VAL-D’OR, QUÉBEC–(Marketwired – Feb. 16, 2017) – Cartier Resources Inc. (TSX VENTURE:ECR) (“Cartier” or the “Company”) is pleased to announce that it has entered into an agreement with Paradigm Capital Inc. (the “Agent”) under which the Agent has agreed to sell on a best efforts, private placement basis up to 11,200,000 Québec super flow-through shares of the Company (the “Flow-Through Shares”) at a price of C$0.27 per Flow-Through Share for total gross proceeds of up to C$3,024,000 (the “Offering”). The Agent has been granted the option to sell up to an additional 15% of the number of Flow-Through Shares issuable in the Offering, exercisable in whole or in part at any time up to 48 hours prior to the closing of the Offering.
