Gpf Silv Etc Discussion Threads

[stu31] 09/4/2024 21:29

The proposed use of proceeds from the Offering is to fund general working capital

Fund raise not for drilling, just to fund their salaries for another year..pathetic

It is possible that insiders of the Company may participate

very reassuring..how much of the $1m in December and this $1m is going in the ground Dembicki?


TIER ONE SILVER TO RAISE C$1.0 MILLION IN EQUITY FINANCING
THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES FOR DISSEMINATION IN THE UNITED STATES

Vancouver, Canada – April 9, 2024 – Tier One Silver Inc. (TSXV: TSLV) (“Tier One” or the “Company”;) is pleased to announce that it is undertaking a private placement of up to 7,142,858 million units of the Company (each, a “Unit”) at an offering price of C$0.14 per Unit (the “Unit Price”) for gross proceeds to the Company of up to C$1,000,000 (the “Offering̶1;). Each offered Unit consists of one common share of the Company (a “Share”) and one full common share purchase warrant of the Company (each, a “Warrant”;). Each Warrant will entitle the holder thereof to purchase one common share of the Company at a price of C$0.25 at any time on or before the date which is 12 months after the closing date of the Offering (the “Closing Date”).

The Warrants are subject to an accelerated expiry if, anytime following the date that is four months after the Closing Date, the closing price of the Shares on the TSX Venture Exchange (“TSXV”), or such other market as the Shares may trade from time to time, is or exceeds CDN$0.375 for any ten (10) consecutive trading days, in which event the holder of the Warrant may, at the Company’s election, be given notice and the Company will issue a press release announcing that the Warrants will expire 30 days following the date of such press release. The Warrants may be exercised by the holder of the Warrant during the 30-day period between the date of the press release announcing the accelerated expiry date and the expiration of the Warrants.

The proposed use of proceeds from the Offering is to fund general working capital. 

In accordance with applicable securities laws, 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. Although the placement is not being brokered, the Company may pay a cash finder’s fee equal to 6.0% of the gross proceeds and issue finder’s warrants (“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.

Closing of the Offering is anticipated to occur on or about April 30, 2024, subject to the receipt of investor documentation, funds and TSXV approval. There is no minimum upon which the closing of the Offering is conditional, and any upsize will be announced in the context of the market.

It is possible that insiders of the Company may participate in the Offering relying on the exemption from the formal valuation and minority shareholder approval requirements of Canadian Multilateral Instrument 61-101 -Protection of Minority Shareholders in related Party Transactions (“MI 61-101”) pursuant to sections 5.5(a) and 5.7(1)(a) of MI 61-101, as neither the fair market value of any securities issued to nor the consideration paid by such person could exceed 25% of the Company’s market capitalization.

The securities offered have not been registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any State in which such an offer, solicitation or sale would be unlawful.

ON BEHALF OF THE BOARD OF DIRECTORS OF TIER ONE SILVER INC.
Peter Dembicki President, CEO and Director

For further information on Tier One Silver Inc., please contact the company at [phone] or [e-mail].

About Tier One Silver

Tier One Silver is an exploration company focused on creating value for shareholders and stakeholders through the discovery of world-class silver, gold and base metal deposits in Peru. The Company’s management and technical teams have a strong track record in raising capital, discovery and monetization of exploration success. The Company’s exploration assets in Peru include: Coastal Batholith, Corisur and the flagship project, Curibaya. For more information, visit www.tieronesilver.com.

[stu31] 22/1/2024 20:23

December 15, 2023
TIER ONE SILVER CLOSES FINAL TRANCHE OF PRIVATE PLACEMENT
Vancouver, Canada – December 15, 2023 – Tier One Silver Inc. (TSXV: TSLV) (“Tier One” or the “Company”;) is pleased to announce that it has completed its non-brokered private placement the terms of which were announced on October 26, 2023 (the “Offering̶1;). In the second and final tranche of the Offering, which was extended on December 8, 2023, the Company issued 4,897,000 units (each, a “Unit”) at a price of C$0.10 per Unit for gross proceeds of C$489,700, bringing the total gross proceeds from the Offering to C$985,100. In connection with the closing of the final tranche of the Offering, the Company paid cash finders’ fees of C$6,000 (C$19,824 in total for the Offering) and issued 60,000 non-transferable finders’ warrants (198,240 finders’ warrants in total for the Offering), with each finder’s warrant exercisable for one common share of the Company at the exercise price of C$0.25 until December 15, 2025. The proposed use of proceeds from the Offering is to fund general working capital.

In accordance with applicable securities laws, the securities issued under the Offering are subject to a statutory four-month and one-day hold period from the date of issuance in Canada. As of the date hereof, the Offering is subject to customary final approval by the TSX Venture Exchange, which is expected upon filing standard documentation.

