Sinda closes $95.3M private placement with Fresnillo plc

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Go back to Sinda closes $95.3M private placement with Fresnillo plc

Sinda Ltd. Announces Closing of Concurrent Placement with Strategic Partner, Fresnillo plc.

July 28, 2026 4:17 PM EDT

SAN MIGUEL DE ALLENDE, Mexico--(BUSINESS WIRE)-- Sinda Ltd. (NYSE: SIND) (the "Company" or "Sinda") today issued a statement to confirm that on July 27, 2026, Sinda completed the closing of its previously announced concurrent private placement (the "Concurrent Placement") with Fresnillo plc ("Fresnillo"), pursuant to the Common Stock Purchase Agreement between Sinda and Fresnillo dated June 22, 2026 (the Purchase Agreement). At closing, Fresnillo purchased 7,939,544 shares of Sinda common stock at the Company's initial public offering price of $12.00 per share, for gross proceeds to the Company of approximately $95.3 million. Following that closing, and consistent with Sinda's... More