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Cartier Resources Inc. (TSX-V: ECR) ("Cartier" or the "Corporation") is pleased to announce that it has entered into an agreement with Paradigm Capital Inc. (the "Agent") in connection with a "best efforts" private placement offering (the "Offering") of securities of Cartier for aggregate gross proceeds of up to $7,300,160, through a combination of: (i) 21,740,000 units of the Corporation issued on a charitable flow-through basis that will qualify as "flow-through shares" (within the meaning of subsection 66(15) of the Income Tax Act (Canada) and section 359.1 of the Taxation Act (Québec)) (the "Premium FT Units") at $0.23 per Premium FT Unit for gross proceeds of $5,000,200; and (ii) 17,692,000 units of the Corporation (the "Hard Dollar Units") and, together with the Premium FT Units, the "Offered Securities") to be issued at $0.13 per Hard Dollar Unit for gross proceeds of $2,299,960.
Cartier Resources Inc. (″Cartier″ or the ″Company″) (TSXV: ECR; FSE:6CA) is pleased to announce it has launched the Artificial Intelligence (″AI″) Targeting Program on the Cadillac Project, in the Val-d’Or mining camp (Quebec). The program incorporates VRIFY’s cutting-edge AI-Assisted Mineral Discovery Platform.
Cartier Resources Inc. (″Cartier″ or the ″Company″) (TSXV: ECR; FSE:6CA) is pleased to announce it intends to evaluate the economic potential of reprocessing Chimo Tailings (″Chimo Tailings Project″), located on the Cadillac Project.
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Nancy Lacoursière is the Designated Official of Cartier Resources Inc. responsible for the protection of personal information held by the company.
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By email: nancy.lacoursiere@ressourcescartier.com
By mail: Nancy Lacoursière, Chief Financial Officer/CFO, Cartier Resources inc.,
1740, chemin Sullivan, Suite 1000, Val-d’Or (Québec) J9P 7H1
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Founded in 2006, Cartier Resources Inc. is an exploration company focused on the Abitibi gold belt in Quebec, one of the best mining territories in the world.
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