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

CFE · Price
Executive Summary
- Cartier Silver announced an upsized brokered private placement of up to 16 million Units at $0.125 per Unit, targeting gross proceeds of approximately $2 million.
- Proceeds will be used primarily for drilling on the Los Chorrillos Project in Potosí, Bolivia, and for general working capital.
- The offering is led by Centurion One Capital Corp., includes common shares plus half‑share purchase warrants, and is expected to close around October 24, 2025 subject to regulatory approvals.
Key Details
- Units Offered: Up to 16,000,000 Units at $0.125 per Unit (Issue Price).
- Aggregate Gross Proceeds: Approximately $2,000,000.
- Unit Composition: Each Unit = 1 common share + ½ warrant; each full warrant allows purchase of one share at $0.20 for 36 months from the Closing Date.
- Lead Agent/Bookrunner: Centurion One Capital Corp. (sole bookrunner).
- Use of Proceeds: Drilling on Los Chorrillos Project (Bolivia) and general working capital.
- Closing Timeline: Expected on or about October 24, 2025 (or other mutually agreed date).
- Regulatory Conditions: Subject to approvals including the Canadian Securities Exchange; securities will have a hold period of four months and one day from Closing Date.
- Insider Participation: Insiders may acquire up to ~50% of the Offering; expected to be exempt from MI 61‑101 valuation and minority approval thresholds (≤25% market cap).
- Geographic Offering Scope: Private placement in Canadian provinces/territories, U.S. under exemption, and other jurisdictions as mutually agreed—no prospectus filing required outside Canada.
- Legal Disclaimer: Not an offer or solicitation in the United States; securities not registered under U.S. Securities Act.
Notable Quotes
(No direct quotes were provided in the release.)
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May 26, 2026 · 07:01