Cartier Iron Hires Global Maxfin Capital Inc. as Market Maker
The term of the agreement is one year and may be terminated by either party by providing 30 days' notice. The Company and Global Maxfin are unrelated and unaffiliated entities.
About Cartier Iron Corporation
Cartier Iron is an exploration and development company focused on discovering and developing significant iron ore resources in the province of Quebec. Cartier Iron's projects include the optioned Gagnon Holdings in the Cote-Nord Region of east-central Quebec, and the Borel River Prospect in the Nunavik Region of northern Quebec. Cartier Iron announced on December 19, 2013 (see News Release of said date) that the Penguin Lake deposit, which underlies part of the Round Lake claim group (one of Cartier Iron's optioned Gagnon Holdings), hosts an in-pit Inferred Resource of 531 million tonnes grading 33% Total Iron at a 15% cut-off grade. Cartier Iron also announced on March 24, 2014 that it has engaged BBA Inc. to complete a Preliminary Economic Assessment of the Penguin Lake Project.
For additional information on Cartier Iron, please visit our website at www.cartieriron.com.
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Contact
Cartier Iron Corp.
Thomas G. Larsen, Chief Executive Officer
(416) 360-8006
(416) 361-1333
Cartier Iron Corp.
Jorge Estepa, Vice-President
(416) 360-8006
(416) 361-1333
www.cartieriron.com