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Highlander Silver Announces Upsizing of Previously Announced Bought Deal Public Offering of Common Shares
Globenewswireยท2025-09-23 14:28

Core Points - Highlander Silver Corp. has increased its bought deal financing due to excess demand, now issuing 23,000,000 common shares at C$3.75 per share for total gross proceeds of C$86,250,000 [1][2] - The underwriters have an over-allotment option to purchase an additional 2,330,000 common shares at the offering price [1] - The offering is expected to close around September 29, 2025, pending necessary approvals [2] Company Overview - Highlander Silver is focused on the San Luis gold-silver project in Central Peru, which has indicated mineral resources of 356,000 ounces of gold at 24.4 g/t and 8.4 million ounces of silver at 579 g/t, ranking among the top 10 highest-grade projects globally [6][7] - Significant shareholders include the Augusta Group, Lundin family, and Eric Sprott, with a track record of over $4.5 billion in exit transactions [6]