Core Silver Finalizes Non-Brokered Private Placement

Core Silver Corp. has completed its non-brokered private placement, raising $2,000,000 through the issuance of 8,000,000 units at $0.25 each. Each unit includes one common share and one transferable warrant, exercisable at $0.315 for 24 months. No finder's fees were involved, and the net proceeds will aid working capital and property exploration.

Insiders acquired 1,855,000 units, totaling $463,750. Key participants include CEO Nicholas Rodway and VP Joshua Vann. Crescat Portfolio Management LLC also purchased 1,600,000 units. These insider transactions are exempt from certain regulatory requirements due to the company's market status.

Additionally, the company announced the cancellation of 1,039,500 stock options. Core Silver remains focused on exploration in British Columbia's Atlin Mining District.