Highlander Silver Commences 2024 Exploration Program at San Luis, Announces Board Change and Issuance of Shares

Highlander Silver Corp. (CSE:HSLV) has initiated field activities at the San Luis gold-silver project in Peru’s Ancash Department. The project, acquired in May 2024, has historical measured and indicated resources of 348,000 ounces of gold and 9,003,300 ounces of silver. Initial exploration will focus on geological mapping and sampling to identify growth and discovery targets.

Fabian Baker has resigned as a director to pursue other opportunities. In connection with his resignation, 450,000 stock options will be cancelled, and 146,923 common shares will be issued to him. Additionally, President and CEO David Fincham will receive 75,000 common shares for meeting performance targets related to capital raises.

The shares issued will be subject to a four-month hold period under applicable securities laws.