June 9, 2010
Cartier Resources Inc. Announces the Conclusion of Agreements for a Total of $ 580,000 Financing
Val-d’Or, Quebec, June 9th, 2010 Cartier Resources Inc. (« Cartier ») (TSX Venture Exchange : ECR) is pleased to announce agreements with several institutional Funds of a private placement totaling $580,009.50. Cartier will issue 1,657,170 units at the price of $0.35 per unit, each unit composed of one (1) ordinary share and one (1) warrant that will allow its subscriber to one (1) ordinary share at the price of $0.45 for a period of two (2) years following the closure date.
The private placement is subject to the necessary approvals of the TSX Venture Exchange.
For further information, please contact:
Philippe Cloutier
President et CEP
Cartier Resources Inc.
Telephone: (819) 874-1331
Toll Free: 877 874-1331
Fax: (819) 874-3113
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of the release.
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