Cartier Silver Announces Closing of $3 Million Brokered Private Placement Led by Centurion One Capital

Executive Summary

• Cartier Silver closed a brokered private placement of 10 million common shares at $0.30 per share, raising $3 million gross in proceeds.
• Net proceeds will be allocated to further exploration and drilling at the Los Chorrillos Project in Bolivia and for general working capital.
• The transaction included a cash commission of $240,000, issuance of 800,000 broker warrants (36‑month exercise period), and a 500,000‑share corporate finance fee to the lead agent; insiders purchased 1.3 million shares.

Key Details

• Shares Issued: 10,000,000 common shares
• Issue Price: $0.30 per share
• Gross Proceeds: $3,000,000 (net proceeds earmarked for exploration/drilling and working capital)
• Lead Agent/Bookrunner: Centurion One Capital Corp. (acting as both)
• Cash Commission to Agent: $240,000
• Broker Warrants Issued: 800,000 warrants, each allowing purchase of one share at $0.30 for 36 months from closing
• Corporate Finance Fee: 500,000 shares issued to the agent at the issue price
• Hold Period on Securities: Four months and one day from the closing date
• Insider Participation: Insiders purchased 1,300,000 of the newly issued shares (treated as a related‑party transaction under MI 61‑101)
• Use of Proceeds: Further exploration and drilling at Los Chorrillos Project (Potosí, Bolivia) and general working capital
• Legal Counsel: Dickinson Wright LLP (Company), MLT Aikins LLP (Agent)

Notable Quotes

“Cartier Silver is pleased to have successfully completed this financing which significantly strengthens our balance sheet as we advance the Los Chorrillos Project. Proceeds will be directed toward continued exploration, resource expansion, and technical studies aimed at unlocking the project's full potential.” – Thomas Larsen, Chief Executive Officer

All boilerplate, forward‑looking disclaimer language, and “About” sections have been omitted for brevity.