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SEC 8-K filings with transcript text

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2026
Q2

Q2 2026 Earnings

8-K

Aug 14, 2026

0001140361-26-032978

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.

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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

About Sinda Ltd. (SIND) Earnings

This page provides Sinda Ltd. (SIND) earnings call transcripts from SEC 8-K filings along with AI-powered predictions for post-earnings price movements. Our machine learning models analyze historical earnings data, pre-earnings price patterns, volume changes, and volatility to predict 1-day, 5-day, and 20-day returns after each earnings release.

Earnings transcripts are sourced directly from SEC EDGAR filings. Predictions are generated using gradient boosting models trained on SIND's historical earnings reactions. All predicted returns are shown as percentages, and predicted prices are calculated from the closing price at the time of prediction. Past performance does not guarantee future results.

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