Sunshine Silver Mining & Refining Company, a U.S.-based mining company, closed its initial public offering of 23,000,000 shares of common stock at a public offering price of US$13.50 per share, including the full exercise by the underwriters of their option to purchase additional shares. The aggregate gross proceeds from the offering, before deducting underwriting discounts and commissions and other offering expenses, were approximately US$310.5 million. Sunshine’s common stock began trading on the New York Stock Exchange on June 4, 2026 under the ticker symbol “SSMR”.
Morgan Stanley, Scotiabank and BMO Capital Markets acted as joint lead book-running managers for the offering, and Canaccord Genuity, Citigroup and RBC Capital Markets acted as joint bookrunners. A registration statement relating to the securities was declared effective by the U.S. Securities and Exchange Commission on June 3, 2026.
John Sabetti and Victoria Zed acted as Canadian counsel to Sunshine Silver Mining & Refining Company (Mergers & Acquisitions and Capital Markets).
Jurisdictions
- United States
- Idaho
