Breaking News: Tier One Silver Successfully Completes First Round of Private Placement Financing!

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VANCOUVER, BC / ACCESSWIRE / January 3, 2025 / Tier One Silver Inc. (TSXV:TSLV)(OTCQB:TSLVF) (“Tier One” or the “Company”) is pleased to announce that it has completed the first tranche of its previously announced non-brokered private placement by issuing 5,183,333 units at C$0.075 per unit for gross proceeds to the Company of C$388,749.98. Each Unit consists of one common share (a “Share”) and one full common share purchase warrant (each, a “Warrant”).

Private placement financing is a method used by companies to raise capital by offering shares and warrants to select investors in exchange for funds. In this case, Tier One Silver Inc. has successfully completed the first round of this financing, raising a significant amount of money that will enable the company to further its operations and pursue its strategic objectives.

By issuing over 5 million units at a price of C$0.075 per unit, Tier One Silver Inc. has secured nearly C$390,000 in gross proceeds. The funds raised through this private placement will allow the company to invest in exploration activities, resource development, and other initiatives aimed at advancing its projects and creating long-term value for its shareholders.

This successful completion of the private placement financing demonstrates investor confidence in Tier One Silver Inc. and its potential for growth and success in the mining industry. It also provides the company with the necessary financial resources to continue its work and move closer towards achieving its goals.

How Does This News Affect Me?

If you are a shareholder or potential investor in Tier One Silver Inc., this news is significant as it indicates the company’s ability to secure financing and execute its business plan. The successful completion of the private placement could have a positive impact on the company’s stock price and overall performance, potentially benefiting shareholders and investors.

How Does This News Affect the World?

While the completion of a private placement financing round may not have a direct impact on the world at large, it is a noteworthy development in the mining industry. It signals the continued interest and investment in resource exploration and development, which plays a crucial role in supporting economic growth and resource sustainability on a global scale.

Conclusion

The successful completion of the first round of private placement financing by Tier One Silver Inc. marks a significant milestone for the company and its stakeholders. This achievement not only provides the company with the necessary capital to advance its projects but also reflects investor confidence in its potential for growth and success in the mining industry.