Valuation Update With 7 Day Price Move • Jun 05
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CA$6.31, the stock trades at a trailing P/E ratio of 75.4x. Average forward P/E is 5x in the Metals and Mining industry in Canada. Total returns to shareholders of 2,768% over the past three years. Announcement • May 14
Highlander Silver Corp. Appoints Poonam Puri as Independent Director to Board, Effective May 13, 2026 Highlander Silver Corp. announced the appointment of Ms. Poonam Puri to the Company’s Board as an independent Director, effective May 13, 2026. Ms. Poonam Puri is an experienced corporate director and scholar of corporate law, corporate governance, and capital markets regulation. Ms. Puri is a tenured Professor of Law and Research Chair in Corporate Governance at Osgoode Hall Law School in Toronto, Ontario, and a corporate lawyer and Affiliated Scholar at Davies, Ward, Phillips & Vineberg, LLP. Ms. Puri is a member of the Order of Ontario, and is a recipient of the Institute of Corporate Directors Fellowship Award, the Ontario Law Society Medal and the Royal Society of Canada’s Yvan Allaire Medal for exemplary contributions to the governance of public and private institutions in Canada. Ms. Puri is a graduate of the University of Toronto Faculty of Law and Harvard Law School. Announcement • Apr 08
Highlander Silver Corp. Commences Drilling At Corani Silver Project and Provides Portfolio Update Highlander Silver Corp. is providing a portfolio update following the successful completion of its combination with Bear Creek Mining. Corani Silver Project – Puno, Peru: Exploration: The Company will provide a standalone exploration update later this quarter that includes early results from the exploration programs listed below:First-ever airborne magnetic survey totaling 620 line km, covering the majority of the land package completed54 km of planned 60 km induced polarization survey completed, with program expanded to 96 km to cover additional potential extensions interpreted from resultsFirst exploration drilling program in over a decade is now underway with the first of four planned rigs targeting high-impact exploration, resource growth, infill and oxide drilling, as well as technical drilling to support optimization studies Site Preparation and De-risking Earthworks for internal roads and platforms commencedCamp and facility improvements underwayLong-lead-time equipment orders will be placed in late Q2/26Substation construction underway, with powerline to commence in late Q2/26Access road rehabilitation underway, with new road construction to commence in late Q2/26 Studies, Consultants and Contractors Updated Feasibility Study based on staged-development approach completed by the end of Q3/26 aiming to maximize returns on a per share basis while mitigating capital expenditure, funding, timeline and execution risksRespected international and specialist-Peruvian consultants and contractors appointed for the majority of the main work packages, with further appointments to follow: Resource, reserves and mine planning — MINSYS Mining SystemsProcessing plant and infrastructure — Ausenco EngineeringContractors — ApuCorp, Xplomine and CumbrEx. 
