Business
Capitan Silver to Receive C$6 Million Investment from Schroders
Vancouver, British Columbia--(Newsfile Corp. - December 23, 2025) - Capitan Silver Corp. (TSXV: ...
About this update from Capitan Silver Corp
[{"type":"text","content":"Capitan Silver to Receive C$6 Million Investment from SchrodersVancouver, British Columbia--(Newsfile Corp. - December 23, 2025) - Capitan Silver Corp. (TSXV: CAPT) (\"Capitan\" or the \"Company\") is pleased to announce that it has entered into a subscription agreement with Schroder Investment Management Limited (\"Schroders\"), pursuant to which Schroders has agreed to purchase, on a non-brokered private placement basis, 2,955,665 common shares of the Company (the \"Common Shares\") at a price of C$2.03 per Common Share for gross proceeds to the Company of C$5,999,999.95 (the \"Private Placement\"). The Private Placement, made through the Schroders ISF Global Gold Fund, together with the recently completed $23 million \"bought deal\" offering under the 'listed issuer financing exemption' (the \"LIFE Offering\"), will result in a combined equity raise of approximately $29 million through the issuance of an aggregate of 14,288,915 Common Shares at an issuer price of C$2.03 per Common Share. For details on the LIFE Offering, see news release of the Company dated December 17, 2025 and entitled \"Capitan Silver Announces Closing of C$23 Million Bought Deal Financing, Including Full Exercise of the Underwriters' Option\".Alberto Orozco, Chief Executive Officer and a Director of Capitan, commented: \"The investment by Schroders, a leading global active asset management firm with a strong history of investing in the precious metals sector, represents a strong validation of our Cruz de Plata silver-gold project and our long-term growth strategy. The endorsement from an institution of Schroders' distinction will, we expect, continue to broaden our institutional shareholder base while enhancing our profile in the capital markets. We look forward to welcoming Schroders as a long-term shareholder of the Company.\"Mr. Orozco continued: \"In addition to this announcement, we recently closed our first \"bought deal\" brokered offering, which successfully introduced several new, high-quality institutional investors to our Company. We are grateful for your support and we look forward to partnering with you on this next chapter of our growth.\"The net proceeds of the Private Placement are expected to be used to fund exploration activities at the Company's Cruz de Plata silver-gold project and for working capital and general corporate purposes. T...