Business
Capitan Silver Completes C$6 Million Investment from Schroders
Vancouver, British Columbia--(Newsfile Corp. - January 6, 2026) - Capitan Silver Corp. (TSXV: CAPT) ("Capitan" or the "Company") is pleased to announce, further to its news release dated December 23, 2025 (entitled "Capitan Silver to Receive C$6 Million Investment from Schroders"), that Capitan has completed its investment from Schroder Investment Management Limited acting as agent on behalf of one of its UCITS funds ("Schroders").Pursuant to the investment, Schroders purchased, on a...
About this update from Schroders Plc
[{"type":"text","content":"Vancouver, British Columbia--(Newsfile Corp. - January 6, 2026) - Capitan Silver Corp. (TSXV: CAPT) ("Capitan" or the "Company") is pleased to announce, further to its news release dated December 23, 2025 (entitled "Capitan Silver to Receive C$6 Million Investment from Schroders"), that Capitan has completed its investment from Schroder Investment Management Limited acting as agent on behalf of one of its UCITS funds ("Schroders").","length":475,"tagName":"p"},{"type":"text","content":"Pursuant to the investment, Schroders purchased, 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 "Schroders Investment").","length":292,"tagName":"p"},{"type":"text","content":"The Schroders Investment together with the recently completed $23 million "bought deal" offering under the 'listed issuer financing exemption' (the "LIFE Offering"), resulted in the Company raising equity of approximately $29 million in December 2025 through the issuance of an aggregate of 14,288,915 Common Shares at an issue 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".","length":633,"tagName":"p"},{"type":"text","content":"The net proceeds of the Schroders Investment 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. The Common Shares issued under the Schroders Investment will be subject to a four (4) month statutory hold period in Canada in accordance with applicable Canadian securities laws. The Schroders Investment remains subject to the final approval of the TSX Venture Exchange. A cash finder's fee in the aggregate amount of 6% may be paid to Stifel Canada, TD Securities Inc., BMO Capital Markets and Canaccord Genuity Corp. in connection with the Schroders Investment.","length":679,"tagName":"p"},{"type":"text","content":"This news release does not constitute an offer to sell or a solicit...