Highlander Silver Corp.

Toronto – October 12, 2026 -- Highlander Silver Corp. (TSX: HSLV) has secured a US$40 million non-brokered private placement from strategic investor Eric Sprott, who agreed to buy 8,060,226 common shares at C$6.80 each.

Sprott is described as an arm's length investor and is already a strategic shareholder of the company. The shares carry a statutory four-month hold period under Canadian securities laws.

Highlander expects US$100 million in cash after closing the Bear Creek combination

President and CEO Daniel Earle said the added capital will accelerate growth plans across the portfolio. With the investment, the company expects to hold US$100 million in cash at the closing of its previously announced combination with Bear Creek Mining, disclosed on December 19, 2025.

The combination would add the Corani silver project, which Earle described as one of the largest permitted primary silver deposits in the world.

Toronto – October 12, 2026 -- Highlander Silver Corp. (TSX: HSLV) has closed a non-brokered private placement with investor Eric Sprott, raising aggregate gross proceeds of US$40 million through the issuance of 8,060,226 common shares.

The shares were priced at C$6.80 each. The source states the proceeds in U.S. dollars and the share price in Canadian dollars.

Highlander Silver earmarks proceeds for mineral project advancement

The company plans to use the net proceeds to advance its mineral projects and for working capital and general corporate purposes. It gave no allocation by project or budget line.

Highlander Silver is primarily focused on the San Luis gold-silver project in Central Peru, adjacent to the past-producing Pierina mine.

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%.

Toronto – October 12, 2026 -- Highlander Silver Corp. has received approval to list its common shares on the NYSE American LLC, with trading expected to begin Wednesday, March 11, 2026, under the symbol "HSLV."

The company will keep its existing Toronto Stock Exchange listing under the same ticker, giving it a dual-listed structure across Canadian and U.S. exchanges.

Highlander Silver holds assets in Peru and Mexico

The company is advancing a portfolio in Peru that includes the San Luis gold-silver project and the Corani silver project. It also operates the Mercedes gold-silver mine in Mexico.

According to S&P Global rankings cited by the company, San Luis ranks among the 10 highest-grade projects globally in both the gold and silver categories.

Toronto – October 12, 2026 -- Highlander Silver Corp. (TSX, NYSE American: HSLV) held about US$100 million in unaudited cash and no debt as of March 31 and forecasts a year-end cash balance of roughly US$60 million, according to its first portfolio update since completing the combination with Bear Creek Mining.

The Mercedes gold-silver mine in Sonora, Mexico, made a positive cash contribution in its first month of operations after restructuring under the new owner. President and CEO Daniel Earle said the baseline spending plan preserves flexibility to scale up exploration programs later in the year.

Toronto – October 12, 2026 -- Highlander Silver Corp. (TSX, NYSE American: HSLV) has appointed Poonam Puri as an independent director, effective immediately.

Puri brings tenured law and governance credentials from Osgoode Hall

Puri is a tenured Professor of Law and Research Chair in Corporate Governance at Osgoode Hall Law School in Toronto. She is also a corporate lawyer and Affiliated Scholar at Davies, Ward, Phillips & Vineberg, LLP. Her specialties are corporate law, corporate governance and capital markets regulation.

She is a member of the Order of Ontario. Her honors include the Institute of Corporate Directors Fellowship Award, the Ontario Law Society Medal and the Royal Society of Canada's Yvan Allaire Medal. She graduated from the University of Toronto Faculty of Law and Harvard Law School.

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.

Toronto – October 12, 2026 -- Shareholders of Highlander Silver Corp. (TSX, NYSE American: HSLV) approved every item on the agenda at the company's annual meeting, including the election of all six director nominees.

Shareholders elect all six nominees to the Highlander Silver board

Each of the six nominees put forward in the Management Information Circular dated May 12, 2026, was elected. The company published a summary of the director election results alongside its announcement.

Davidson & Company LLP stays on as Highlander Silver's auditor

Shareholders re-appointed Davidson & Company LLP, Chartered Professional Accountants, as auditors for the coming year. They also authorized the board to fix the auditors' remuneration.

President and CEO Daniel Earle, who also sits on the board, signed the announcement on behalf of the company. Arun Lamba, Vice President Corporate Development, is the designated information contact.

Toronto – October 12, 2026 -- Highlander Silver Corp. (TSX, NYSE American: HSLV) has grown the workforce at its Corani Silver Project in Peru to more than 300 team members, with site development advancing across camp, earthworks, roads and power infrastructure.

Local hiring is a stated priority as headcount tops 300

The company said it is emphasizing recruitment from local communities as it builds out the Corani team. Highlander Silver describes Corani as the largest silver deposit in development globally.

Carlos Ojeda, with 25+ years at Peruvian open-pit mines, leads project management

Carlos Ojeda, Vice President and General Manager, heads the project management team. He has more than 25 years of technical services experience in engineering, construction and operations at major open-pit mines in Peru, including Quellaveco, Antamina and Constancia.

Toronto – October 12, 2026 -- Highlander Silver Corp. has signed a mandate letter with Natixis Corporate & Investment Banking to lead a fully underwritten, 7-year, $330 million senior secured structured project finance facility for the Corani Silver Project in Peru.

The company will back the facility with a cost overrun facility of up to $100 million, which must be established before the first draw. Final facility amounts remain subject to due diligence. As of June 30, Highlander Silver reported cash of about $100 million and no debt.