Every material Form 8-K Sinda Ltd. has filed with the SEC since August 14, 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Sinda Ltd. reported third quarter 2026 results and filed its Form 10-Q, focusing on drilling, exploration and site preparation at its Mexican silver-gold project. The release gives $305.6 million in cash and cash equivalents as of September 30, 2026, and says the company is fully funded for its exploration program and underground decline, but it does not report revenue or profit figures.
Phase 2 drilling completed approximately 31,150 meters in Q3 2026 using 18 rigs
Cash and cash equivalents totaled $305.6 million as of September 30, 2026
Exploration decline budgeted at approximately $98 million over three and a half years; site preparation expected to finish in Q4 2026
Updated Mineral Resource Estimate targeted for completion by year-end 2026
Sinda Ltd. said Chief Financial Officer Luis Barreto stopped serving in that role effective October 13, 2026, and that the departure is not related to any disagreement or to matters concerning the company's financial statements, operations, policies or practices. Vice President of Finance Scott Cole was named interim CFO and principal financial officer while keeping his current role as principal accounting officer. The filing also reports that Alberto C. Zinser joined the board, which was increased to nine members.
Luis Barreto ceased serving as Chief Financial Officer effective October 13, 2026.
Scott Cole, currently Vice President of Finance, was appointed Interim Chief Financial Officer effective October 13, 2026, and remains principal accounting officer.
Alberto C. Zinser, age 61, was appointed to the board on October 12, 2026; the board was increased to nine members and he has no committee assignment yet.
Sinda Ltd., a silver exploration company listed on the NYSE, reported a second-quarter 2026 net loss of $16.6 million, compared with $2.2 million in the same quarter of 2025. The company attributed the increase to planned spending on its Phase 1 surface drilling program and higher general and administrative costs tied to its IPO. The filing reports no revenue figures, and shareholders' main takeaway is that the company raised $331.3 million in total gross proceeds and reports a combined post-IPO liquidity position of $320.7 million.
Net loss of $16.6 million for the three months ended June 30, 2026, versus $2.2 million in Q2 2025
Total gross proceeds of $331.3 million from the IPO, the July 15, 2026 overallotment exercise, and the Fresnillo concurrent placement
Cash of approximately $204.3 million at June 30, 2026; combined post-IPO liquidity of $320.7 million
Phase 1 surface drilling completed 60,810 meters; the exploration decline received environmental authorization in March 2026 with construction targeted for 2H 2026
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