Cartier Silver Announces $1.5 Million Brokered Private Placement Led by Centurion One Capital

Core Viewpoint - Cartier Silver Corporation has announced a brokered private placement to raise up to $1,500,000 through the sale of up to 12,000,000 units at an issue price of $0.125 per unit, with proceeds aimed at drilling on the Los Chorrillos Project in Bolivia and for general working capital purposes [1][2]. Group 1: Offering Details - The Offering consists of units, each comprising one common share and one-half of a share purchase warrant, with each full warrant allowing the purchase of one share at $0.20 for 36 months [1]. - The Lead Agent will receive an 8% cash agency fee on the total proceeds and broker warrants equal to 8% of the units issued [1]. - The Offering may be increased by up to 1,800,000 units for additional proceeds of $225,000 [1]. Group 2: Regulatory and Closing Information - The Offering is expected to close around November 11, 2025, subject to necessary approvals, including from the Canadian Securities Exchange [4]. - The securities issued will have a hold period of four months and one day from the closing date [4]. Group 3: Insider Participation - Certain insiders of the Company and the Lead Agent may acquire up to approximately 50% of the Offering, which will be considered a related party transaction [5]. - Participation by insiders is expected to be exempt from formal valuation and minority shareholder approval requirements as their subscription value is not expected to exceed 25% of the Company's market capitalization [5]. Group 4: Company Overview - Cartier Silver is focused on exploring and developing silver property assets, including the Los Chorrillos Project in Bolivia, and holds significant iron ore resources and a gold property in Canada [8].