On December 15, 2023 Tier One Silver Inc. closed the transaction. The company issued 4,897,000 unit at an issue price of CAD 0.10 per unit for gross proceeds of CAD 489,700, bringing the total gross proceeds from the offering to CAD 985,100. The company paid finder's fees of CAD 19,834 and 198,340 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 CAD 0.25 until December 15, 2025. The transaction included participation from 35 placees, 8 insiders with insider involvement of 547,000 shares and 1 pro group with pro group involvement of 140,000 shares. The TSX Venture Exchange has accepted for filing documentation with respect to anon-brokered private placement announced on October 26, 2023.