholders must submit a letter of transmittal and any share certificates to Endeavour Trust Corporation to receive their consideration.
• The arrangement was originally announced in Bear Creek’s news release dated January 19, 2026 and detailed in the management information circular dated January 16, 2026 (available on SEDAR+).
• Forward‑looking statements disclose risks that could delay or prevent completion, including regulatory hurdles, legal proceedings, or unexpected costs.

Notable Quotes

“On behalf of the Board of Directors,” – Eric Caba, President and Chief Executive Officer, Bear Creek Mining Corp. (signing statement)