We hold title to, or have exploration and exploitation rights on, five
contiguous mining concessions covering a large-scale, high-grade, silver-gold
greenfield discovery located in the historic Guanajuato epithermal silver belt
of Mexico (the βSinda Propertyβ or the βProjectβ). The Sinda Property is a large
primary silver asset that we believe has the potential to be a globally
significant mining operation.
The Sinda Property is located approximately 22 miles (35 kilometers) from the
colonial city of San Miguel de Allende in the Mexican state of Guanajuato,
approximately 180 miles (290 kilometers) northwest of Mexico City and 28 miles
(45 kilometers) southeast of the Guanajuato Mining District, in close proximity
to several of the worldβs largest and historically most productive silver
deposits and mines. The location of the Sinda Property provides access to
existing regional infrastructure and an established labor force to support
current and future exploration and mining activities. Mexico is the worldβs top
silver mining jurisdiction, accounting for approximately 20% of all global mined
silver production in 2025. Recent policy shifts in Mexico have reignited
investment and exploration, and we expect that this will provide a positive
backdrop for our exploration and development plans.
Large primary silver assets such as the Sinda Property are rare, with only
approximately 28% of global mined silver supply coming from primary silver mines
in 2024. Additionally, the universe of primary silver companies is small,
creating a scarcity of options for investors seeking silver exposure, which has
been exacerbated by recent consolidation among public silver mining companies.
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We were incorporated as an exempted company in the Cayman Islands in
November 2012 under the name βMinera Adularia International Ltd.β On March 1,
2023, we changed our name to Sinda Ltd. Prior to the effectiveness of the
registration statement of which this prospectus forms a part, we will
de-register in the Cayman Islands and register by way of continuation in the
State of Delaware by filing a Certificate of Domestication to incorporate in the
State of Delaware under the name βSinda Ltd.β
Our principal executive office is located at Antiguo Camino a Don Diego S/N,
Fraccionamiento Mi BendiciΓ³n, Interior 6, San Miguel de Allende, Guanajuato,
Mexico 37898. Our telephone number is +52 (415) 688-7951.
We hold title to, or have exploration and exploitation rights on, five
contiguous mining concessions covering a large-scale, high-grade, silver-gold
greenfield discovery located in the historic...Visit source β