Tier One Silver Closes First Tranche of Previously Announced Upsized Private Placement

Group 1 - Tier One Silver Inc. has completed the first tranche of its upsized non-brokered private placement, issuing 41,488,000 units at C$0.08 per unit, resulting in gross proceeds of C$3,319,040 [1][2] - Each unit consists of one common share and one full common share purchase warrant, with warrants exercisable at C$0.11 until September 11, 2028 [1][2] - A second tranche of the offering is expected to close around September 16, 2025, with proceeds intended for exploration at Curibaya, new project investigation, and general working capital [2][3] Group 2 - The company paid cash finders' fees of C$205,173 and issued 2,564,660 non-transferable finders' warrants in connection with the first tranche [3] - The securities issued are subject to a four-month and one-day hold period in Canada, expiring on January 12, 2026 [4] - The company is focused on creating value through the discovery of silver, gold, and copper deposits in South America, with a strong emphasis on its flagship project, Curibaya [6]