---
title: "SIND: Raised $331.3M, completed Phase 1 drilling, and ended Q2 with $204.3M cash and zero debt"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/295943197.md"
description: "Raised $331.3 million through IPO and strategic placement, enabling aggressive exploration and development. Completed Phase 1 drilling, advanced Don Diego, and ended Q2 with $204.3 million cash and zero debt. Net loss rose to $16.6 million due to increased activity.Original document: Sinda Ltd. [SIND] SEC 8-K Current Report — Aug. 14 2026DisclaimerThis is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source."
datetime: "2026-08-14T13:38:50.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/295943197.md)
  - [en](https://longbridge.com/en/news/295943197.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/295943197.md)
generator: "portal-rs"
---

# SIND: Raised $331.3M, completed Phase 1 drilling, and ended Q2 with $204.3M cash and zero debt

Raised $331.3 million through IPO and strategic placement, enabling aggressive exploration and development. Completed Phase 1 drilling, advanced Don Diego, and ended Q2 with $204.3 million cash and zero debt. Net loss rose to $16.6 million due to increased activity.

Original document: Sinda Ltd. \[SIND\] SEC 8-K Current Report — Aug. 14 2026

**Disclaimer**

This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**