Highlander Silver Corp. has completed its acquisition of Bear Creek Mining Corporation through a plan of arrangement, establishing Bear Creek as a wholly-owned subsidiary. The transaction included debt settlement obligations totaling US$7.8 million, with payments of US$6.2 million to Royal Gold and US$1.6 million to Equinox, alongside the repayment of obligations to Wheaton Precious Metals. The combined entity will consolidate its focus on advancing the San Luis gold-silver project in Peru.
As part of the transaction conclusion, Bear Creek Mining shares will be delisted from the TSX Venture Exchange on or about March 2, 2026. This delisting marks the formal completion of the integration process, following the regulatory approval and shareholder authorization required for the plan of arrangement.
The merger establishes a unified operating structure for the development of the San Luis project, streamlining management and operational oversight of the combined entity's mineral assets and exploration activities in Peru.