Highlander Silver Announces US$40 Million Strategic Investment by Eric Sprott to Accelerate Growth

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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 sectors1, 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.

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