VAL-D'OR, Québec, Dec. 14, 2023 --
Cartier Resources Inc. is pleased to announce that it has completed a non-brokered private placement of 13,000,000 national flow-through common shares and 11,000,000 Québec flow-through common shares for aggregate gross proceeds of $2,510,000 . The National Flow-Through Shares were issued at a price of $0.10 per share and the Québec Flow-Through Shares were issued at a price of $0.11 per share. Each National FT Share and Québec FT Share will qualify as a "flow-through share" within the meaning of subsection 66 of the Income Tax Act and, in respect of eligible Québec resident subscribers, section 359.1 of the Taxation Act . The Flow-Through Shares will be renounced with an effective date no later than December 31, 2023 to the initial purchase...