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Open high resolution image CARTIER RESOURCES CLOSES OFFERING WITH PARADIGM CAPITAL AND CONCURRENT OFFERING FOR AGGREGATE GROSS PROCEEDS OF $11,398,596
April 24, 2025 // Press releases
Cartier Resources Inc. (TSX-V: ECR) (“Cartier” or the “Corporation”) is pleased to announce that it has closed its previously announced private placement with Paradigm Capital Inc. (the “Agent”) for aggregate gross proceeds of $8,395,176.11 (the “Offering”) through a combination of: (i) 27,473,627 units of the Corporation issued on a charitable flow-through basis qualifying 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 $0.182 per Premium FT Unit for gross proceeds of $5,000,200.11; and (ii) 26,115,200 units of the Corporation (the “Hard Dollar Units”) issued at $0.13 per Hard Dollar Unit for gross proceeds of $3,394,976.
Open high resolution image CARTIER RESOURCES ANNOUNCES SUBSCRIPTION AGREEMENT FOR FLOW-THROUGH UNITS UNDER ITS PREVIOUSLY ANNOUNCED BROKERED OFFERING AND ADJUSTMENTS FURTHER TO TAX MEASURES UNVEILED BY THE QUEBEC MINISTER OF FINANCE
April 2, 2025 // Press releases
Cartier Resources Inc. (TSX-V: ECR) (“Cartier” or the “Corporation”) announces the execution, on March 31, 2025, of an amending agreement (the “Amending Agreement”) further to the engagement letter dated March 20, 2025 between Paradigm Capital Inc. (the “Agent”) and the Corporation (the “Engagement Letter”) with respect to its previously announced “best efforts” private placement offering of securities of Cartier (the “Offering").
Open high resolution image CARTIER RESOURCES ANNOUNCES PRIVATE PLACEMENT OF FLOW-THROUGH UNITS AND HARD DOLLAR UNITS
March 20, 2025 // Press releases
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.
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Cartier Resources inc.
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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