Sendero Resources Corp. Closes Offering of Common Shares for Gross Proceeds of $4.06 Million

Counsel to Stifel Nicolaus Canada Inc. with respect to Sendero Resources Corp's completion of their "best efforts" private placement for gross proceeds of C$4,066,050

Led by

On December 3, 2025, Sendero Resources Corp. (“Sendero”) completed a “best efforts” private placement for gross proceeds of C$4,066,050, led by Stifel Nicolaus Canada Inc. as sole bookrunner and agent (the “Agent” or “Stifel”). Sendero issued 4,280,053 common shares at a price of $0.95 per share, which includes a partial exercise of the Agent’s option.

Sendero is a mineral exploration company focused on advancing copper-gold assets at the Peñas Negras project in the Vicuña Belt, Argentina.

Stifel is a full-service investment banking firm which provides advisory and underwriting, institutional sales and trading, and equity research services to corporate clients and institutional investors.

Miller Thomson advised the Agent with a team led by Adam Kline, including Brandon Meyer and Raquel Moses (Capital Markets/Securities), along with the assistance of Kobi Rosoph and Sean Kim (Articling Students).