Cartier Silver Announces Upsize of Previously Announced Brokered Private Placement to $2.0M Led by Centurion One Capital

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TORONTO, Oct. 16, 2025 (GLOBE NEWSWIRE) -- Cartier Silver Corporation (CSE: CFE) (“Cartier Silver” or the “Company”) is pleased to announce that it has upsized its brokered private placement as previously announced in its press release dated October 8, 2025, due to strong investor demand. Under the amended terms, the Company will issue up to 16,000,000 units (“Units”) of the Company at $0.125 per Unit (the “Issue Price”) for aggregate gross proceeds of up to approximately $2,000,000 (the “Offering”).

Each Unit shall consist of one common share in the capital of the Company (each, a “Share”) and one-half of one Share purchase warrant (each, a “Warrant”). Each full Warrant shall entitle the holder thereof to purchase one Share (a “Warrant Share”) at a price of $0.20 for a period of 36 months from the Closing Date (as defined herein).

The Offering is led by Centurion One Capital Corp. (the “Lead Agent”) as lead agent and sole bookrunner.

The gross proceeds of the Offering will be used for drilling on the Company’s Los Chorrillos Project in Potosí, Bolivia and general working capital purposes.

The Units to be issued will be offered by way of private placement in each of the provinces and territories of Canada, in the United States pursuant to an exemption from the registration requirements of the United States Securities Act of 1933, as amended (the “U.S. Securities Act“), and in jurisdictions outside of Canada and the United States mutually agreed by the Company and the Lead Agent provided it is understood that no prospectus filing, registration or comparable obligation arises in such other jurisdiction.

The Offering is expected to close on or around October 24, 2025 or such other date as agreed upon between the Company and the Lead Agent (the “Closing Date”) and is subject to certain conditions, including, but not limited to, the receipt of all necessary approvals including the approval of the Canadian Securities Exchange (the “CSE”). The securities to be issued under the Offering will have a hold period of four months and one day from the Closing Date.

It is anticipated that certain insiders of the Company and Lead Agent may acquire Units in the Offering in amounts up to approximately 50% of the Offering. Any participation by insiders in the Offering will constitute a related party transaction, as defined under Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions. The Company expects such participation will be exempt from the formal valuation and minority shareholder approval requirements of MI 61-101 as neither the fair market value of the Units subscribed for by the insiders, nor the consideration for the Units paid by such insiders, is expected to exceed 25% of the Company's market capitalization.