SIND

EX-99.1

2 ef20084789_ex99-1.htm

EXHIBIT 99.1

Exhibit 99.1

NYSE: SIND | BMV: SIND

Sinda Ltd. Reports Third Quarter 2026 Results, Highlighting Continued Drilling Success and Notable Progress Toward the Caracol Exploration Decline

SAN MIGUEL DE ALLENDE, Mexico – November 2, 2026 – Sinda Ltd. (NYSE: SIND) (“Sinda” or the “Company”) today announced third quarter 2026 results and the filing of its Form 10-Q.

“Sinda is laying the foundations for a world-class silver-gold mine, with the third quarter bringing excellent progress in drilling, exploration and site preparation” said Daniel Muñiz, Sinda’s Executive Chairman. “Our priorities are clear: methodically and consistently take the project up the value chain, invest our capital where it can generate the highest returns, and meet or indeed exceed our key milestones. With a generational discovery, an experienced leadership team, and a disciplined approach to execution of our development plan in a superb location, we are well positioned to deliver exceptional long-term returns for Sinda’s shareholders.”

Third Quarter 2026 Highlights

Operational Highlights

•

Launched earthworks in September, an important milestone in preparing for underground development. Work included preparing the exploration decline portal and the Waste Rock Storage Facility (WRSF), with approximately 6,500 cubic meters of material moved during the quarter.

•

Advanced Phase 2 drilling, deploying 18 rigs and completing approximately 31,150 meters in the third quarter 2026, with work focused on resource conversion at Caracol, infill drilling at Agaves and exploration along the Don Diego corridor and other priority targets.

•

Achieved the highest-grade drill intercept to date at Caracol: 3.05 m grading 12,494 g/t silver-equivalent (AgEq), including 0.65 m at 24,548 g/t AgEq1.

•

Identified, through initial drilling at Don Diego, a possible structural link between Caracol and Agaves, pointing to broader exploration potential across Sinda’s land package in the prolific Guanajuato Mining District.

•

Maintained a record of more than 501,480 work hours without lost-time incidents, recordable injuries, or disabling accidents, achieving a Total Recordable Injury Frequency Rate (TRIFR) of 0.00 and demonstrating strong occupational health and safety performance.

•

Upheld strong community relations and operational stability through regular dialogue and local outreach initiatives, including specialized upskilling training for more than 1,500 women.

•

Continued to deliver an excellent environmental record through the quarter, reflecting Sinda’s ongoing commitment to responsible environmental practices.

1 Silver-equivalent calculations assumed a silver price of $32.00 per ounce and gold price of $2,750 per ounce, independent of potentially variable metallurgical recovery by metal, as recovery is assumed to be equal for both silver and gold for purposes of calculating silver-equivalent values. The AgEq calculation is derived from the following simplified formula: AgEq = Ag grade + (Au grade * ($2,750.00 ÷ $32.00)).

SINDA THIRD

QUARTER 2026 RESULTS | NEWS RELEASE

1

Corporate Highlights

•

Added to the VanEck Junior Gold Miners ETF (NYSE Arca: GDXJ), effective September 18, 2026.

•

Listed on the International Quotation System (SIC) of the Mexican Stock Exchange on September 28, 2026, allowing Mexican institutional and retail investors to trade Sinda shares locally.

•

Further strengthened the Board of Directors with the appointment of Alberto Zinser, a seasoned Mexican legal and business leader, effective October 12, 2026.

Upcoming Milestones

•

Phase 2 drilling continues with a total of 122,000 meters currently planned. The assay results will be released as they are received, analyzed, and confirmed by the Company.

•

Site preparation is on track for completion during the fourth quarter 2026, paving the way for construction of the exploration decline. This marks a key step forward in the development of the project, bringing the Company closer to establishing underground access and accelerating the next phase of Caracol.

•

Updated Mineral Resource Estimate (“MRE”) targeted for completion by year-end 2026.

Sinda Project Update

The project is a world-class silver-gold deposit located approximately 35 kilometers from San Miguel de Allende, Guanajuato, Mexico. Positioned within the heart of Mexico’s Silver Belt in the Guanajuato Mining District, the project spans 6,200 hectares of concessions and benefits from a highly prospective geological setting, major transportation networks, power infrastructure, a skilled workforce, and established mining communities.

