Business
Highlander Silver Announces Upsizing of Previously Announced 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 Upsizing of Previously Announced 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. 23, 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 as a result of excess demand, it has agreed 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 ”), to increase the size of its previously announced bought deal financing. Highlander will now issue 23,000,000 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$86,250,000 (the “\n \n Offering\n \n ”). The Underwriters will have the option, exercisable in whole or in part, at any time on or prior to the 30th day following the Closing Date, at the sole discretion of the Underwriters, to purchase up to an additional 2,330,000 Common Shares at the Issue Price (the “Over-Allotment Option”).\n \n\n In all other respects, the terms of the Offering and use of proceeds therefrom will remain as previously disclosed in the original press release dated September 22, 2025. The Offering is expected to close on or about September 29, 2025 (the “Closing Date”), and is subject to certain conditions including, but not limited to, the receipt of all necessary corporate and regulatory approvals, including the approval of the Toronto Stock Exchange.\n \n\n The Common Shares will be offered publicly in all provinces and territories of Canada, except Quebec, by way of a prospectus supplement (the “\n \n Prospectus Supplement\n \n ”) to the Company’s short form base shelf prospectus dated April 10, 2025 (the “\n \n Base Shelf Prospectus\n \n ”) and may be offered...