Titiminas Silver Secures $25M Private Placement Led by Canaccord Genuity
Titiminas Silver Inc. has taken a major step forward in its financing plans. The company has chosen Canaccord Genuity Corp. to lead a private placement of subscription receipts. This move follows a recent business combination agreement with 1317202 B.C. Ltd., signed just days earlier.
On January 23, 2026, Titiminas Silver Inc. and 1317202 B.C. Ltd. finalised a definitive business combination agreement. The deal marks a key development for both firms.
The private placement, announced shortly after, targets approximately $25 million in funding. Each subscription receipt will be priced at $1.75. Canaccord Genuity Corp. was selected for its deep expertise in capital markets, particularly in mining financings, and its strong ties with institutional investors. The company's role was confirmed in a prospectus supplement filed on January 28, 2026.
As part of the agreement, the agents also hold an option to sell an extra 15% of the subscription receipts at the same price. This flexibility could further boost the total funds raised.
The private placement aims to secure significant capital for Titiminas Silver Inc. With Canaccord Genuity Corp. leading the effort, the company expects strong investor interest. The funds will support its growth plans following the recent business combination.
