KELLOGG, Idaho, May 26, 2026 /PRNewswire/ -- Sunshine Silver Mining & Refining Company (the "Company" or "Sunshine") today announced the launch of its initial public offering ("IPO") of 20,000,000 shares of its common stock. In connection with the offering, Sunshine expects to grant the underwriters a 30-day option to purchase up to 3,000,000 shares of common stock. The IPO price is expected to be between $13.50 and $16.50 per share.
Sunshine's common stock has been approved for listing, subject to official notice of issuance, under the ticker symbol "SSMR" on the New York Stock Exchange ("NYSE").
Morgan Stanley, Scotiabank and BMO Capital Markets are acting as joint lead book-running managers for the proposed offering. Canaccord Genuity, Citigroup and RBC Capital Markets are acting as joint bookrunners.
The proposed offering will be made only by means of a prospectus. A copy of the preliminary prospectus related to the proposed offering may be obtained from: Morgan Stanley & Co. LLC, Attention: Prospectus Department, 180 Varick Street, 2nd Floor, New York, New York 10014; Scotia Capital (USA) Inc., 250 Vesey Street, 24th Floor, New York, NY 10281, Attention: Equity Capital Markets, or by telephone at (212) 255-6854, or by email at us.ecm@scotiabank.com; and BMO Capital Markets Corp., Attn: Equity Syndicate Department, 151 W 42nd Street, 32nd Floor, New York, NY 10036, or by email at bmoprospectus@bmo.com.
A registration statement relating to these securities has been filed with the U.S. Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
About Sunshine Silver Mining & Refining Company
The Company is dedicated to bringing the historic, permitted Sunshine Mine back into production. As the largest mineral rights holder in Idaho's Coeur d'Alene Mining District – the most prolific silver district in U.S. history – Sunshine benefits from favorable mining regulations, an existing skilled labor force, mine suppliers and strong support for mining from the local population and government. The Sunshine Mine is one of the highest-grade primary silver resources in the world, and the Company is one of the few U.S.-based entities with a vertically integrated mine-to-mill-to-refinery platform, supported by a permitted onsite silver refinery and the major permits required for antimony production.
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SOURCE Sunshine Silver Mining & Refining
FAQ
What are the key details of the Sunshine Silver Mining (SSMR) IPO launched on May 26, 2026?
Sunshine Silver Mining launched an IPO of 20,000,000 common shares, with an additional 3,000,000-share underwriter option. According to Sunshine, the expected IPO price range is $13.50 to $16.50 per share, and the stock is approved for NYSE listing as SSMR.
What is the expected IPO price range for Sunshine Silver Mining stock (SSMR)?
The expected IPO price range for Sunshine Silver Mining common stock is $13.50 to $16.50 per share. According to Sunshine, this range applies to the 20,000,000 shares offered, with an additional 3,000,000 shares available to underwriters through a 30-day option.
How many shares are included in the Sunshine Silver Mining (SSMR) IPO and over-allotment option?
The Sunshine Silver Mining IPO includes 20,000,000 common shares plus an underwriter option for 3,000,000 more. According to Sunshine, the option is exercisable for 30 days, allowing underwriters to purchase additional shares if demand warrants within that period.
On which exchange will Sunshine Silver Mining (SSMR) list its IPO shares?
Sunshine Silver Mining common stock has been approved for listing on the New York Stock Exchange as SSMR. According to Sunshine, listing remains subject to official notice of issuance before trading can begin under the new ticker symbol on the NYSE platform.
Who are the lead underwriters for the Sunshine Silver Mining (SSMR) IPO?
Morgan Stanley, Scotiabank, and BMO Capital Markets are joint lead book-running managers for the IPO. According to Sunshine, Canaccord Genuity, Citigroup, and RBC Capital Markets are also participating as joint bookrunners in distributing SSMR shares to institutional and retail investors.
How can investors obtain the preliminary prospectus for the Sunshine Silver Mining (SSMR) IPO?
Investors can request the preliminary prospectus from Morgan Stanley, Scotia Capital (USA), or BMO Capital Markets. According to Sunshine, contact options include postal mail to specified New York addresses, telephone for Scotia Capital, or dedicated email addresses for Scotia and BMO.
Is the Sunshine Silver Mining (SSMR) IPO registration statement effective with the SEC?
The registration statement for Sunshine Silver Mining securities has been filed but is not yet effective. According to Sunshine, SSMR shares cannot be sold, and offers to buy cannot be accepted, until the registration statement becomes effective under U.S. securities regulations.
