Bear Creek Mining Sets Vote on Highlander Acquisition and Debt Restructuring

Bear Creek Mining ( (TSE:BCM) ) has shared an update.

Bear Creek Mining has filed and mailed meeting materials for a special securityholders’ meeting on February 19, 2026 to seek approval for its plan of arrangement under which Highlander Silver Corp. will acquire all remaining Bear Creek shares in exchange for 0.1175 Highlander shares per Bear Creek share, as well as for interest deferral agreements with major creditors Royal Gold and Equinox Gold. The board unanimously supports the transaction, which is backed by voting support agreements from insiders and key shareholders representing about 30% of the stock, and further underpinned by Highlander’s recent $18 million private placement for 50 million Bear Creek shares, giving Highlander about 15% ownership and providing Bear Creek with immediate liquidity. The deal is positioned as a way to unlock value by creating a debt-free, well-capitalized combined company with a strong shareholder base and complementary Peruvian assets, offering Bear Creek investors continued exposure to the Corani Project and an enhanced project pipeline alongside Highlander’s San Luis gold-silver development property.

The most recent analyst rating on (TSE:BCM) stock is a Hold with a C$0.72 price target. To see the full list of analyst forecasts on Bear Creek Mining stock, see the TSE:BCM Stock Forecast page.

Spark’s Take on TSE:BCM Stock

According to Spark, TipRanks’ AI Analyst, TSE:BCM is a Neutral.

The score is held down primarily by very weak financial performance, including sustained losses and a highly leveraged balance sheet with negative equity. Strong technical momentum provides the main offset, while valuation remains unattractive/unclear due to negative earnings and no dividend data.

To see Spark’s full report on TSE:BCM stock, click here.

More about Bear Creek Mining

Bear Creek Mining Corporation is a Canadian precious metals company focused on advancing its Corani Project, a large silver-focused asset in Puno, Peru. The company operates in the mining and mineral development industry, with a portfolio concentrated on precious and base metals projects in Peru and supported by strategic shareholders including Royal Gold, Equinox Gold, the Augusta Group, the Lundin family and Eric Sprott.

YTD Price Performance: 16.67%

Average Trading Volume: 1,325,636

Technical Sentiment Signal: Buy

Current Market Cap: C$205.6M

See more data about BCM stock on TipRanks’ Stock Analysis page.