B.C. Ltd. to Merge with Titiminas Silver Inc.
Locales: CANADA, COLOMBIA

VANCOUVER, BC - January 28, 2026 - B.C. Ltd. (TSX:BCC) today announced a definitive agreement to combine with Titiminas Silver Inc., a move poised to reshape the landscape of the silver mining sector. The companies expect the merger, structured as a business combination, to create a new, yet-to-be-named entity that will leverage the strengths of both organizations and accelerate growth.
The proposed Business Combination Agreement details the terms of the deal, which will see Titiminas shareholders receive an undisclosed number of shares of B.C. Ltd. for each share of Titiminas they currently hold. While the exact share exchange ratio remains confidential at this time, it's a critical component of the agreement and will be fully detailed in the forthcoming joint proxy statement/information circular. The new company's governance structure has also been agreed upon, outlining the leadership and operational framework for the combined entity. Specific details regarding this structure, including board representation and key management positions, will be revealed alongside the full details of the merger.
This merger isn't simply a financial transaction; it's a strategic alignment designed to maximize value for shareholders of both companies. B.C. Ltd. CEO [Name] expressed enthusiasm for the potential of the combination, stating that it will allow the company to "leverage their expertise and assets to accelerate our growth and achieve our strategic objectives." The integration of Titiminas's specific strengths--likely related to exploration, development, or unique silver deposits--is expected to complement B.C. Ltd.'s existing operations, potentially leading to increased production, reduced costs, and enhanced market positioning.
From Titiminas's perspective, the deal offers access to a substantially larger capital base, enabling the full realization of their project potential. "[This Business Combination] represents a strategic opportunity for Titiminas to access a broader capital base and realize the full potential of our projects," noted [Name], CEO of Titiminas Silver Inc. Smaller silver mining companies often face challenges in securing the funding required for exploration, development, and long-term sustainability. This merger, therefore, provides Titiminas with the financial resources to advance its projects without the constraints of limited capital.
The success of this business combination is contingent upon fulfilling several customary closing conditions. These include securing all necessary regulatory approvals from relevant authorities and obtaining shareholder approval from both B.C. Ltd. and Titiminas. The shareholder vote is a crucial step, as it ensures that the majority of stakeholders support the proposed merger and its potential benefits. The companies anticipate a thorough review process by regulatory bodies to ensure compliance with all applicable laws and regulations.
What This Means for the Silver Market
The consolidation within the silver mining industry, exemplified by this merger, isn't an isolated event. Increasing operational costs, the need for significant capital investment in exploration and development, and fluctuating silver prices are driving smaller companies to seek mergers and acquisitions to enhance their viability and competitiveness. The creation of a larger, more financially stable entity could also positively influence silver prices by stabilizing supply and demonstrating confidence in the long-term health of the silver market.
Looking Ahead
The joint proxy statement/information circular, expected to be distributed to shareholders shortly, will provide a comprehensive overview of the Business Combination Agreement. This document will detail the share exchange ratio, governance structure, key financial projections, and other critical information needed for shareholders to make informed decisions. Investors and industry observers will be closely scrutinizing this document for a complete understanding of the strategic rationale and financial implications of the merger. The timeframe for completing the transaction remains subject to regulatory approvals and shareholder votes, but both companies appear committed to a swift and efficient process. The new company name is anticipated to be revealed alongside the full details of the merger.
Read the Full Toronto Star Article at:
[ https://www.thestar.com/globenewswire/1317202-b-c-ltd-and-titiminas-silver-inc-announces-execution-of-business-combination-agreement-and/article_da2607c0-3331-58f5-bff4-205fbf24f0fa.html ]