TIER ONE SILVER INC - TSLVF STOCK NEWS

Tier One Silver Inc. (TSXV:TSLV)(OTCQB:TSLVF) has reported new channel sampling results from its Cambaya I and Cambaya II silver-gold corridors at the Curibaya project. The Cambaya structural corridors, located in the northeast area of the property, represent highly prospective precious metals target areas. Key highlights include:

- Channel samples with grades up to 8,950 g/t Ag and 4.13 g/t Au
- Expansion of the target area by 350m in width
- Cambaya corridors now cover a 1.75 km x 950m area of prospective precious metals zonation
- 48 samples from 10 trenches in Cambaya I (200m x 200m area)
- 53 samples from 17 trenches in Cambaya II (250m x 500m area)

The company believes Cambaya is located in the upper part of the epithermal system due to high-grade precious metal samples and high arsenic anomalies. Tier One Silver plans to conduct a drill program later this year to test the most prolific and prospective targets within Cambaya.

Tier One Silver Inc. (TSXV:TSLV)(OTCQB:TSLVF) held its Annual General Meeting on August 7, 2024, in Vancouver, with 25.69% of outstanding common shares represented. Shareholders elected six directors: Antonio Arribas, Ivan James Bebek, Peter Dembicki, Jeffrey Mason, Christina Strashek, and Paul Sun, all receiving over 96% approval. Deloitte LLP was reappointed as auditor with 99.72% support. The company's long-term incentive plan was approved by 92.74% of votes, limiting share issuance to 10% of outstanding shares. Currently, 9,930,000 Options have been issued, leaving 7,174,952 Unit Awards available for issuance under the plan.

Tier One Silver Inc. (TSXV:TSLV)(OTCQB:TSLVF) has resumed exploration activities at its flagship Curibaya project in Southern Peru. The program focuses on three main zones: Cambaya I, Cambaya II, and Zone 1. It includes 2-3 months of field work, sampling, and geological mapping to expand and define potential silver-gold corridors and a porphyry target. Previous channel sampling in Cambaya corridors yielded high-grade results, including 4.5m of 408.2 g/t Ag and 1.48 g/t Au. The company aims to extend both corridors and understand ore shoot geometry. In Zone 1, they will follow up on strong copper signatures and a polymictic breccia with samples up to 1,360 g/t Ag, 42.20 Au, and 6.12% Cu. This work will help delineate drill targets for a planned follow-up program, subject to financing.

Tier One Silver has renewed its social access agreement with the Chipispaya community for its Curibaya project in Southern Peru. The agreement, effective until June 11, 2025, with an option for an additional year, includes commitments to local employment and training. The Curibaya property spans 17,000 hectares and sits on a prime copper porphyry belt, offering high-grade silver and copper exploration opportunities. The company has identified six mineralized corridors and is focusing on enhancing its Cambaya silver target in the upcoming exploration phase. CEO Peter Dembicki emphasized the importance of community support for the project's success and highlighted past initiatives in employment, training, medical supplies, and infrastructure.

On May 29, 2024, Tier One Silver (TSXV:TSLV, OTCQB:TSLVF) announced engagements with Strike Communications and GRA Enterprises to bolster its corporate communications and capital markets strategy. Strike, led by Julia Becker, will offer a one-year term of strategic capital market support starting June 1, 2024, for C$8,500 monthly and 300,000 options at $0.30, vesting over five years. GRA Enterprises will provide six months of media and communication services for US$50,000, starting May 21, 2024, focusing on enhancing company visibility. Both agreements are subject to TSX Venture Exchange approval.

Tier One Silver Inc. closes the first tranche of its non-brokered private placement, raising $750,000 in gross proceeds. The company issued 5,366,514 units at C$0.14 per unit, paying finders' fees of C$22,974.72 and issuing non-transferable finders' warrants. The funds raised will be used for general working capital.

Tier One Silver Inc. (TSLVF) announces a private placement of up to 7,142,858 units at C$0.14 per unit, aiming to raise up to C$1,000,000 for general working capital. Each unit includes a share and a warrant, with potential accelerated expiry conditions. The offering is non-brokered, with a finder's fee of 6.0% of gross proceeds and finder's warrants issued. The use of proceeds is outlined for funding general working capital.

Tier One Silver Inc. (TSXV:TSLV) has completed the first tranche of its non-brokered private placement, issuing 4,954,000 units at an offering price of C$0.10 per Unit for gross proceeds of C$495,400. The company intends to extend the closing of a second and final tranche to December 15, 2023, subject to TSX Venture Exchange approval. The use of proceeds is to fund general working capital. 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.

Tier One Silver Inc. announces non-brokered private placement of up to 15 million units at an offering price of C$0.10 per unit for gross proceeds of up to C$1,500,000. Each unit consists of one common share and one full common share purchase warrant. The proposed use of proceeds is for general working capital. The initial closing is expected on November 10, 2023.