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Feb 2, 2026 4:24 AM

Highlander Silver Closes US$40 Million Strategic Investment by Eric Sprott

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

TORONTO, Jan. 30, 2026 (GLOBE NEWSWIRE) -- Highlander Silver Corp. (TSX:HSLV) ("Highlander Silver" or the "Company") is pleased to announce that it has closed its previously announced non-brokered private placement with Mr. Eric Sprott (the "Private Placement"). Pursuant to the Private Placement, the Company issued 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").

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.

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 ...