Highlander Silver Secures $330 Million Financing Mandate for Peru Silver Project
Highlander Silver has signed a mandate with Natixis CIB for a fully underwritten seven-year senior secured project finance facility of $330 million. The financing is intended to support the company's silver project in Peru and includes an additional cost overrun facility of up to $100 million, which will be provided by Highlander Silver itself. This development marks a significant step forward for the company as it moves closer to advancing its Peruvian mining initiative. With this secured funding, Highlanders aims to ensure financial stability during project execution while managing potential overruns through internal resources. The move is expected to bolster investor confidence and provide clarity on capital availability in an otherwise volatile market. The financing arrangement reflects strong institutional backing from Natixis CIB and highlights the strategic importance of the Peru silver project for Highlander Silver’s growth trajectory.