Insiders of the Company acquired an aggregate of 547,000 Units in the Offering for a total of C$54,700, which participation constituted a "related party transaction" as defined under Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions (“MI 61-101”). Such participation is exempt from the formal valuation and minority shareholder approval requirements of MI 61-101 as the fair market value of the securities acquired by the insiders was less than 25% of the Company’s market capitalization.

The securities issued pursuant to this Offering have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”), or any state securities laws. Accordingly, the securities issued pursuant to the Offering may not be offered or sold within the United States unless registered under the U.S. Securities Act and applicable state securities laws or pursuant to an exemption from the registration requirements of the U.S. Securities Act and applicable state securities laws. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any State in which such an offer, solicitation or sale would be unlawful.

A Message from Peter Dembicki, President, CEO and Director:

“We are thankful to our loyal shareholders and new investors for their support. Notably, it is very encouraging to have the support from our Board of Directors and management who took part in this financing. The multiple opportunities at Curibaya remain our focus for 2024.”

Additionally, the Company is announcing that it has engaged with Machai Capital Inc. (“Machai Capital”), a marketing, advertising and public awareness firm based in Vancouver, British Columbia, for digital marketing services, branding, content creation, and data-optimization. In consideration of these services, Machai Capital will be paid C$10,000 per month for a 1-year term and will be granted 1,000,000 common share options as part of the digital marketing agreement. The options are exercisable at C$0.10 and expire two years from the date of grant and vest as to 250,000 shares quarterly. Machai Capital is at arm's length to Tier One and has no other relationship with the Company except under the agreement. Suneal Sandhu, President of Machai Capital, can be reached at 604-375-0084. The agreement with Machai Capital is subject to customary TSX Venture Exchange acceptance.

ON BEHALF OF THE BOARD OF DIRECTORS OF TIER ONE SILVER INC.
Peter Dembicki President, CEO and Director

For further information on Tier One Silver Inc., please contact the company at [phone] or [e-mail].

About Tier One Silver

Tier One Silver is an exploration company focused on creating value for shareholders and stakeholders through the discovery of world-class silver, gold and base metal deposits in Peru. The Company’s management and technical teams have a strong track record in raising capital, discovery and monetization of exploration success. The Company’s exploration assets in Peru include: Corisur and the flagship project, Curibaya. For more information, visit www.tieronesilver.com.

[richgit] 29/11/2023 15:44

What a Phenomenal Capitulation-yet much has been achieved,since the heady days
this stock was valued 10 times higher.

That was arguably an over-valuation yet does illustrate how fast and high
Silver stocks can rise when the Price of Silver starts any climb to its
potential "true value"


I have bought multiples, at arguably this total Capitulation price,and will just sit
and wait for as long as it takes in this so-far, seriously high grade explorer

[riggerbeautz] 07/3/2022 23:25

Needed a pump, bought the drop this year but was starting to curse, thank you Jay Martin, made my day.

[stu31] 07/3/2022 23:16

The Best Value Silver Stock On The Market? – Ivan Bebek



My Biggest Silver Position

[stu31] 27/1/2022 17:27

Tier One Silver Intersects 384.6 g/t Silver Over 3 Meters at New Target

[wimbled] 24/1/2022 16:03

What caused the drop?

[stu31] 10/12/2021 20:57

Tier One Silver: Excellent First Results from Hurricane Silver Samples



Tier One Silver’s New Hurricane Silver Project Trenches High-Grade Silver

[stu31] 06/12/2021 21:56

Ivan Bebek Chair & Director of Fury Gold Mines explains the potential of their 3 projects in Canada

[riggerbeautz] 23/11/2021 11:37

Hmm yes I should give that more thought, my greatest rewards have usually come in “hot” jurisdictions, though I’ve also been in some “theft” stations. I’m on the side here now until the Peruvian minister’s make it clear they’re not going for all miners. HOC was a strange one to pick on, no small fry operation.

[stu31] 22/11/2021 19:54

I agree which is why I have tended to stick to Canada, virtually every time I invest elsewhere (Armenia and Dominican R to name two recently) I have been subjected to Govt theft, may be different here as management have carefully cultivated a relationship with the locals, we shall see

[stu31] 22/11/2021 19:01

Tier One Silver — We are in the infancy of a new silver discovery, says CEO Peter Dembicki

[stu31] 18/11/2021 14:41

NOVEMBER 18, 2021
TIER ONE SILVER INTERSECTS 1,480.5 G/T SILVER EQUIVALENT OVER 1 METRE ON THE MADRE STRUCTURE AT CURIBAYA

