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Cartier Silver (OTC:CRTIF) announced a brokered private placement of up to 6,666,667 common shares at $0.30 per share for gross proceeds of up to $2,000,000, with an agent option to increase the offering by an additional 3,333,333 shares for up to $1,000,000. Net proceeds are earmarked for drilling at the Los Chorrillos project in Potosí, Bolivia and general working capital.
The Lead Agent, Centurion One Capital, will receive an 8% cash agency fee, broker warrants equal to 8% of issued shares (exercise price $0.30, three-year term) and a 5% corporate finance fee payable in shares. The offering is expected to close on or about February 20, 2026 and securities will have a four-month-and-one-day hold under Canadian law. Insiders and affiliates may subscribe for up to ~50% of the offering.
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