Core Points - Cartier Silver Corporation has successfully closed an upsized brokered private placement, raising a total of $2 million through the issuance of 16,000,000 units at a price of $0.125 per unit [1][3] - Each unit consists of one common share and one-half of a share purchase warrant, with the whole warrant allowing the purchase of one share at $0.20 for 36 months [2] - The proceeds from the offering will be allocated for exploration and drilling on the Los Chorrillos Project in Bolivia and for general working capital [3] Financial Details - The agent, Centurion One Capital, received a cash commission of $160,000 and 1,280,000 broker warrants, with each warrant allowing the acquisition of a share at $0.125 for 36 months [4] - A corporate finance fee of $100,000 was also paid to the agent, equating to 5% of the gross proceeds, through the issuance of 800,000 units [4] Insider Participation - Insiders of the company acquired a total of 1,810,000 units in the offering, which is classified as a related party transaction [6] - No formal valuation or minority shareholder approval was required as the transaction's fair market value did not exceed 25% of the company's capitalization [6] Company Overview - Cartier Silver Corporation focuses on the exploration and development of silver property assets, including the Los Chorrillos Project in Bolivia, and holds significant iron ore resources in Quebec [8]

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].