Highlander Silver Corp. announced a private placement to issue 20,514,222 common shares of the company at a price CAD 0.45 per share for gross proceeds of CAD 9,231,400 on April 20, 2024. The transaction includes participation from members of the Lundin family, Richard Warke and Eric Sprott.

The Offering is subject to CSE approval and the securities issued pursuant to the Offering will be subject to a statutory hold period of four months from the date of issuance. the Transaction is subject to certain conditions, including receipt of all required regulatory approvals. Closing is currently expected to occur in Q2 2024.