Vancouver, Canada – November 18, 2021 – Tier One Silver (TSXV: TSLV, OTCQB: TSLVF) (“Tier One” or the “Company”;) is pleased to report results from drill holes 4 – 6 at the Curibaya project in southern Peru (Figure 1). Drill hole 6 targeted the Madre structure, which has emerged as the primary target structure on the project to-date, and intersected 1 metre (m) of 1,480.5 g/t silver equivalent (AgEq) within a broader interval of 3.5 m of 442.5 g/t AgEq at a drill depth of 107.5 m to 111 m (Figure 2). Tier One’s technical team believes the result from hole 6 demonstrates the high-grade potential along the 1.4-kilometre (km) long Madre structure, as defined by mapping and remote sensing data. Currently, there are results from three drill holes along the Madre structure pending, including a first drill hole into the diatreme dome complex that the technical team believes is the potential source for precious metal mineralization across the property (Figure 1).

A Message from Peter Dembicki, President, CEO & Director:

“Hole 6 is the first plus-kilogram intercept at Curibaya on a feeder vein that may host the extensive high-grade silver on surface, which gives us the confidence that we are in the infancy of a new silver discovery. Drilling along structures that have yielded positive channel sample results is proving to be a sound strategy as the Company looks to realize the vast potential of the property indicated through high-grade silver mineralization on surface.“

Drill Holes 4 – 5:

Drill holes 4 and 5 targeted the Sama and Sambalay structures, respectively, and both drill holes encountered significant silver mineralization in multiple parallel structures. Hole 5 is the second drill hole to test the 900 m long Sambalay structural corridor and intersected 1 m of 579.6 g/t AgEq, 0.5 m of 266.8 g/t AgEq, 1 m of 88.1 g/t AgEq and 11 m of 37.8 g/t AgEq (Figure 3). Hole 4 was the first drill hole to test the Sama structure and intersected 1 m of 211.6 g/t AgEq within a broader interval of 3 m of 96.4 g/t AgEq, 1m of 137.5 g/t AgEq, 1 m of 99.6 g/t AgEq and 0.5 m of 172.8 g/t AgEq (Figure 4).

Significance of Results and Program Update:

The results from drill holes 4 – 6 demonstrate that significant precious metal mineralization extends to depth below mineralization encountered in surface channel samples. In addition, hole 6 was the first drill hole to test the margin of the high chargeability anomaly that, in part, defines the Madre structural corridor. The positive correlation between high-grade mineralization in drill hole 6 and the margins of the chargeability anomaly further strengthens the Company’s targeting efforts at depth.

To date, the Company has drilled a total of 12 holes into four of the five precious metal feeder structures for a total of 4,473 m, with results pending for six holes. The Company plans to drill an additional 1,000 m in three holes along the Madre structure, prior to a pause in drilling for the rainy season beginning in mid-December. The Company expects to resume drilling at Curibaya at the end of Q1 2022. In addition, a drill permit expansion is in progress to include the Cambaya structures, to the northeast of current drilling, which the Company plans to drill test in 2022.

A Message from Dave Smithson, SVP of Exploration:

“The positive results from hole 6 represent a major advancement in our understanding of the controls on high-grade mineralization within the project. The combination of alteration vectoring, targeting the margins of high chargeability anomalies and surface geochemical channel sampling is paying dividends with the drill. These results continue to support our view that Curibaya has the potential for a major discovery.”

[riggerbeautz] 15/11/2021 20:40

This is a bit thin volume some days but I’ve been liking the noises.
Another one for you Stu

[stu31] 10/11/2021 22:01

Tier One Silver Intersects Zones of Precious Metals Mineralization (Dave Smithson & Peter Dembicki)

[stu31] 29/10/2021 01:35

Rigger they will all be gems by the end of next year ;-)
fozzie, mainly because Fury has been an absolute disaster, I had Eastmain from 10c which got taken out at roughly 30c and I'm still underwater, not sure how that was possible!
Wimbled last I heard was this

Sombrero Resources Options High-Grade Takana Copper-Nickel District (Mike Henrichsen & Ivan Bebek)

[wimbled] 28/10/2021 22:57

Plus no sign of Sombrero Resources listing. Thanks set up the BB Stu.

[fozzie] 28/10/2021 21:53

Some good news Stu but we are still well under water here following break up of Auryn, I was hoping for more. No interest in selling and will hold for the long term.

[riggerbeautz] 28/10/2021 21:44

Interesting Stu, I’d missed this one, you follow some gems every now and again ;) Will watch awhile.

[stu31] 28/10/2021 20:19

Tier One Silver Finds More High Grade Silver at Surface with CEO Peter Dembicki



Tier One Silver: Update on Exploration Progress at Curibaya and Hurricane Silver

[stu31] 16/10/2021 01:24

Tier One Silver Trenches More High-Grade Silver & Continues to Expand Curibaya Project Footprint