Sunshine Silver Mining prices IPO at $13.50 per share

Sunshine Silver Mining & Refining Company announced the pricing of its initial public offering of 20 million shares at $13.50 per share. The company has granted underwriters a 30-day option to purchase an additional 3 million shares at the same price, less underwriting discounts and commissions.

The common stock is expected to begin trading on the New York Stock Exchange on June 4, 2026, under the ticker symbol "SSMR." The offering is expected to close on June 5, 2026, subject to customary closing conditions.

Morgan Stanley, Scotiabank and BMO Capital Markets are serving as joint lead book-running managers for the offering. Canaccord Genuity, Citigroup and RBC Capital Markets are acting as joint bookrunners.

Based in Kellogg, Idaho, the company operates the Sunshine Mine and describes itself as the largest mineral rights holder in Idaho's Coeur d'Alene Mining District. The company operates a vertically integrated platform that includes mining, milling and refining operations with an onsite silver refinery and permits for antimony production.

The offering will be made through a prospectus, with copies available from the underwriters. A registration statement has been filed with the U.S. Securities and Exchange Commission but has not yet become effective.

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