Financings
Cartier Silver Announces $2 Million Brokered Private Placement Led by Centurion One Capital

CFE · Price
Executive Summary
- Cartier Silver entered into a brokered private placement agreement with Centurion One Capital Corp. as lead agent and sole bookrunner.
- Up to 6,666,667 common shares will be sold at $0.30 per share for gross proceeds of up to $2 million, with an option to increase the offering by another 3,333,333 shares for an additional $1 million.
- Net proceeds are earmarked for drilling on the Los Chorrillos Project in Potosí, Bolivia and general working‑capital needs; the closing is expected around February 20, 2026.
Key Details
- Shares Offered: Up to 6,666,667 common shares at $0.30 per share (gross proceeds up to $2,000,000).
- Extension Option: Lead agent may increase the offering by up to 3,333,333 additional shares for an extra $1,000,000 gross proceeds.
- Use of Proceeds: Drilling on Los Chorrillos Project (Bolivia) and general working capital.
- Placement Regions: Private placement in British Columbia, Alberta, Quebec, Ontario, the United States (exempt from registration), and other jurisdictions as mutually agreed.
- Closing Date: Expected on or about February 20, 2026, subject to regulatory approvals (including CSE).
- Hold Period: Shares will be subject to a four‑month‑plus‑one‑day hold period under Canadian securities law.
- Related Party Participation: Insiders and Lead Agent affiliates may acquire up to ~50% of the offering; expected to be exempt from MI 61‑101 valuation/minority approval thresholds (≤25% market cap).
- Fees & Warrants:
- Cash agency fee = 8% of gross proceeds.
- Broker warrants equal to 8% of shares issued, each warrant allowing purchase of one share at $0.30 for three years post‑closing.
- Corporate finance fee = 5% of gross proceeds, payable by issuance of additional shares at the issue price.
- Regulatory Notes: Offering is exempt from U.S. registration; no offers may be made to U.S. persons unless an exemption applies.
Notable Quotes
(No direct quotes were included in the release.)
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May 26, 2026 · 07:01