Cartier Silver Announces $1.5 Million Brokered Private Placement Led by Centurion One Capital

Executive Summary

• Cartier Silver entered into a brokered private placement agreement with Centurion One Capital Corp. to raise up to $1,500,000 by selling up to 12,000,000 units at $0.125 per unit.
• Each unit consists of one common share and half of a share purchase warrant (full warrant price $0.20, exercisable for 36 months).
• Gross proceeds are earmarked for drilling at the Los Chorrillos Project in Bolivia and general working capital.

Key Details

• Lead Agent / Bookrunner: Centurion One Capital Corp. (sole bookrunner)
• Units Offered: Up to 12,000,000 units; each unit = 1 common share + ½ warrant
• Issue Price: $0.125 per unit (cash proceeds)
• Warrant Terms: Full warrant allows purchase of one share at $0.20 for 36 months from closing; half‑warrants issued with each unit.
• Broker Warrants: Lead Agent receives broker warrants equal to 8% of units issued, exercisable at the issue price any time within three years after closing.
• Fees:
• Cash agency fee – 8% of aggregate proceeds received.
• Corporate finance fee – 5% of aggregate proceeds, payable by issuance of additional units.
• Optional Upside: Lead Agent may increase the offering by up to 1,800,000 additional units for an extra $225,000.
• Closing Date: Expected on or around November 11, 2025, subject to regulatory approvals (including CSE).
• Hold Period: Units subject to a lock‑up of four months and one day from the closing date.
• Insider Participation: Insiders may acquire up to ~50% of the offering; expected to be exempt from MI 61‑101 valuation/approval thresholds (≤25% market cap).
• Use of Proceeds: Primarily for drilling activities at the Los Chorrillos Project (Bolivia) and general working capital.
• Jurisdictional Offering: Private placement in Canada, U.S. (exempt), and other mutually agreed jurisdictions; no prospectus filing required outside Canada.

Notable Quotes

(No direct quotes were provided in the release.)