Cartier Silver Corporation announces non-brokered private placement of 8,000,000 units at an issue price of CAD 0.25 per unit for gross proceeds of CAD 2,000,000 on January 29, 2024. Each Unit will consist of one common share and one half of one Common Share purchase warrant. Each Warrant will entitle the holder to purchase one Common Share at a price of CAD 0.50 per share for a term of 24 months following the closing of the Private Placement.

the transaction is subject to the regulatory approval. All securities issued pursuant to the Private Placement will be subject to the applicable statutory four-month hold period.