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Sendero Resources Announces Closing Of $2 Million Institutional Equity Private Placement
(TheNewswire) Vancouver, British Columbia – January 26 , 2026 – TheNewswire -...
About this update from Sendero Resources Corp.
[{"type":"text","content":"Sendero Resources Announces Closing Of $2 Million Institutional Equity Private Placement\n(TheNewswire)\n\n\nVancouver, British Columbia – January 26 , 2026 –\nTheNewswire - Sendero\nResources Corp. (TSXV: SEND) (the “Company” or “Sendero”) is\npleased to announce the closing of a private placement (the\n“Offering”) by a single significant natural resources\ninstitutional investor (the “Purchaser”).  The Offering has been\nnon-brokered and results in the sale of 1,739,131 common shares of the\nCompany at C$1.15 per share, for total consideration of approximately\nC$2 million which represents a premium to the Company’s previous\nfinancing. Aggregate proceeds from both financings are C$6.06 million\nand will be used for the Company’s drilling and broader exploration\nefforts at its Penas Negras property and working capital\npurposes.\n\n\nThe Purchaser will hold, after giving effect to the\nOffering, approximately 6.7% of the issued and outstanding common\nshares of Sendero on a non-diluted basis.\n\n\n“This institutional-grade investment underscores the\nopportunity of Peñas Negras, strengthening our balance sheet and\ncorporate profile. Alongside our Foundational Investing Group led by\nPeter Marrone, Founder, Chairman & CEO of Yamana Gold and Allied\nGold, Pat DiCapo, founder and CEO of PowerOne Capital Markets, and\nEduardo Elsztain, a prominent Argentine industrialist and investor,\nthe Company continues to see participation from recognised\ninvestors,” said Alex Gostevskikh, Chief Executive Officer of\nSendero Resources.\n\n\n \n\n\nThe shares issued to the Purchaser pursuant to the\nOffering are subject to a four-month and one-day statutory hold\nperiod, in accordance with applicable securities laws. Closing of the Offering is subject to certain conditions\nincluding, but not limited to, the receipt of all necessary regulatory\napprovals, including the approval of the TSX Venture Exchange.  No\nfinder’s fees or commissions will be paid in connection with the\nOffering. \n\n\n \n\n\nThe proceeds of the Offering will be used for\nexploration on the Company’s properties in Argentina and for general\nworking capital purposes. Further details on the drilling and broader\nexploration efforts...