Sinda completes $213 million NYSE IPO to support Mexican silver projects (SIND)

Silver explorer begins trading connected the NYSE

Sinda Ltd. (NYSE:SIND), a metallic exploration and improvement institution focused connected Mexico, has completed its archetypal nationalist offering, raising astir $213 cardinal successful gross proceeds earlier underwriting discounts, commissions and different offering-related expenses.

The institution sold 17,750,000 communal shares astatine a nationalist offering terms of $12.00 each. Its shares began trading connected the New York Stock Exchange connected June 26, 2026.

Morgan Stanley, Scotiabank and BMO Capital Markets acted arsenic associated pb book-running managers for the transaction, portion Canaccord Genuity, Citigroup and RBC Capital Markets served arsenic associated bookrunners.

Portfolio includes important metallic assets basal

According to the company, its Mexican mining portfolio contains an estimated 369 cardinal silver-equivalent ounces of Inferred Mineral Resources and 16 cardinal silver-equivalent ounces of Indicated Mineral Resources.

Sinda besides reported exploration targets ranging from 452 cardinal to 484 cardinal silver-equivalent ounces crossed its task portfolio.

The U.S. Securities and Exchange Commission declared the company's registration connection effectual connected June 25, 2026, and a prospectus relating to the offering has been filed with the regulator.

Sinda banal terms