Bear Creek Mining Corporation

Highlander Silver Completes Bear Creek Takeover, Settles Debt

Toronto – October 12, 2026 -- Highlander Silver Corp. (TSX: HSLV) has completed its plan of arrangement to acquire all shares of Bear Creek Mining Corporation (TSXV: BCM), issuing 36,225,457 of its own common shares and making Bear Creek a wholly owned subsidiary.

Highlander Silver pays 0.1175 of its shares for each Bear Creek share

Under the arrangement, completed under Division 5 of Part 9 of the Business Corporations Act (British Columbia), each Bear Creek share was exchanged for 0.1175 Highlander shares. Highlander acquired 308,302,938 Bear Creek shares in total. Immediately before closing it held 50,000,000 shares, or about 13.95% of the outstanding stock, and its stake now stands at 100%.

Highlander Silver Maps Corani Targets Beyond Resource Footprint

Toronto – October 12, 2026 -- Highlander Silver Corp. (TSX, NYSE American: HSLV) reported that a geophysical study of its Corani Silver Project in Peru shows a mineral system far more extensive than historical drilling coverage, with untested potential to the west and south beneath shallow post-mineral cover. The company also reported an unaudited cash balance of about US$100 million and no debt.

Surveys cover over 90 km of IP-resistivity and 600 km of airborne magnetics

The study integrates historical datasets with the first airborne magnetic survey at Corani and more extensive induced polarization-resistivity surveys than previously undertaken. Highlander completed over 90 km of IP-resistivity and over 600 km of airborne magnetic surveys, and integrated the results with lithology, alteration and resource models, mapping and core logging data.