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Cartier Resources Inc V.ECR

Alternate Symbol(s):  ECRFF

Cartier Resources Inc. is a Canada-based exploration company. The Company's activities primarily include the acquisition and exploration of mining properties. Its projects are located in Quebec. The Company is advancing the development of its flagship Chimo Mine Project and exploring its other projects. Its projects include Fenton, Wilson, Cadillac Extension and Dollier. The Company also has Benoist, MacCormack AND XSTRATA option projects. The Chimo Mine Project is comprised of the Chimo Mine and East Cadillac properties. The Chimo Mine Project's commodity is gold. The Chimo Mine property consists of approximately 12 contiguous claims covering an area of 334.44 hectares. The East Cadillac property consists of approximately 537 contiguous claims covering an area of 26,315.98 hectares. The Chimo Mine Project is held 100% by the Company. The Benoist property is composed of approximately 73 claims and includes commodities, such as gold and copper and silver by-products.


TSXV:ECR - Post by User

Post by woody999on May 26, 2025 6:30pm
53 Views
Post# 36586995

Question for Cartier:

Question for Cartier:

Is this the same PP as a month ago? I thought it was closed and done?

Cartier Resources private placement

 

2025-05-26 18:11 ET - Private Placement

 

 

Financing type:  brokered and non-brokered private placement

Gross proceeds:  $11,398,595.494

Offering:  27,473,627 charity flow-through listed shares with 27,473,627 warrants attached, 49,218,426 listed shares with 49,218,426 warrants attached

Offering price:  18.2 cents per charity flow-through listed share, 13 cents per listed share

Warrant exercise terms:  18 cents per listed share for a five-year period, subject to an acceleration right; 18 cents per listed share for a five-year period, subject to an acceleration right

Commissions in securities:  Paradigm Capital Inc., 2,143,553 warrants

Commission terms:  each non-transferable warrant is exercisable at 13 cents for a period of 24 months

Disclosure:
 refer to the company's news releases dated March 20, 2025, April 1, 2025, and April 23, 2025

© 2025 Canjex Publishing Ltd. All rights reserved.

 

 


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