Highlander Silver Finalizes Acquisition of Bear Creek Mining

The Highlander Silver and Bear Creek Mining merger is complete after final court approval and a 98.6% shareholder vote. Bear Creek shareholders will receive 0.1175 Highlander shares per share held.

The merger between Highlander Silver and Bear Creek Mining Corporation is now official, following the completion of all necessary steps. The deal, which received overwhelming shareholder support and final court approval, paves the way for the combined mining entity to move forward.

Shareholders and Court Give Final Approval

The path to completion culminated this week after the Supreme Court of British Columbia issued the final order on Monday. This judicial sign-off followed a decisive shareholder vote held on February 19. In that vote, Bear Creek Mining investors demonstrated strong backing for the transaction, with more than 98.6 percent of votes cast in favor of the arrangement.

Terms of the Share Exchange

For Bear Creek Mining shareholders, the finalized agreement means they will receive 0.1175 common shares of Highlander Silver for each share of Bear Creek Mining they hold. To obtain these new shares, registered stockholders must submit their share certificates along with a letter of transmittal to the transfer agent, Endeavor Trust Corporation. With all regulatory conditions now satisfied, the formal consolidation of the two companies is complete.