Sinda (SIND) reported its highest-grade drill intercept to date at the Caracol area of the Sinda Silver-Gold Project in Mexico and advanced preparations for an underground exploration decline.
Infill drillhole CECA-26-039-A, within the existing Inferred Mineral Resource at Caracol’s Dolores program, intersected 3.05 m grading 12,494 g/t AgEq, including 0.65 m grading 24,548 g/t AgEq, in the HD3 vein from 485.10 to 488.15 meters. The result supports both continuity and high-grade potential at Caracol and is expected to be included in a planned year-end 2026 Mineral Resource Estimate update. Sinda is executing a Phase 2 surface drilling campaign targeting an additional 122,000 meters through 2027 and currently operates 16 drill rigs, with plans to increase to 18.
Site preparation for an approximately 9-kilometer exploration decline at Caracol is underway, with initial works at the portal and waste rock storage facility and completion of initial site preparation targeted by the end of the fourth quarter of 2026.
Sinda Ltd (SIND) announced that its common stock will be added to the VanEck Junior Gold Miners ETF (GDXJ), effective at market close on September 18, 2026.
The inclusion follows Sinda’s initial public offering and New York Stock Exchange listing on June 26, 2026, which the company describes as another milestone in its evolution as a publicly traded precious metals company. Sinda’s leadership believes ETF membership will enhance the company’s profile among global precious metals investors as it advances the Sinda Project and its exploration and development strategy. GDXJ offers exposure to a portfolio of small- and mid-cap gold and silver mining companies worldwide.
Sinda (NYSE:SIND) reported a Q2 2026 net loss of $16.6 million, wider than $2.2 million a year earlier, driven by planned exploration, development and IPO-related costs. According to Sinda, the company completed Phase 1 surface drilling of 60,810 meters and advanced its Don Diego discovery with multiple high‑grade silver‑equivalent intercepts.
The company completed a NYSE IPO and overallotment plus a concurrent Fresnillo placement, raising total gross proceeds of $331.3 million. Sinda ended June 30, 2026 with cash of $204.3 million, later increased to total liquidity of $320.7 million, and is budgeting $98 million for a 9‑km exploration decline and $44 million for 223,000 meters of underground drilling.
Sinda (NYSE:SIND) announced it will host a webcasted conference call to discuss its second quarter 2026 financial results on Friday, August 14, 2026 at 12:00 p.m. ET. A live, listen-only webcast and an archived replay will be available on Sinda's investor relations website.
Sinda is a silver exploration and development company with projects in Mexico and reported Inferred and Indicated Mineral Resources plus additional Exploration Targets.
Sinda (NYSE:SIND) confirmed that on July 27, 2026 it closed a previously announced concurrent private placement with Fresnillo under a June 22, 2026 purchase agreement. Fresnillo bought 7,939,544 Sinda common shares at $12.00 per share, providing gross proceeds of about $95.3 million.
According to Sinda, it filed a Form S-1 on July 28, 2026 to register the potential future resale of these shares. The registration statement is not yet effective, no shares have been sold under it, and Fresnillo is subject to a 180-day lock-up. Sinda highlights Fresnillo as a long-term strategic partner and emphasizes the investment’s strategic importance.
Sinda Ltd. (NYSE: SIND) corrected and reiterated that on July 27, 2026 it closed its previously announced concurrent private placement with strategic partner Fresnillo plc under a June 22, 2026 Common Stock Purchase Agreement. Fresnillo purchased 7,939,544 Sinda common shares at the IPO price of $12.00 per share, providing Sinda with approximately $95.3 million in gross proceeds.
Following the closing, Sinda filed a Form S-1 registration statement with the SEC. According to Sinda, no shares have been sold under this filing, it does not represent an offer or intention by Fresnillo to sell, and Fresnillo remains subject to a 180-day lock-up.
Sinda (NYSE:SIND) closed its initial public offering of 17,750,000 shares of common stock at $12.00 per share, raising approximately $213 million in gross proceeds.
The stock began trading on the NYSE under ticker SIND on June 26, 2026, with several major banks as bookrunners.
Sinda (NYSE:SIND), a silver exploration company with projects in Mexico, begins trading on the NYSE. The Sinda Property in Guanajuato covers ~6,232 hectares and hosts an estimated 369M silver-equivalent ounces of Inferred and 16M ounces of Indicated Mineral Resources, with Indicated grading 692 g/t.
Fresnillo plans to subscribe for up to 5% of shares via private placement, while Franco-Nevada has a $10M equity order. Net offering proceeds will fund multi-year drilling and a 9 km underground exploration decline, targeting initial production by 2031.
Sinda (NYSE:SIND) priced its initial public offering of 17,750,000 common shares at $12.00 per share. Underwriters have a 30-day option for up to 2,662,500 additional shares. Trading on the New York Stock Exchange is expected to begin June 26, 2026, with closing on June 29, 2026, subject to customary conditions.