Eric Sprott Commits US$40M to Highlander Silver Placement
Toronto – October 12, 2026 -- Highlander Silver Corp. (TSX: HSLV) has secured a US$40 million non-brokered private placement from strategic investor Eric Sprott, who agreed to buy 8,060,226 common shares at C$6.80 each.
Sprott is described as an arm's length investor and is already a strategic shareholder of the company. The shares carry a statutory four-month hold period under Canadian securities laws.
Highlander expects US$100 million in cash after closing the Bear Creek combination
President and CEO Daniel Earle said the added capital will accelerate growth plans across the portfolio. With the investment, the company expects to hold US$100 million in cash at the closing of its previously announced combination with Bear Creek Mining, disclosed on December 19, 2025.
The combination would add the Corani silver project, which Earle described as one of the largest permitted primary silver deposits in the world.