Capitan Silver to Receive C$6 Million Investment from Schroders
Capitan Silver to Receive C$6 Million
Investment from Schroders
Vancouver, British Columbia--(Newsfile Corp. - December 23, 2025) -
Capitan Silver Corp. (TSXV:
CAPT)
("
Capitan
" or the "
Company
") is pleased to announce that it has entered into a subscription
agreement with Schroder Investment Management Limited ("
Schroders
"), pursuant to which Schroders
has agreed to purchase, on a non-brokered private placement basis, 2,955,665 common shares of the
Company (the "
Common Shares
") at a price of C$2.03 per Common Share for gross proceeds to the
Company of C$5,999,999.95 (the "
Private Placement
"). The Private Placement, made through the
Schroders ISF Global Gold Fund, together with the recently completed $23 million "bought deal" offering
under the 'listed issuer financing exemption' (the "
LIFE Offering
"), will result in a combined equity raise
of approximately $29 million through the issuance of an aggregate of 14,288,915 Common Shares at an
issuer price of C$2.03 per Common Share. For details on the LIFE Offering, see
news release of the
Company dated December 17, 2025 and entitled "Capitan Silver Announces Closing of C$23 Million
Bought Deal Financing, Including Full Exercise of the Underwriters' Option"
.
Alberto Orozco, Chief Executive Officer and a Director of Capitan, commented:
"The investment
by Schroders, a leading global active asset management firm with a strong history of investing in the
precious metals sector, represents a strong validation of our Cruz de Plata silver-gold project and our
long-term growth strategy. The endorsement from an institution of Schroders' distinction will, we
expect, continue to broaden our institutional shareholder base while enhancing our profile in the
capital markets. We look forward to welcoming Schroders as a long-term shareholder of the
Company."
Mr. Orozco continued:
"In addition to this announcement, we recently closed our first "bought deal"
brokered offering, which successfully introduced several new, high-quality institutional investors to our
Company. We are grateful for your support and we look forward to partnering with you on this next
chapter of our growth."
The net proceeds of the Private Placement are expected to be used to fund exploration activities at the
Company's Cruz de Plata silver-gold project and for working capital and general corporate purposes.
The Private Placement is expected to close the first week of January 2026, and is subject to certain
conditions, including, but not limited to, receipt of all necessary approvals, including the conditional
acceptance of the TSX Venture Exchange. The Common Shares issued under the Private Placement
will be subject to a four (4) month statutory hold period in Canada in accordance with applicable
Canadian securities laws. Certain arm's-length parties may receive a cash finder's fee payment in
connection with the Private Placement.
This news release does not constitute an offer to sell or a solicitation of an offer to buy nor shall there be
any sale of any of the securities in any jurisdiction in which such offer, solicitation or sale would be
unlawful, including any of the securities in the United States. The securities described herein have not
been, and will not be, registered under the U.S. Securities Act or any state securities laws and may not
be offered or sold within the United States or to, or for account or benefit of, U.S. Persons (as defined in
Regulation S under the U.S. Securities Act) unless registered under the U.S. Securities Act and
applicable state securities laws, or an exemption from such registration requirements is available.
About Capitan Silver Corp.
Capitan Silver is defining a new high-grade silver system at its Cruz de Plata project, located in the heart
of Mexico's primary silver belt. The Company is led by a proven and accomplished management team
that has previously advanced three projects into production, on time and on budget. The Company has
been diligent in maintaining a tight share structure and has one of the tightest share structures among its
peer group, with the top three shareholders owning over 37% of the Company's share capital. Capitan
Silver is fully funded and actively drilling at its Cruz de Plata Silver project.
About Schroders plc
Schroders is a global investment manager which provides active asset management, wealth
management and investment solutions, with £776.6 billion (€906.6 billion; $1064.2 billion) of assets
under management at 30 June 2025. As a UK listed FTSE100 company, Schroders has a market
capitalisation of circa £6 billion and over 5,800 employees across 38 locations. Established in 1804,
Schroders remains true to its roots as a family-founded business. The Principal Shareholder Group
continues to be a significant shareholder, holding approximately 44% of the issued share capital.
