Cartier arranges $2-million private placement

Executive Summary

• Cartier Silver Corp. has entered into an agreement for a brokered private placement of up to 6,666,667 common shares at $0.30 per share, raising up to $2 million in gross proceeds.
• The offering is led by Centurion One Capital Corp. as lead agent and sole bookrunner, with an option to increase the offering by up to 3,333,333 shares for an additional $1 million.
• Net proceeds will be utilized for drilling at the Los Chorrillos project in Bolivia and for general working capital.

Key Details

• Transaction Structure: Brokered private placement led by Centurion One Capital Corp.
• Share Price: $0.30 per common share.
• Base Offering Size: Up to 6,666,667 shares for aggregate gross proceeds of up to $2,000,000.
• Over-Allotment Option: The lead agent has the option to increase the offering by up to 3,333,333 shares for additional gross proceeds of $1,000,000, exercisable up to two business days prior to closing.
• Use of Proceeds: Drilling on the Los Chorrillos project in Potosi, Bolivia, and general working capital purposes.
• Closing Date: Expected on or about February 20, 2026, subject to conditions including Canadian Securities Exchange approval.
• Hold Period: Securities have a hold period of four months and one day from the closing date under applicable Canadian securities laws.
• Insider Participation: Insiders and affiliates of the lead agent may acquire up to approximately 50% of the offering; this constitutes a related-party transaction exempt from formal valuation and minority shareholder approval requirements under MI 61-101.
• Agency Fees: The company will pay the lead agent a cash agency fee equal to 8% of the aggregate gross proceeds.
• Broker Warrants: The company will issue broker warrants equal to 8% of the number of shares issued. Each warrant entitles the holder to acquire one share at the issue price ($0.30) at any time within three years following closing.
• Corporate Finance Fee: The company will pay the lead agent a corporate finance fee equal to 5% of the aggregate gross proceeds, payable by the issuance of shares at the issue price.
• Jurisdictions: Offered in British Columbia, Alberta, Quebec, Ontario, the United States (via exemptions from the U.S. Securities Act of 1933), and other mutually agreed jurisdictions.

Notable Quotes

• None provided in the text.