Highlander Silver Corp. (CNSX:HSLV) will look for acquisition opportunities. The company announced that it has negotiated a $3 million offering of units with strategic investors, including the Augusta Group and members of the Lundin family.

Concurrent with the Offering the Company will be completing a consolidation of its common shares on a 2 for 1 basis (the 'Consolidation'). The Offering is comprised of 30,000,000 post-consolidated units of the Company at $0.10 per unit for gross proceeds of $3,000,000. The Company plans to use the net proceeds for permitting and subsequent drilling at the La Estrella project, ongoing assessment of acquisition opportunities and for general corporate purposes.