Mr. Peter Dembicki reports
TIER ONE ANNOUNCES FILING OF PRELIMINARY SHORT FORM BASE SHELF PROSPECTUS
Tier One Silver Inc. has filed a preliminary short form base shelf prospectus with the securities commissions in each of the provinces and territories of Canada.
The filing of a prospectus is intended to provide the company with financing flexibility. Upon a final base shelf prospectus becoming effective, these filings, subject to securities regulatory requirements, will allow the company to qualify the distribution of up to $100-millionof common shares, warrants, subscription receipts, units, debt securities, or any combination thereof, from time to time over a 25-month period that the shelf prospectus remains effective. The specific terms of any future offering of securities (if any) will be set forth in a shelf prospectus supplement, which will be filed with the applicable Canadian securities regulatory authorities in connection with any such offering.
Each prospectus supplement will contain specific information concerning, among other matters, the securities to be issued and the use of proceeds from any such issuance. There is no certainty that any securities will be offered or sold under the shelf prospectus and any prospectus supplement within the 25-month period that it is effective. A copy of the shelf prospectus, and copies of the final base shelf prospectus and any shelf prospectus supplements that may be filed in the future, can be found under the company's SEDAR profile.
About Tier One Silver Inc.
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 record in raising capital, discovery and monetization of exploration success. The company's exploration assets in Peru include Hurricane silver, Coastal batholith, Corisur and the flagship project, Curibaya.
We seek Safe Harbor.
© 2023 Canjex Publishing Ltd. All rights reserved.