Cartier Silver Announces Closing of $1.2 Million Financing

THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Cartier Silver Corporation (CSE:CFE) (" Cartier Silver " or the " Company ") is pleased to announce that it has closed its previously announced ( see Cartier Silver news release dated September 5, 2025 ) non-brokered private placement (the " Private Placement ") of units (each a " Unit ") by issuance of an aggregate of 9,600,000 Units at a price of C$0.125 per Unit for total consideration of C$1,200,000. Each Unit is comprised of one (1) common share of the Company (each a " Common Share ") and one half of one Common Share purchase warrant (each full warrant a " Warrant ") of the Company, with each Warrant entitling the holder to purchase one (1) additional Common Share at a price of C$0.20 per Common Share for a period of 36 months from the issuance date.

The Company paid finder's fees of 7% of the aggregate amount subscribed for by subscribers referred to the Company by finders entitled to receive such fees in accordance with applicable securities laws, which fees aggregated $42,000 and were paid by issuing 336,000 Units at deemed price of $0.125 per Unit.

The net proceeds of the Private Placement will be used to finance exploration at the Company's Chorrillos Project in the Potosi Department, Bolivia and for working capital purposes.

All securities issued pursuant to the Private Placement are subject to the applicable statutory four-month hold period.

This press release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the " U.S. Securities Act "), or any state securities laws and may not be offered or sold within the United States or to or for the account or benefit of a U.S. person (as defined in Regulation S under the U.S. Securities Act) unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

About Cartier Silver Corporation

Cartier Silver is an exploration and development Company focused on discovering and developing its recently acquired silver property assets, including the Chorrillos Project and claims staked by the Company's subsidiary, all of which are located in the Potosi Department of southern Bolivia. The Company also holds significant iron ore resources at its Gagnon Holdings in the southern Labrador Trough region of east-central Quebec, and the Big Easy gold property in the Burin Peninsula epithermal gold belt in the Avalon Zone of eastern Newfoundland & Labrador.

For further information please visit Cartier Silver's website at www.cartiersilvercorp.com.

For further information please contact:

Thomas G. Larsen Jorge Estepa
Chief Executive Officer Vice-President
(800) 360-8006 (800) 360-8006
(416) 360-8006 (416) 360-8006


The CSE has not reviewed nor accepts responsibility for the adequacy or accuracy of this release.

Statements in this release that are not historical facts are "forward-looking statements" and readers are cautioned that any such statements are not guarantees of future performance, and that actual developments or results, may vary materially from those in these "forward-looking statements".


Primary Logo

News Provided by GlobeNewswire via QuoteMedia

CFE:CNX
The Conversation (0)
Fortune Bay CEO Dale Verran.

Fortune Bay: Exploration Underway, Fully Funded Program at the Goldfields Project in Saskatchewan

While Saskatchewan has long been recognized for uranium, its geology and historical exploration also make it a promising place for gold. Canadian company Fortune Bay (TSXV:FOR,OTCQB:FTBYF) seeks to maximize this potential with its flagship Goldfields project. Fortune Bay’s 100 percent owned... Keep Reading...
RUA GOLD Files 43-101 Technical Reports for the Reefton and Glamorgan Projects in New Zealand

RUA GOLD Files 43-101 Technical Reports for the Reefton and Glamorgan Projects in New Zealand

Rua Gold INC. (TSX: RUA,OTC:NZAUF) (NZX: RGI) (OTCQX: NZAUF) ("Rua Gold" or the "Company") is pleased to announce the filing on SEDAR+ of independent Technical Reports for its Reefton Project ("Reefton Technical Report") on the South Island and Glamorgan Project ("Glamorgan Technical Report") on... Keep Reading...
Blackrock Silver Receives First of Three Key Permits for the Tonopah West Project

Blackrock Silver Receives First of Three Key Permits for the Tonopah West Project

Blackrock Silver Corp. (TSXV: BRC,OTC:BKRRF) (OTCQX: BKRRF) (FSE: AHZ0) ("Blackrock" or the "Company") is pleased to announce the issuance by the Nevada Department of Environmental Protection (NDEP), through the Bureau of Air Pollution Control, the Class II Air Quality and Surface Disturbance... Keep Reading...
Steve Barton: Gold, Silver, Oil — Key Price Levels to Watch Now

Steve Barton: Gold, Silver, Oil — Key Price Levels to Watch Now

Steve Barton, host of In It To Win It, shares key price levels for silver and gold.He also explains his current approach to the oil and copper markets, and outlines an emerging opportunity in nickel as Indonesia loosens its hold on the space. Don't forget to follow us @INN_Resource for real-time... Keep Reading...
Green arrow rising over stacked gold coins, symbolizing financial growth.

Gold, Silver Prices Spike on US-Iran War

Prices for gold and silver spiked higher over the weekend and in early morning trading on Monday (March 2) as a full-blown war broke out in the Middle East.Tensions between Iran on one side and the US and Israel on the other have been intensifying over the past few weeks. On Sunday (February... Keep Reading...
Gold bar placed on a large metal trap on a wooden surface.

As Gold Investment Surges, Fake Platforms and AI Drive New Fraud Wave

As gold prices continue to soar past record highs, investors are pouring billions into bars, coins, and digital tokens. However, regulators and analysts warn that the same rally is fueling a surge in scams that are quietly draining retirement accounts and life savings.Gold has long been marketed... Keep Reading...

Interactive Chart

Latest Press Releases

Related News