Cartier Confirms Closing of Deal With O3 Mining VAL D'OR, Quebec, April 21, 2022 (GLOBE NEWSWIRE) -- Cartier Resources Inc. (TSX-V: ECR) (“Cartier”) is pleased to announce the closing of share purchase agreement with O3 Mining Inc. (“O3 Mining”) for the acquisition by Cartier of all of the issued and outstanding shares of Chalice Gold Mines (Quebec) Inc. (“Chalice Quebec”), which owns a 100% interest in the East Cadillac property contiguous with Cartier’s Chimo Mine property in the Val-d’Or Gold Camp, Quebec, Canada, (the “Transaction”). The purchase price paid by Cartier to O3 Mining for the acquisition of Chalice Quebec is 46,273,265 common shares of Cartier (the “Cartier Shares”), representing approximately 17.5% of the pro forma outstanding common shares of Cartier upon closing of the transaction. The shares issued under the Transaction are subject to a four month and one day hold period expiring on August 22, 2022.