Cartier Silver Grants Stock Options

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20 Adelaide Street East, Suite 200, Toronto, Ontario CANADA M5C 2T6 Tel.: 1 (800) 360-8006

NEWS RELEASE

CARTIER SILVER GRANTS STOCK OPTIONS

TORONTO, January 3, 2023 – Cartier Silver Corporation (CSE:CFE) (“ Cartier Silver ” or the

“Company ”) announces the grant of stock options to directors, officers and consultants to purchase

2,705,000 common shares of the Company, exercisable at $0.78 per share at any time on or before

December 31, 2027. The grants are subject to the te rms of Cartier Silver’s stock option plan. In

accordance with regulatory requirements, any shares issued pursuant to the exercise of such options

will be subject to a resale restriction for a period of four months from the date of the grant.

About Cartier Silver Corporation

Cartier Silver is an exploration and development Company focused on discovering and developing

its recently acquired silver property assets, inclu ding the Chorrillos Project and claims staked by th e

Company’s subsidiary, all of which are located in t he Potosi Department of southern Bolivia. The

Company also holds significant iron ore resources a t its Gagnon Holdings in the southern Labrador

Trough region of east-central Quebec, and the Big E asy gold property in the Burin Peninsula epithermal

gold belt in the Avalon Zone of eastern Newfoundland and Labrador.

For further information please visit Cartier Silver’s website at www.cartiersilvercorp.com

For further information please contact:

Thomas G. Larsen Jorge Estepa

Chief Executive Officer Vice-President

(800) 360-8006 (800) 360-8006

(416) 360-8006 (416) 360-8006

The CSE has not reviewed nor accepts responsibility for the adequacy or accuracy of this release.

Statements in this release that are not historical facts are “forward-looking statements” and readers are

cautioned that any such statements are not guarantees of future performance, and that actual developments or

results, may vary materially from those in these “forward-looking statements”.