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

Rhea-AI Summary

Cartier Silver (CRTIF) closed a brokered private placement on February 9, 2026, issuing 10,000,000 shares at $0.30 for gross proceeds of $3,000,000. The Agent received a $240,000 cash commission, 800,000 broker warrants and 500,000 fee shares. Proceeds will fund exploration, drilling and working capital for the Los Chorrillos Project in Potosí, Bolivia. Insiders purchased 1,300,000 shares; issued securities carry a four-month-and-one-day hold period.

Positive

• Raised $3,000,000 to fund exploration and drilling
• Proceeds earmarked for Los Chorrillos Project development
• Strengthened balance sheet to advance resource expansion studies

Negative

• Issued 10,000,000 shares, creating immediate shareholder dilution
• Potential dilution from 800,000 broker warrants exercisable for 36 months
• Cash commission of $240,000 (8% of gross proceeds)

Toronto, Ontario--(Newsfile Corp. - February 9, 2026) - Cartier Silver Corporation (CSE: CFE) ("Cartier Silver" or the "Company") is pleased to announce that it has closed today its previously announced brokered private placement (see press release dated January 22, 2026) with Centurion One Capital Corp. (the "Agent") acting as lead agent and sole bookrunner, by the issuance, including the exercise in full of the option granted to the Agent, of an aggregate of 10,000,000 common shares of the Company (the "Shares") at a price of $0.30 per Share (the "Issue Price") for aggregate gross proceeds of $3,000,000 (the "Offering"). Dickinson Wright LLP acted as counsel to the Company, and MLT Aikins LLP acted as counsel to the Agent in connection with the Offering.

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

Thomas Larsen, Chief Executive Officer of the Company commented: "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. We are particularly pleased to welcome Centurion One Capital as anchor investor in this financing. Their support underscores the technical merit of Los Chorrillos and our disciplined approach to systematic development as we move the asset toward its next key milestones."

In connection with the Offering, the Agent received: (i) a cash commission of $240,000; and (ii) an aggregate of 800,000 broker warrants (the "Broker Warrants"), with each such Broker Warrant entitling the holder to acquire a Share at the Issue Price for a period of 36 months from the date of closing of the Offering (the "Closing Date"). The Company also paid a corporate finance fee to the Agent by the issuance of an aggregate of 500,000 Shares at the Issue Price.

The securities issued under the Offering have a hold period of four months and one day from the Closing Date.

Insiders of the Company (the "Insiders") acquired an aggregate of 1,300,000 of the Shares issued under the Offering. Each of the Insider's participation in the Offering constitutes a "related party transaction", as defined under Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions ("MI 61-101"). A formal valuation was not required under MI 61-101 as the Company is not listed on any of the stock exchanges specified in MI 61-101. Minority shareholder approval was also not required as the fair market value of the consideration for the transaction involving the Insiders does not exceed 25% of the Company's capitalization as of the date hereof.

This news 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 (the "U.S. Securities Act"), as amended, or any state securities laws and may not be offered or sold within the United States or to U.S. persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

Contact Information:
Cartier Silver Corporation
Thomas Larsen, Chief Executive Officer
(416) 360-8006
Email: tlarsen@cartiersilvercorp.com

ABOUT CARTIER SILVER CORPORATION

Cartier Silver is an exploration and development Company focused on discovering and developing its 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.

ABOUT CENTURION ONE CAPITAL CORP.

Centurion One Capital's mission is to ignite the world's most visionary entrepreneurs to conquer the greatest challenges of tomorrow, fueling their ambitions with transformative capital, unparalleled expertise, and a global network of influential connections. Every interaction is guided by our core values of respect, integrity, commitment, excellence in execution, and uncompromising performance. We make principal investments, drawing on the time-honored principles of merchant banking, where aligned incentives forge enduring partnerships. Centurion One Capital: A superior approach to investment banking.

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 (including, without limitation, the use of proceeds from the Offering) 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 these "forward-looking statements".

Not for distribution to U.S. newswire services or for release, publication, distribution or dissemination, directly or indirectly, in whole or in part, into the United States

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/283331

FAQ

How much did Cartier Silver (CRTIF) raise in the February 9, 2026 private placement?

The company raised $3,000,000 by issuing 10,000,000 shares at $0.30 each. According to Cartier Silver, net proceeds will support exploration and drilling at the Los Chorrillos Project and general working capital needs.

What fees and warrants were paid in the CRTIF brokered offering led by Centurion One Capital?

The Agent received a $240,000 cash commission, 800,000 broker warrants and 500,000 fee shares. According to Cartier Silver, broker warrants are exercisable at $0.30 for 36 months and fee shares were issued at the issue price.

How will the $3,000,000 CRTIF financing be used for Los Chorrillos Project development?

Proceeds will fund exploration, drilling, resource expansion and technical studies at Los Chorrillos. According to Cartier Silver, funds are intended to advance systematic development toward the project's next key milestones.

Did insiders participate in Cartier Silver's (CRTIF) February 2026 private placement and does it require shareholder approval?

Insiders acquired 1,300,000 shares in the offering; no minority approval was required under MI 61-101. According to Cartier Silver, the insider participation did not exceed 25% of the company's capitalization and a formal valuation was not required.

What are the dilution and timing implications for CRTIF shareholders from this private placement?

Shareholders face immediate dilution from 10,000,000 new shares plus 800,000 warrants and 500,000 fee shares. According to Cartier Silver, issued securities carry a hold period of four months and one day and warrants expire in 36 months.