Cartier Iron Corporation Completes Private Placement

July 07, 2021

Cartier Iron Corporation (CSE:CFE), 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, completed a brokered private placement of: (i) 19,166,667 units at a price of $0.09 per unit for gross proceeds of $1,725,000.03; and (ii) 28,750,000 flow-through units at a price of $0.12 per flow-through unit for gross proceeds of $3,450,000.00.

The private placement was conducted by Cormark Securities Inc., as agent.

Wildeboer Dellelce LLP acted for the agent in connection with the private placement with a team comprised of Charlie Malone, Carlye Bellavia and Sarah Wahba (corporate/securities) and member of the tax group.