TORONTO, Nov. 22, 2017 (GLOBE NEWSWIRE) -- Cartier Iron Corporation (CSE:CFE) (“Cartier Iron”
or the “Company”), is pleased to announce the completion of the acquisition of a 100% interest (“Acquisition”) in the Big Easy
Property (“Property”), following the registration of title by the proper authorities in the province of Newfoundland and Labrador.
The Property consists of 278 mining claims covering 69.5 km2, all located in the province of Newfoundland and Labrador.
The terms and details of the Acquisition were announced by Cartier Iron on October 31, 2017 and September 28, 2017. The Property is
readily accessible from the Trans-Canada Highway and local roads. The north end of the Property is located approximately 20
kilometres northwest of the town of Clarenville with St. John’s approximately 220 km southeast of the Property.
About Cartier Iron Corporation
Cartier Iron is an exploration and development Company focused on discovering and developing significant iron ore
resources in Quebec, and a potentially significant gold property in the province of Newfoundland and Labrador. The Company's iron
ore projects include the Gagnon Holdings in the southern Labrador Trough region of east-central Quebec. The Big Easy gold property
is located in the Burin Peninsula epithermal gold belt in the Avalon Zone of eastern Newfoundland.
Please visit Cartier Iron's website at www.cartieriron.com.
For further information please contact:
Thomas G. Larsen
Chief Executive Officer
(416) 360-8006
Jorge Estepa
Vice-President
(416) 360-8006
The CSE has not reviewed nor accepts responsibility for the adequacy or accuracy of this release. Statements
in this release that are not historical facts are “forward-looking statements” and readers are cautioned that any such statements
are not guarantees of future performance, and that actual developments or results, may vary materially from those in these
“forward-looking statements”.