Tier One Silver Announces $5.6 Million Private Placement

Executive Summary

• Tier One Silver Inc. announced a private placement of up to 70 million units at C$0.08 per unit, targeting gross proceeds of approximately C$5.6 million.
• Each unit consists of one common share and one full‑share purchase warrant exercisable at C$0.11 for up to 36 months after closing.
• Proceeds will be used to fund project exploration, new project investigations, and general working capital.

Key Details

• Units Offered: Up to 70,000,000 units (each = 1 common share + 1 warrant).
• Unit Price: C$0.08 per unit.
• Gross Proceeds Target: Approximately C$5.6 million.
• Warrant Terms: Right to purchase one additional common share at C$0.11 per share, exercisable any time up to 36 months after the closing date.
• Closing Date: Anticipated on or about September 8, 2025, subject to investor documentation, receipt of funds, and TSX Venture Exchange approval.
• Use of Proceeds: Fund existing project exploration (including flagship Curibaya), investigate new projects, and provide general working capital.
• Holding Period: Shares, warrants, and any additional shares issued upon warrant exercise will be subject to a four‑month plus one‑day hold period in Canada from the closing date.
• Investor Restrictions: Certain investors’ warrants contain a restriction preventing exercise that would cause them to exceed 9.99 % of issued shares; no new insiders will result from the offering.
• Finder’s Fee: Company will pay a customary cash and non‑transferable broker warrant fee in compliance with TSXV policies.
• Regulatory Disclaimer: Securities are not registered under U.S. securities laws and may not be offered or sold in the United States absent registration or an applicable exemption.

Notable Quotes

(No direct quotes were provided in the release.)