• TSX-V:ECR 0.31 (0.01)
  • Volume 163300

Press Releases

July 23, 2020

CARTIER ANNOUNCES UPSIZING OF PREVIOUSLY ANNOUNCED PRIVATE PLACEMENT OF FLOW-THROUGH SHARES

Cartier Resources Inc. (TSX-V: ECR) (the "Company" or “Cartier’) announces that in connection with its previously announced best efforts private placement offering, the Company and Paradigm Capital Inc. (the “Agent”) have agreed to increase the size of the offering to up to aggregate gross proceeds of $8.5 million. The Company will now issue up to 19,767,500 common shares of the Company that 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)) ("FT Shares") to be issued at C$0.43 per FT Share (the “Offering”).

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July 21, 2020

CARTIER ANNOUNCES $5 MILLION PRIVATE PLACEMENT OF FLOW-THROUGH SHARES

Cartier Resources Inc. (the "Company" or "Cartier") (TSX-V:ECR) announces that it has entered into an agreement with Paradigm Capital Inc. (the “Agent”) in connection with a “best efforts” private placement of up to 11,628,000 common shares of the Company 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)) ("FT Shares") to be issued at C$0.43 per FT Share (the “Issue Price”) for aggregate gross proceeds of up to C$5,000,040 (the “Offering”).

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June 19, 2020

Cartier Resources Inc. Announces AGM Election Results

Cartier Resources Inc. (TSX-V: ECR) (“Cartier” or the “Company”) announces that at its annual general meeting held on June 18th, 2020 the following persons were elected as directors of Cartier

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June 17, 2020

Cartier Files NI 43-101 Technical Report on SEDAR for the Mineral Resource Estimate of the North, Central and South Gold Corridors on the Chimo Mine Property

Cartier Resources Inc. (TSX-V: ECR) (“Cartier”) announces that it has filed on SEDAR the technical report titled " NI 43-101 Technical Report and Mineral Resource Estimate for the Central, North and South Gold Corridors on the Chimo Mine Project, Quebec, Canada ", bearing the date of signature of the June 16th 2020.

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May 28, 2020

Cartier Cuts 16.5 g/t Au over 4.5 m at Chimo Mine 500 m below the New Zones 5B4-5M4-5NE

Cartier Resources Inc. (TSX-V: ECR) ("Cartier") announces values of 32.0 g/t Au over 2.0 m included within 16.5 g/t Au over 4.5 m, also included within 7.1 g/t Au over 12.1 m, intersected at a distance of 500 m below the new Zones 5B4-5M4-5NE of the Chimo Mine Property, located 45 km east of Val-d'Or.

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May 21, 2020

Cartier Cuts 20.8 g/t Au over 4.0 m at Chimo Mine 500 m below the New Zones 5B4-5M4-5NE

Cartier Resources Inc. (TSX-V: ECR) ("Cartier") announces values of 20.8 g/t Au over 4.0 m included within 9.4 g/t Au over 11.0 m, also included within 6.7 g/t Au over 16.0 m, intersected at a distance of 500 m below the new Zones 5B4-5M4-5NE of the Chimo Mine Property, located 45 km east of Val-d'Or.

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May 13, 2020

Cartier Resumes Drilling on the Chimo Mine Property

Cartier Resources Inc. (TSX-V: ECR) ("Cartier") announces that it resumes its drill program on the Chimo Mine property, located 45 km east of Val-d'Or. This follows the Quebec’s government confirmation that exploration activities can resume effective May 11th, 2020.

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May 5, 2020

Cartier Increases Gold Resources of the Chimo Mine Property

Cartier Resources Inc. (TSX-V: ECR) ("Cartier") announces the results of the mineral resource estimate of the North and South Gold Corridors of the Chimo Mine property, located 45 km east of Val-d'Or. The estimate, completed and made available on May 4th, 2020, was prepared by Mrs. Claude Savard, P. Geo., from InnovExplo Inc., an independent Qualified Person as defined by NI 43-101. Mrs. Christine Beausoleil, P. Geo. and Mr. Alain Carrier, P. Geo., M. Sc. of InnovExplo Inc. contributed with the cross checks and standard validations.

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April 22, 2020

Cartier Files Annual Financial Reports and Defers AGM Amid COVID-19 Concerns

Cartier Resources Inc. (TSX-V: ECR) ("Cartier") announces that it has filed its 2019 Financial Statements and Management Discussion and Analysis Reports on April 21st, 2020. As of this date, Cartier has a good financial position with more than $ 5.6 million in the bank.

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April 7, 2020

Cartier Intersects 5.0 g/t Au over 10.9 m, 250 m Below New Zones 5B4-5M4-5NE

Cartier Resources Inc. (TSX-V: ECR) ("Cartier") announces values of 5.0 g/t Au over 10.9 m included within 26.1 m grading 2.5 g/t Au intersected at a distance of 250 m below Zones 5B4-5M4-5NE of the Chimo Mine gold property located 45 km east of Val-d’Or, Quebec.

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March 27, 2020

Cartier Provides an Update of its Activities and Measures Relating to COVID-19

Cartier Resources Inc. (TSX-V: ECR) ("Cartier") On March 24, 2020, in accordance with orders from the Government of Quebec, Cartier suspended its drilling activities on the Chimo Mine property, located 45 km east of Val-d'Or, until April 13, 2020. Other work is in progress by telework or other confinement situations.

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February 18, 2020

Cartier Intersects 7.1 g/t Au over 11.5 m 550 m Below Zones 5B4-5M4-5NE on Chimo Mine Project; Illustrating the Potential for Resource Expansion

Cartier Resources Inc. (TSX-V: ECR) ("Cartier") announces values of 7.1 g / t Au over 11.5 m including 22.0 g / t Au over 2.0 m intersected at a distance of 550 m below Zones 5B4-5M4-5NE of the Chimo Mine gold property located 45 km east of Val-d’Or, Quebec. Values of 7.0 g / t Au over 2.0 m, included within a section grading 2.6 g / t Au over 16.1 m, were also obtained 300 m below Zones 5B4-5M4-5NE (FIGURE 1). The continuity of mineralization makes it possible to plan drill targets over long distances and repeat the intersections.

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February 4, 2020

Cartier Awards a second Mandate for NI 43-101 Resource Estimate For the Chimo Mine Project

Cartier Resources Inc. (TSX-V: ECR) ("Cartier") has awarded InnovExplo the mandate to complete a resource estimate on the North and South Gold Corridors and a supporting NI 43 - 101 technical report for its 100% owned flagship Chimo Mine gold property located 45 kilometers east of Val-d’Or, Quebec.

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