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An update from Highlander Silver Corp ( (TSE:HSLV) ) is now available.
Highlander Silver Corp has successfully closed a $32 million bought deal private placement, selling 23 million common shares at $1.40 each. This oversubscribed offering, supported by the Lundin family and other stakeholders, will fund exploration activities at the San Luis project in Peru and support community hiring and development plans. The financing reflects strong investor confidence and positions Highlander Silver to enhance its exploration efforts post-rainy season in Central Peru.
More about Highlander Silver Corp
Highlander Silver Corp is a company focused on advancing silver exploration and development assets in the Americas. It is particularly noted for its San Luis gold-silver project in Central Peru, which is located near the Pierina mine. The company is supported by the Augusta Group, known for significant value creation, and strategic shareholders like the Lundin family and Eric Sprott. Highlander Silver is listed on the Canadian Securities Exchange under the ticker symbol HSLV.
Average Trading Volume: 500
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $4.5M
See more data about HSLV stock on TipRanks’ Stock Analysis page.