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Tier One Silver Inc. reports exploration developments for its South American mineral exploration business, led by the Curibaya epithermal silver-gold-copper project in Tacna, Peru. Company updates commonly cover diamond drilling, assay results, target generation and exploration permitting at Curibaya, including work in the Cambaya corridors through its Peruvian subsidiary Magma Minerals S.A.C.
Recurring announcements also address community access arrangements, prospective project opportunities in South America, capital-structure matters such as stock option grants, annual meeting voting results, and operating or financial updates tied to the company’s mineral exploration activities.
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Tier One Silver Inc. (TSLVF) announced a non-brokered private placement to raise up to C$2.5 million by offering 10 million units at C$0.25 each. Each unit comprises one common share and one warrant, allowing purchase of an additional share at C$0.35, valid for 24 months post-closing. Proceeds will fund drilling at the Curibaya project and advancement of the Hurricane project. The offering, closing around April 21, 2023, is not subject to minimum conditions. Securities are subject to a four-month hold period in Canada. The company emphasizes that insider participation may occur under specific exemptions.