On June 2, 2026, the Company reported an MRE and SEC Technical Report Summary (“Technical Report”) titled “SEC Technical Report Summary Sinda Project, Guanajuato, Mexico”. The MRE features an estimated 369 million AgEq ounces of Inferred Mineral Resources and 16 million AgEq ounces of Indicated Mineral Resources, plus incremental

EX-99.1

2 ef20080100_ex99-1.htm

EXHIBIT 99.1

Exhibit 99.1

Sinda Ltd. Reports Second Quarter 2026 Financial Results and Provides Operational Update

Raised Total Gross Proceeds of ~$331 million via IPO and Fresnillo Concurrent Placement

Completed 60,810-Meter Phase 1 Surface Drilling Program

and Initiated Phase 2 Targeting Additional 122,000 Meters

Achieved Exceptional Drilling Results at the New Don Diego Corridor

Advancing Works to Initiate Construction of the Exploration Decline in 2H 2026

SAN MIGUEL DE ALLENDE, Guanajuato, Mexico – August 14, 2026 – Sinda Ltd. (NYSE: SIND) (“Sinda” or the “Company”) today reported financial and operational results for the second quarter ended June 30, 2026, and provided an update on its development plan presented at the time of its initial public offering (“IPO”).

Sinda’s debut on the New York Stock Exchange (“NYSE”) on June 26, 2026, marks the beginning of an exciting new chapter in the advancement of what we believe to be one of the world’s most significant silver discoveries in recent years. Our IPO and strategic concurrent placement were met with notable market enthusiasm, ultimately securing $331.3 million in total gross proceeds.

•

Capitalizing on its compelling narrative, the Company saw strong investor demand in its IPO, leading to the underwriters exercising their overallotment option in July.

•

In a powerful validation of the Sinda project’s size and quality, the industry’s global leader and our neighbor — Fresnillo plc (“Fresnillo”) — secured a strategic 5.0% ownership stake in Sinda’s outstanding common stock in a concurrent placement as part of the IPO.

•

These combined proceeds provide our “best of breed” management team with a robust capital base to aggressively fund our disciplined exploration and development plans while systematically de-risking the project.

•

This capital engine, and attendant industry endorsement, positions Sinda to diligently unlock the great value of a world-class silver-gold discovery that has already identified an estimated 369 million silver-equivalent ounces of Inferred Mineral Resources and 16 million silver-equivalent ounces of Indicated Mineral Resources, plus incremental Exploration Targets of 452 – 484 million silver-equivalent ounces that, while conceptual in nature and insufficiently explored to estimate a mineral resource, offer line of sight to a base of more than 800 silver-equivalent ounces on only 38% of the known veins drilled.

1

EXECUTIVE COMMENTARY

Daniel Muñiz Quintanilla, Executive Chairman of Sinda, commented:

“With its successful IPO, as the pure play vehicle on a brand-new district in the “Guanajuato Sur” area, Sinda put a spotlight on what we believe to be one of the most important silver-gold discoveries in Mexico — if not the world.

The events of this past quarter, characterized by our thorough execution of the strategic plan that was outlined when entering the U.S. capital markets, have only reinforced Sinda’s highly differentiated narrative in the silver space. To start with, we completed our highly productive Phase 1 surface drilling program and progressed the essential work to move underground with an exploration decline — with construction planned to commence during the second half of 2026.

In addition, we strongly advanced Don Diego as a key near-term exploration focus. We are greatly encouraged by our initial findings at Don Diego, where drilling has revealed a potential connection between our Caracol and Agaves areas. Notably, Don Diego is not included in either our current Inferred and Indicated Mineral Resource estimates, nor the previously defined Incremental Exploration Targets.

As hinted at by Don Diego, we believe that our systematic exploration campaign has only begun to define the full extent of this district’s potential. Unlocking a continuous, integrated mineralized system across these zones would represent an exceptional opportunity for us to expand our district’s total resource potential.

As we advance Sinda, we remain laser-focused on responsible development and stewardship in Guanajuato. Our priorities are clear: create value through exploration to take Sinda further up the value chain, advance engineering and permitting to develop this incredibly rich district, and support an updated Mineral Resource Estimate targeted for year-end 2026.

From that standpoint, the success of our recent IPO, as validated by the market as well as our industry peers, constitutes a pivotal milestone. Strategic anchor investments from global industry leaders like Fresnillo and Franco-Nevada serve as a strong, independent testament to the sheer scale and quality of our assets. These momentous developments reinforce our confidence in the long-term potential of the Sinda Project and our vision of developing the next major silver district in Guanajuato, Mexico.

Looking beyond our disciplined exploration and development, we are well positioned to transition Sinda into a world-class produ