Cartier Annouces the Closing of Two Private Placements for a Total of $625,760
28 6월 2014 - 4:16AM
Marketwired
Cartier Annouces the Closing of Two Private Placements for a Total
of $625,760
VAL-D'OR, CANADA--(Marketwired - Jun 27, 2014) - Cartier
Resources Inc. (TSX-VENTURE:ECR) ("Cartier") is pleased to announce
the closing of two private placements without intermediate.
- The first private placement is a non-flow-through private
placement with accredited investors, directors, officers and
friends and consists of 95 units for an amount of $95,760.
- The second private placement is a flow-through private
placement with accredited investors, directors, officers, friends
and business associates and consists of 530 units for an amount of
$530,000.
Each unit of the non-flow-through private placement, at a price
of $1,008 per unit, is comprised of 8,400 common shares at a price
of $0.12 per share and 8,400 common share purchase warrants. Each
warrant entitles the holder to subscribe for one (1) common share
at a price of $0.20 for a period of 24 months following the closing
date. Thus, an aggregate of 798,000 common shares and 798,000
warrants were issued, of which 84,000 common shares and 84,000
warrants were issued to one insider of Cartier.
Under the flow-through private placement, each unit, at a price
of $1,000 per unit, is comprised of 6,250 flow-through common
shares at a price of $0.16 per share. Thus, the following
securities were issued by Cartier, 3,312,500 flow-through shares at
a price of $0.16 per share for an amount of $530,000, of which
50,000 flow-through shares ($8,000) were issued to one insider of
Cartier.
The securities issued under both private placements are subject
to a four (4) month and one (1) day statutory hold period. The
proceeds of both placements will be used by Cartier to conduct
exploration, mainly on the Benoist project.
This press release is not an offer or a solicitation of an offer
of securities for sale in the United States. The securities have
not been and will not be registered under the U.S. Securities Act
of 1933, as amended, and may not be offered or sold in the United
States absent registration or an applicable exemption from
registration.
The common shares of Cartier Resources Inc. are listed on the
TSX Venture Exchange under the symbol "ECR".
Neither, the TSX Venture Exchange or 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 this release.
Philippe CloutierPresident and CEOCartier Resources Inc.819
874-1331 / Toll-free : 877 874-1331819
874-3113info@ressourcescartier.comwww.ressourcescartier.com
Cartier Resources (TSXV:ECR)
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