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Highlander Silver Corp.

5.25-20.9%1Y · USD

Highlander Silver Corp. is a mineral exploration company focused on the acquisition, exploration, and evaluation of properties in Peru. It explores for gold and silver deposits. The company holds a 100% interest in the San Luis project, which covers 230 square kilometers in Peru, and also holds an interest in the La Estrella project in Peru. Its headquarters are in Toronto, Canada.

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Highlander Silver Signs $330M Natixis Mandate for Peru Corani Project

Highlander Silver has signed a mandate with Natixis CIB for a fully underwritten seven-year senior secured project finance facility of $330M. The financing will be supported by a cost overrun facility of up to $100M, to be provided by Highlander Silver before the first draw, with final facility amounts remaining subject to due diligence. The company will use the funds to finance the development and construction of its Corani Silver Project in Peru. Highlander Silver had approximately $100M in cash and no debt as of June 30, and it retained 100% of the project's offtake rights. Closing of the facility is expected in Q1 2027.
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HSLV · Capital · Positive Signs $330M Natixis-led project finance facility plus $100M cost overrun support to fund construction of its Corani Silver Project.
Natixis · Capital · Positive Natixis CIB is mandated to underwrite the $330M senior secured project finance facility for Highlander Silver's Corani project.
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