Cartier Silver Announces Upsize of Previously Announced Brokered Private Placement to $2.0M Led by Centurion One Capital

Core Viewpoint - Cartier Silver Corporation has increased its brokered private placement due to strong investor demand, aiming to raise approximately $2,000,000 by issuing up to 16,000,000 units at an issue price of $0.125 per unit [1][2]. Group 1: Offering Details - Each unit consists of 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 from the closing date [2]. - The offering is led by Centurion One Capital Corp as the lead agent and sole bookrunner [2]. - The gross proceeds will be allocated for drilling on the Los Chorrillos Project in Bolivia and for general working capital [3]. Group 2: Regulatory and Closing Information - The offering will be conducted via private placement in Canada and other mutually agreed jurisdictions, exempt from U.S. registration requirements [4]. - The expected closing date is around October 24, 2025, subject to necessary approvals, including from the Canadian Securities Exchange [5]. - The securities issued will have a hold period of four months and one day from the closing date [5]. Group 3: Insider Participation - Certain insiders of the company and lead agent may acquire up to approximately 50% of the offering, which will be considered a related party transaction [6]. - This insider participation is expected to be exempt from formal valuation and minority shareholder approval requirements as it does not exceed 25% of the company's market capitalization [6].