Schroders' success can be attributed to its diversified business model, spanning different asset classes,
client types and geographies. The company offers innovative products and solutions through four core
business divisions: Public Markets, Solutions, Wealth Management, and Schroders Capital, which
focuses on private markets, including private equity, renewable infrastructure investing, private debt &
credit alternatives, and real estate.
Schroders aims to provide excellent investment performance to clients through active management. This
means directing capital towards resilient businesses with sustainable business models, consistently with
the investment goals of its clients. Schroders serves a diverse client base that includes pension
schemes, insurance companies, sovereign wealth funds, endowments, foundations, high net worth
individuals, family offices, as well as end clients through partnerships with distributors, financial advisers,
and online platforms.
ON BEHALF OF CAPITAN SILVER CORP.
"Alberto Orozco"
Alberto Orozco, CEO
For more information please contact:
Alberto Orozco
CEO
Capitan Silver Corp.
Phone: (778) 327-6671
www.capitansilver.com
IR Team
Capitan Silver Corp.
Phone: (778) 327-6671
www.capitansilver.com
Cautionary Statement on Forward-Looking Information
This news release contains "forward-looking information" within the meaning of applicable Canadian
securities legislation based on expectations, estimates and projections as at the date of this news
release. Any statement that involves predictions, expectations, interpretations, beliefs, plans,
projections, objectives, assumptions, future events or performance (often, but not always, using
phrases such as "expects" or "does not expect", "is expected", "interpreted", "management's view",
"anticipates" or "does not anticipate", "plans", "budget", "scheduled", "forecasts", "estimates",
"potential", "feasibility", "believes" or "intends" or variations of such words and phrases or stating that
certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be
achieved) are not statements of historical fact and may be forward-looking information and are
intended to identify forward-looking information. This news release contains forward-looking
information pertaining to, among other things: the ability for the Company to complete the Private
Placement on the terms contemplated (if at all); the size of the Private Placement; the expected
ownership by Schroders of Common Shares; Schroders being a long-term supporting shareholder of
the Company; the negotiation and execution of definitive agreements in connection with the Private
Placement; the closing date of the Private Placement; the ability for the Company to obtain the
conditional and final acceptance of the TSX Venture Exchange; the anticipated use of proceeds of the
Private Placement; the ability for the Company to create value for its shareholders; and the prospects
of the Cruz de Plata gold-silver project (if any).
Forward-looking information is not a guarantee of future performance and is based upon a number of
estimates and assumptions of management, in light of management's experience and perception of
trends, current conditions and expected developments, as well as other factors that management
believes to be relevant and reasonable in the circumstances, including, without limitation,
assumptions about: the ability of exploration results, including drilling, to accurately predict
mineralization; errors in geological modelling; insufficient data; equity and debt capital markets; future
spot prices of gold and silver; the timing and results of exploration and drilling programs; the accuracy
of mineral resource estimates; production costs; political and regulatory stability; the receipt of
governmental and third party approvals; licenses and permits being received on favourable terms;
sustained labour stability; stability in financial and capital markets; and availability of mining
equipment and positive relations with local communities and groups. Forward-looking information
involves risks, uncertainties and other factors that could cause actual events, results, performance,
prospects and opportunities to differ materially from those expressed or implied by such forward-
looking information. Factors that could cause actual results to differ materially from such forward-
looking information are set out in the Company's public disclosure record on SEDAR+
(
www.sedarplus.ca
) under Capitan's issuer profile. Although the Company believes that the
assumptions and factors used in preparing the forward-looking information in this news release are
reasonable, undue reliance should not be placed on such information, which only applies as of the
date of this news release, and no assurance can be given that such events will occur in the disclosed
time frames or at all. The Company disclaims any intention or obligation to update or revise any
forward-looking information, whether as a result of new information, future events or otherwise, other
than as required by law.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of
this release.
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