Tier One Silver Announces $5.6 Million Private Placement
Newsfile·2025-09-03 20:41

Core Viewpoint - Tier One Silver Inc. is conducting a private placement financing targeting 70,000,000 units at an offering price of C$0.08 per unit, aiming for gross proceeds of approximately C$5.6 million [1] Group 1: Offering Details - Each unit consists of one common share and one full common share purchase warrant, with warrants allowing purchase of shares at C$0.11 within 36 months after the closing date [1] - The closing of the offering is anticipated around September 8, 2025, subject to necessary approvals and documentation [4] Group 2: Use of Proceeds - Proceeds from the offering will be used for project exploration, new project investigation, and general working capital [2] Group 3: Regulatory Compliance - The securities offered are subject to a four-month and one-day hold period in Canada from the closing date, and certain warrants will have restrictions to prevent holders from exceeding 9.99% of issued shares [3] Group 4: Company Overview - Tier One Silver is focused on discovering valuable silver, gold, and copper deposits in South America, with its flagship project being Curibaya [6]