May 19, 2022
Cartier Announces Private Placement Financing
Cartier Resources Inc. (TSX-V: ECR) (“Cartier” or the “Company”) is pleased to announce that Agnico Eagle Mines Limited (“Agnico Eagle”), in connection with its participation right under the Investor Rights Agreement dated December 22, 2016 between Cartier and Agnico Eagle, has entered into a subscription agreement for a non-brokered private placement (the “Private Placement”) whereby Agnico Eagle will subscribe for 14,000,000 units (the “Units”) of Cartier at a price of $0.13 per Unit, with each Unit consisting 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. At closing of the Private Placement, Agnico Eagle is expected to own 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, after giving effect to the Private Placement.
April 8, 2022
Cartier Signs Share Purchase Agreement With O3 Mining
Cartier Resources Inc. (TSX-V: ECR) (“Cartier”) is pleased to announce the execution of a definitive share purchase agreement with O3 Mining Inc. (“O3 Mining”) for the acquisition by Cartier of all of the issued and outstanding shares of Chalice Gold Mines (Quebec) Inc. (“Chalice Quebec”), a wholly-owned subsidiary of O3 Mining, which owns a 100% interest in the East Cadillac property contiguous with Cartier’s Chimo Mine property in the Val-d’Or Gold Camp, Quebec, Canada, (the “Transaction”).
February 28, 2022
Cartier Signs Non-Binding LOI With O3 Mining to Acquire 100% of Chalice Gold Mines (Quebec) Inc.
Cartier Resources Inc. (TSX-V: ECR) (“Cartier”) is pleased to announce the execution of a non-binding letter of intent (the “LOI”) for the acquisition by Cartier of all of the issued and outstanding shares of Chalice Gold Mines (Québec) Inc., a wholly-owned subsidiary of O3 Mining which owns a 100% interest in the East Cadillac property contiguous with Cartier’s Chimo Mine property in the Val-d’Or Gold Camp, Quebec, Canada (the “Transaction”).
January 18, 2022
Cartier Cuts 27.4 g/t Au over 8.0 m on the Fenton Property
Cartier Resources Inc. (TSX-V: ECR) (“Cartier”) is pleased to announce high grade channel sampling results from the 2021 exploration program at the 100 % owned Fenton gold property located 50 km southwest of Chapais, Quebec, Canada