Eric Sprott Invests $40M into NIA’s #1 Silver Pick
Highlander Silver Announces US$40 Million Strategic Investment by Eric Sprott to Accelerate Growth
Jan 27, 2026, 07:00 GMT
TORONTO, Jan. 27, 2026 (GLOBE NEWSWIRE) — Highlander Silver Corp. (TSX: HSLV) (“Highlander Silver” or the “Company”) is pleased to announce that Mr. Eric Sprott, an arm’s length strategic investor, has agreed to purchase an aggregate of 8,060,226 common shares in the capital of the Company (the “Offered Shares”) at a price of C$6.80 per Offered Share for aggregate gross proceeds of US$40,000,000 (the “Offering”) to the Company on a non-brokered private placement basis.
Daniel Earle, President and CEO of Highlander Silver, commented:
“The additional capital will allow us to accelerate growth plans within our portfolio, which includes the bonanza grade San Luis gold-silver project, one of the highest M&I resource grade projects in either the gold or silver sectors, and one of the largest permitted primary silver deposits in the world in the Corani silver project after the closing of the previously announced combination with Bear Creek Mining (see press release dated December 19, 2025). With this investment, we would expect to have US$100 million in cash at closing.”
The Company intends on using the net proceeds from the Offering to fund the advancement of the Company’s mineral projects and for working capital and general corporate purposes. The Offering is expected to close on or around January 30, 2026, and is subject to certain customary closing conditions including, but not limited to, the receipt of all necessary regulatory and other approvals, including the acceptance of the Toronto Stock Exchange (the “Exchange”). The Offered Shares to be issued pursuant to the Offering will be subject to a statutory four-month hold period under applicable securities laws in Canada.
In connection with the Offering, the Company may pay a finder’s fee to eligible arm’s length finders, as permitted by applicable securities laws and the rules of the Exchange.
This news release does not constitute an offer to sell or a solicitation of an offer to buy nor shall there by any sale of any of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”), of the securities laws of any state of the United States and may not be offered or sold within the United States (as defined in Regulation S under the U.S. Securities Act) unless registered under the U.S. Securities Act and applicable state securities laws or pursuant to an exemption from such registration requirements.
About Highlander Silver
Highlander Silver is primarily focused on advancing the bonanza grade San Luis gold-silver project that is located adjacent to the past-producing Pierina mine in Central Peru. San Luis hosts Indicated Mineral Resources of 356 koz Au at 24.4 g/t Au and 8.4 Moz Ag at 579 g/t Ag and ranks among the 10 highest grade projects globally in both gold and silver categories.1 Highlander Silver’s significant shareholders include the Augusta Group, which boasts an exceptional track record of value creation totaling over $4.5 billion in exit transactions, and strategic shareholders, the Lundin family and Eric Sprott.
Information contact
Highlander Silver
Arun Lamba, Vice President Corporate Development
Email: alamba@highlandersilver.com
Scientific and Technical Information
Scientific and technical information in the news release relating to the San Luis Project are taken from the technical report entitled, “Technical Report on the San Luis Property” dated January 15, 2025, prepared by independent “qualified person” (as defined in National Instrument 43-101 Standards of Disclosure for Mineral Projects), Martin Mount, MSc MCSM FGS CGeol FIMMM Ceng, and available on Highlander Silver’s SEDAR+ profile at www.sedarplus.ca.
Past performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. NIA’s President has purchased 125,000 shares of HSLV and can buy or sell shares at any time. This message is meant for informational and educational purposes only and does not provide investment advice.