Cartier Resources Inc. Completes Private Placement
02 5월 2023 - 5:19AM
Cartier Resources Inc. (TSX-V: ECR) (“
Cartier” or
the “
Company”) is pleased to announce that it has
completed a non-brokered private placement of 5,140,000 national
flow-through common shares (the “
National Flow-Through
Shares”) and 4,545,455 Québec flow-through common shares
(the “
Québec Flow-Through Shares”) for aggregate
gross proceeds of $1,546,700 (the “
Flow-Through Private
Placement”). The National Flow-Through Shares were issued
at a price of $0.155 per share and the Québec Flow-Through Shares
were issued at a price of $0.165 per share.
Each National FT Share and Québec FT Share (the
“Flow-Through Shares”) will qualify as a
“flow-through share” within the meaning of subsection 66(15) of the
Income Tax Act (Canada) and, in respect of eligible Québec resident
subscribers, section 359.1 of the Taxation Act (Québec). The
Flow-Through Shares will be renounced with an effective date no
later than December 31, 2023 to the initial purchasers of the
Flow-Through Shares in an aggregate amount not less than the gross
proceeds raised.
In connection with the Flow-Through Private
Placement, the Company paid a finder's fee to Mine Equities Ltd.,
an exempt market dealer, comprised of an amount of $46,401 in cash
and 331,435 common shares of the Company.
The closing of the Flow-Through Private
Placement is subject to the approval of the TSX Venture Exchange.
All securities issued pursuant to the Flow-Through Private
Placement will be subject to a hold period of four months and one
day in accordance with applicable Canadian securities laws.
In addition, pursuant to the Investor Rights
Agreement between Cartier and Agnico Eagle Mines Limited
(“Agnico Eagle”), Agnico Eagle has informed
Cartier that it intends to maintain its pro-rata 15,55 % interest
in Cartier by subscribing for 1,457,143 common shares in the
capital of Cartier at a subscription price of $0.14 per share for
aggregate gross proceeds of $204,000 (the “AEM Private
Placement”). Subject to negotiation of definitive
documents and other customary closing conditions, the AEM Private
Placement is expected to close on or about May 9, 2023. The closing
of the AEM Private Placement is subject to the approval of the TSX
Venture Exchange. All securities issued pursuant to the AEM Private
Placement will be subject to a hold period of four months and one
day in accordance with applicable Canadian securities laws.
About Cartier Resources
Inc.
Cartier Resources Inc. was founded in 2006 and
is a Val-d’Or based exploration company. The Company’s projects are
all located in Quebec, which has consistently ranked as one of the
world’s best mining jurisdictions. Cartier is advancing the
development of its flagship Chimo Mine Project and actively
exploring its other projects. The Company has a cash position
exceeding $4.5 M and a significant corporate and institutional
endorsement, including Agnico Eagle Mines, O3 Mining and Quebec
investment funds.
Cautionary Statement
Certain statements contained in this press
release constitute forward-looking information under the provisions
of Canadian securities laws including statements about the
Company's plans and statements with respect to the AEM Private
Placement. Such statements are necessarily based upon a number of
beliefs, assumptions, and opinions of management on the date the
statements are made and are subject to numerous risks and
uncertainties that could cause actual results and future events to
differ materially from those anticipated or projected. The Company
undertakes no obligation to update these forward-looking statements
in the event that management's beliefs, estimates or opinions, or
other factors should change, except as required by law.
For more information, contact:Philippe Cloutier,
P. Geo.President and CEOTelephone:
819-856-0512philippe.cloutier@ressourcescartier.comwww.ressourcescartier.com
Neither the TSX Venture Exchange nor its
regulatory services provider accepts responsibility for the
adequacy or accuracy of this press release.
Cartier Resources (TSXV:ECR)
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부터 4월(4) 2024 으로 5월(5) 2024
Cartier Resources (TSXV:ECR)
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부터 5월(5) 2023 으로 5월(5) 2024