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Saturday, February 24, 2024

Cartier Silver Declares $2 Million Financing Categorical Instances

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TORONTO, Jan. 29, 2024 (GLOBE NEWSWIRE) — Cartier Silver Company (CSE:CFE) (“Cartier Silver” or the “Firm”) is happy to announce that it’s continuing with a non-brokered personal placement (the “Non-public Placement”) for proceeds of as much as $2 million.

Non-public Placement

The Non-public Placement will encompass as much as 8,000,000 models of Cartier Silver at a value of $0.25 per unit (“Models”) for gross proceeds of as much as $2 million. Every Unit will consist of 1 widespread share within the capital of Cartier Silver (a “Widespread Share”) and one half of 1 Widespread Share buy warrant (every complete, a “Warrant”). Every Warrant will entitle the holder to buy one Widespread Share at a value of $0.50 per share for a time period of 24 months following the closing of the Non-public Placement.

The online proceeds of the Non-public Placement might be used to finance exploration on the Chorrillos Venture within the Potosi Division, Bolivia and for working capital functions. The Non-public Placement is topic to all required regulatory approval. All securities issued pursuant to the Non-public Placement might be topic to the relevant statutory four-month maintain interval.

This press launch doesn’t represent a suggestion to promote or a solicitation of a suggestion to purchase any of the securities in america. The securities haven’t been and won’t be registered beneath america Securities Act of 1933, as amended (the “U.S. Securities Act“), or any state securities legal guidelines and will not be provided or offered inside america or to or for the account or good thing about a U.S. particular person (as outlined in Regulation S beneath the U.S. Securities Act) except registered beneath the U.S. Securities Act and relevant state securities legal guidelines or an exemption from such registration is obtainable.

About Cartier Silver Company

Cartier Silver is an exploration and improvement Firm targeted on discovering and growing its not too long ago acquired silver property property, together with the Chorrillos Venture and claims staked by the Firm’s subsidiary, all of that are positioned within the Potosi Division of southern Bolivia. The Firm additionally holds vital iron ore assets at its Gagnon Holdings within the southern Labrador Trough area of east-central Quebec, and the Huge Simple gold property within the Burin Peninsula epithermal gold belt within the Avalon Zone of jap Newfoundland & Labrador. 

For additional info please go to Cartier Silver’s web site at www.cartiersilvercorp.com

For additional info please contact:

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

The CSE has not reviewed nor accepts accountability for the adequacy or accuracy of this launch.

Statements on this launch that aren’t historic details are “forward-looking statements” and readers are cautioned that any such statements are not ensures of future efficiency, and that precise developments or outcomes, could differ materially from these in these “forward-looking statements”.

PDF obtainable: 

cartier silver announces 2 million financing
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