Business
Highlander Silver Announces C$75 Million Bought Deal Public Offering of Common Shares
NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES ...
About this update from Highlander Silver Corp
[{"type":"text","content":"Highlander Silver Announces C$75 Million Bought Deal Public Offering of Common Shares\n\n\n\n\n NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES\n \n\n\n\n THE SHELF PROSPECTUS SUPPLEMENT, THE CORRESPONDING BASE SHELF PROSPECTUS AND ANY AMENDMENT TO THE DOCUMENTS ARE ACCESSIBLE THROUGH SEDAR+ OR WILL BE ACCESSIBLE THROUGH SEDAR+ WITHIN 2 BUSINESS DAYS, AS APPLICABLE.\n \n\n\n TORONTO, Sept. 22, 2025 (GLOBE NEWSWIRE) -- Highlander Silver Corp. (TSX:HSLV) (“\n \n Highlander\n \n ” or the “\n \n Company\n \n ”) is pleased to announce that it has entered into an agreement with National Bank Financial Inc. (“\n \n NBF\n \n ”) as lead underwriter and sole bookrunner, on behalf of a syndicate of underwriters (collectively, the “\n \n Underwriters\n \n ”) pursuant to which the Underwriters have agreed to purchase, on a bought deal basis, 20,000,000 common shares of the Company (the “\n \n Common Shares\n \n ”) at a price of C$3.75 per Common Share (the “\n \n Offering Price\n \n ”) for aggregate gross proceeds of C$75,000,000 (the “\n \n Offering\n \n ”).\n \n\n The Company has granted the Underwriters an option, exercisable in whole or in part, at any time on or prior to the 30\n \n th\n \n day following the Closing Date (as defined below), at the sole discretion of the Underwriters, to purchase up to an additional 15% of the number of Common Shares purchased pursuant to the Offering at the Offering Price (the “\n \n Over-Allotment Option\n \n ”) to cover over-allotments, if any, and for market stabilization purposes.\n \n\n The net proceeds from the Offering will be used to fund the advancement of exploration and development activities, project studies and permitting at the Company’s San Luis gold-silver project in Peru, as well as for property investigation and acquisition activities and for working capital and general corporate purposes.\n \n\n The Offering is expected to close on or about September 29, 2025 (the “\n \n Closing Date\n \n ”), or such other date as the Company and the Underwriters may agree, and is subject to certain conditions including, but not limited to, the receipt of all necessary corporate and regulatory approvals, including the approval of...