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Cartier Resources Inc. (TSX-V: ECR) (“Cartier”) has awarded to InnovExplo Inc. (“InnovExplo”) the mandate to estimate the gold resources of the Nordeau West deposit located 450 m east of the Chimo Mine property and prepare a technical report in accordance with NI 43-101. The Chimo Mine property and contiguous East Cadillac property, containing the Nordeau West deposit, whose interests are 100% owned by Cartier, are located 45 km east of Val-d’Or situated along the Cadillac-Larder Lake Fault.
Cartier Resources Inc. (TSX-V: ECR) (“Cartier” or the “Company”) announces that at its annual general meeting held on May 31st, 2022 the following individuals were elected as directors of Cartier
Cartier Resources Inc. (TSX-V: ECR) (“Cartier” or the “Company”) announces that it has closed its previously announced private placement (the “Private Placement”) for aggregate gross proceeds of $1,820,000. A total of 14,000,000 units (the “Units”) of Cartier were issued at a price of $0.13 per Unit. Each Unit consisted of one (1) common share of Cartier (a “Common Share”) and one half (0.5) Common Share purchase warrant, each whole warrant entitling the holder to subscribe for one (1) Common Share at a price of $0.16 for a period of thirty-six (36) months following the closing date of the Private Placement. Agnico Eagle now owns approximately 17.7% of the issued and outstanding Common Shares on a non-diluted basis and 19.7% of the issued and outstanding Common Shares on a partially-diluted basis.
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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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