• TSX-V:ECR 0.07 (0)
  • Volume 32100

Press releases



December 24, 2014

Cartier Sells La Pause Property to Sunset Cove Mining

Val-d’Or, December 24, 2014 – Cartier Resources Inc. (TSX-V: ECR) (“Cartier”) announces the sale to Sunset Cove Mining Inc. (“Sunset Cove Mining”) of the La Pause gold property, of which Cartier has a 100% interest, in consideration of the issuance of 1,000,000 common shares of Sunset Cove Mining. The La Pause Property comprises 36 claims and is located 800 meters north of the Westwood Mine, near the Town of Cadillac, in Quebec. Cartier will retain a 2% net smelter return royalty, with each tranche of 1% NSR being redeemable for $1,000,000.

There are no cash payments and exploration expenditure commitments forming part of this transaction.

This transaction is subject to regulatory approvals and the securities will be subject to a four (4) month and one (1) day statutory hold period.

-30-

For more information, please contact :

Philippe Cloutier, P.Geo., President and CEO

Telephone :  819 856-0512

philippe.cloutier@ressourcescartier.com

www.ressourcescartier.com

Neither the TSX Venture Exchange nor its regulatory services provider accepts responsibility for the adequacy or accuracy of this press release.


Document(s)

141224_La+Pause+Sale_EN