Core Silver Corp. Announces $1 Million Private Placement

Core Silver Corp. is set to launch a private placement offering to raise up to $1 million. This financing involves the issuance of up to 1,818,182 flow-through units priced at $0.55 per unit. Each unit includes one common share and half a share purchase warrant. These warrants allow the purchase of additional shares at $0.85 within two years.

The funds will support the extension of the 2026 drilling program at the Touleary Project in Yukon. The proceeds are earmarked for Canadian exploration expenses. These will be renounced in favor of subscribers by December 31, 2027. The offering is anticipated to close by October 30, 2026, subject to approvals.

All securities carry a four-month hold period and will not be registered under the U.S. Securities Act. Therefore, sales in the U.S. are restricted without registration or applicable exemptions. The company might pay finder's fees in line with CSE policies.