# Sinda Ltd. (SIND) — capital_raise/atm_program [completed]
Source: SEC API (secapi.ai) · situation sit_57333e125eb705c844a4 · retrieved 2026-08-11T16:13:58.238Z

## Overview
Sinda Ltd. is a silver exploration company holding title to five contiguous mining concessions covering a large-scale, high-grade, silver-gold greenfield discovery in the Guanajuato epithermal silver belt of Mexico, with estimated Inferred Mineral Resources of 369 million silver-equivalent ounces and Indicated Mineral Resources of 16 million silver-equivalent ounces.

Sinda Ltd. completed a concurrent private placement with Fresnillo plc on July 27, 2026, issuing 7,939,544 shares of common stock at $12.00 per share (the initial public offering price), resulting in gross proceeds of approximately $95.3 million. Fresnillo beneficially owns up to 5.0% of Sinda's issued and outstanding shares of common stock following the closing. The transaction was conducted pursuant to a Common Stock Purchase Agreement dated June 22, 2026, in reliance on Section 4(a)(2) of the Securities Act.

## Terms
- Counterparty: Fresnillo plc · Deal value: $95.3M · Consideration: cash · Stake: 5% · Price/share: $12

## Key dates
- Completed 2026-07-27

## Timeline
- 2026-07-27 · S-1 (0001140361-26-029787): S-1 - Sinda Ltd. — *Sinda Ltd. is a silver exploration company holding title to five contiguous mining concessions covering a large-scale, high-grade, silver-gold greenfield discovery in the Guanajuato epithermal silver belt of Mexico, with estimated Inferred Mineral Resources of 369 million silver-equivalent ounces and Indicated Mineral Resources of 16 million silver-equivalent ounces.* Sinda Ltd. completed a concurrent private placement with Fresnillo plc on July 27, 2026, issuing 7,939,544 shares of common stock at $12.00 per share (the initial public offering price), resulting in gross proceeds of approximately $95.3 million. Fresnillo beneficially owns up to 5.0% of Sinda's issued and outstanding shares of common stock following the closing. The transaction was conducted pursuant to a Common Stock Purchase Agreement dated June 22, 2026, in reliance on Section 4(a)(2) of the Securities Act.
  https://www.sec.gov/Archives/edgar/data/2096861/0001140361-26-029787.txt

## Citations
- 0001140361-26-029787 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000114036126029787