Tier One Silver Inc. announces private placement of up to 7,142,858 units of the Company at a issue price of CAD 0.14 per Unit for gross proceeds of CAD 1,000,000 on April 9, 2024. Each Unit consists of one common share of the Company and one full common share purchase warrant of the Company. Each Warrant will entitle the holder thereof to purchase one common share of the Company at a price of CAD 0.25 at any time on or before the date which is 12 months after the closing date of the Offering.

The company will pay cash finder?s fee equal to 6.0% of the gross proceeds and issue finder?s warrants equal to 6.0% of the number of Units sold under the Offering to eligible persons who refer participating investors to the Company, where permitted by applicable law and in accordance with the policies of the TSXV. Each Finder?s Warrant will have the same terms as the Warrants. The transaction is expected to close on or about April 30, 2024.

The transaction is subject to the receipt of TSXV approval. The transaction may include participation from insiders of the Company. The Shares and Warrants issued under the Offering will be subject to a four-month and one day hold period from the date of issuance in Canada